Internet Marketing

Systech and Secure Payment Systems Announce Dial-to-IP Solution

SPS Certifies Systech Dial-to-IP Converters for IP-Based Check and Gift Card Transactions

SAN DIEGO--(BUSINESS WIRE)--July 8, 2004--Systech Corp., San Diego, an industry leader in the design and manufacture of Internet Payment Gateways for electronic transaction markets, today announced an alliance with Secure Payment Systems to deploy Systech Internet Payment Gateways for IP-based check guarantee and gift card transactions. Secure Payment Systems has certified the Systech products and will encourage ISO channel partners to integrate and deploy Systech dial-to-IP conversion gateways to benefit SPS merchants.
Systech Internet Payment Gateways convert dial-up payment transactions to high-speed IP transactions. The gateways connect both legacy and new POS terminals and POS controllers to the SPS processing host over the public Internet using secure, SSL IP protocols. Merchants with existing, private IP networks can also use the Systech/SPS solution to convert and re-route dial transactions through existing WAN links. Merchants benefit from both higher-speed transactions, and recurring cost savings from eliminating dedicated dial-up telephone lines.

"Systech devices address increasing demand from our merchants for a simple and cost-effective migration path from dial to IP," said Lin Fellerman, president and CEO of Secure Payment Systems. "Systech's plug and play solution provides clean and efficient transaction performance on our SSL network with no additional recurring fees. Their superior software architecture and broad list of industry partnerships outdistanced the other alternatives we evaluated."

"The Secure Payment Systems check guarantee solution is in demand by our ISO partners. The loyal and growing list of SPS partners and merchants are very important to Systech," said John Stafford, Systech's director of payment systems. "We believe the SPS/Systech solution will be attractive to merchants desiring increased transaction speeds, increased customer satisfaction and lower operating costs."

About Secure Payment Systems

Secure Payment Systems is a leader in check guarantee and gift card transaction processing services. SPS solutions integrate consumer information, demographics and risk management to minimize risk and increase revenue. Through the integration of leading transaction technologies, SPS enables merchants nationwide to streamline costs and increase market share. Additional information can be found at www.securepaymentsystems.com.

About Systech Corp.

Systech Corp. is an industry leader in the design and manufacture of Internet Payment Gateways for electronic transaction markets. Systech's 23-year history includes innovative network device server solutions for a broad range of worldwide markets spanning point of sale, retail operations and industrial and commercial applications. Over 200,000 Systech networking devices facilitate mission critical applications worldwide. Additional information can be found at www.systech.com.

Contacts


Systech Corp.
John Stafford, Director, Payment Systems
858-674-6500 ext. 483
johns@systech.com
or
Secure Payment Systems
Kristin Helbert, Director, Product Development
858-549-9001
khelbert@securepaymentsystems.com

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