02.10.2006 13:07:00

Regis Corporation Selects Trintech's AssureNET GL and TRACKER to Improve Efficiency, Controls and Compliance

DALLAS and DUBLIN, Ireland, Oct. 2 /PRNewswire-FirstCall/ -- Trintech Group Plc , a leading provider of financial software and technology services specializing in transaction verification, reconciliation management, process automation, and compliance, today announced that Regis Corporation has selected AssureNET GL for automating GL reconciliation, review and certification processes, and TRACKER for escheatment of unclaimed property.

Regis Corporation is the world's largest operator of hair salons. The multinational Fortune 1000 company has more than 11,000 salons, more than 50 beauty schools, and 90 hair restoration centers -- all under some of the world's most recognizable brand names.

The installation of AssureNET GL will help Regis Corporation to enhance controls around its over 3,000 general ledger accounts, and provide distinct workflow management for reconcilers, reviewers and approvers. AssureNET GL automates time-consuming tasks such as the notification and tracking of accounts and deadlines, and its risk management features enable detailed analysis, reporting and documentation of current and potential risk.

"The AssureNET GL solution is a tool that will significantly reduce the risk associated with our general ledger reconciliation processes," said Kyle Didier, Vice President of Finance for Regis Corporation. "In addition, AssureNET will enhance the speed and timeliness of our reconciliation process, while reducing the overall cost of compliance. This is yet another Trintech product that will create a significant amount of value for us."

To address state requirements for escheatment of unclaimed property, Regis Corporation will combine TRACKER with its existing ReconNET system for the most effective solution for managing reporting requirements and ensuring adherence to each state's regulations. "The integrated solutions that Trintech offers, allow us to realize a great deal of process efficiencies, while giving us scalability for future growth," said Didier.

"We're delighted that our partnership with Regis Corporation continues to grow. Their selection of Trintech solutions to replace existing technology further validates our commitment to enterprise transaction management excellence and to provide ongoing value to our customers," said John Harte, General Manager of Trintech. "The automation of general ledger reconciliation, review and certification procedures, and escheatment processes will increase the reliability and accuracy of the company's reconciliations, and help ensure compliance with Sarbanes-Oxley."

About Regis Corporation

Regis Corporation is the beauty industry's global leader in salons, hair restoration centers and education. As of March 31, 2006, the Company owned or franchised 11,288 worldwide locations; which included 11,145 beauty salons, 90 hair restoration centers, and 53 beauty schools operating under concepts such as Supercuts, Jean Louis David, Vidal Sassoon, Regis Salons, MasterCuts, Trade Secret, SmartStyle, Cost Cutters and Hair Club for Men and Women. These and other concepts are located in the US and in ten other countries throughout North America and Europe. For more information, please visit http://www.regiscorp.com/.

About Trintech Group

Trintech Group Plc , a leading global provider of financial software and technology services specializing in transaction verification, reconciliation management, process automation, and compliance, for commercial, financial and healthcare markets. For over 20 years, Trintech has been providing comprehensive, industry-leading solutions to financial departments seeking greater insight into critical transaction processes. Trintech delivers a configurable, highly scalable platform that incorporates a company's unique business logic, enabling managers to obtain greater visibility and more efficiently manage business risk throughout the transaction lifecycle. Trintech's transaction management solutions include: ReconNET for high volume transaction reconciliation; AssureNET GL for general ledger reconciliation and certification; Treasure eNET for cash management; Bank Fee Analysis; and the DataFlow Transaction Network for data collection and delivery. Over 400 leading companies across a variety of industries rely on Trintech products and services. Clients include: North Fork Bank, 7-Eleven, Kroger, Regal Entertainment, Accor, UPMC, Farmer's Insurance Group, YUM! Brands Restaurants, Rohm and Haas, Verizon Wireless, and Ameren.

Trintech's principal business office is in Dallas, Texas, with international offices in Ireland, the United Kingdom and the Netherlands. Trintech can be reached at 15851 Dallas Parkway, Suite 855, Addison, TX 75001 (Tel 1-972-701-9802). Trintech's corporate office can be contacted at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel 353-1-207-4000). For more information, please visit http://www.trintech.com/.

Trintech Press Contacts: Dallas: Donna Martinez, Marketing Communications Manager, Trintech Tel. +1-972-739-1611. email: donna.martinez@trintech.com

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