S&K Famous Brands Selects Trintech's DataFlow Transaction Network and

    Business Editors/Fashion Editors/Technology Editors

    DALLAS & DUBLIN, Ireland--(BUSINESS WIRE)--Jan. 31, 2005--

    Specialty Apparel Retailer Commits to DataFlow Transaction Network for Bank Data Collection and Delivery and ReconNET for Reconciliation

    Trintech (Nasdaq:TTPA) (Prime Standard:TTP), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that S&K Famous Brands, a retailer of menswear with stores in 27 states, has selected Trintech's DataFlow Transaction Network to collect, format and deliver daily banking data, and ReconNET to automate the verification and reconciliation of its cash and checks with its banks. S&K Famous Brands expects to further improve operational control and reduce exposure to risk, while decreasing costs, improving productivity and maximizing the use of available funds.
    S&K Famous Brands offers one-stop shopping and value prices for men in a traditional menswear haberdashery atmosphere. For 37 years S&K Famous Brands has been offering men a full selection of suits and sport coats, casual wear, shoes, accessories and furnishings. The company's 240 stores extend from Maine to Florida and from the East Coast to Texas.
    S&K Famous Brands will utilize DataFlow and the ReconNet software solution to improve detection and resolution of transaction variances resulting in reduced write-offs. Each day the company will receive account data for its regional banks through the DataFlow Transaction Network, and use that data for automated verification and reconciliation of deposits from its stores with ReconNET. S&K Famous Brands will also use ReconNET to help manage the movement of available cash from accounts in each store's depositing bank to its concentration account.
    "Time-consuming, manual daily and month-end reconciliation exposed us to occasional risks, including late or missing deposits," said Janet Jorgensen, Senior VP at S&K Famous Brands. "Now we will receive bank data daily allowing us to report on exceptions and automatically escalate them. With ReconNET and DataFlow, we expect to resolve issues even more quickly, and reduce the potential for loss and maximize cash flow."
    "Smart retailers like S&K Famous Brands realize that true business efficiency comes from automating reconciliation processes," said John Harte, General Manager of Trintech's Funds Management Systems Division. "Our solutions are helping specialty apparel retailers improve productivity, processes and operational costs. We are confident that our solutions will enhance accounting and treasury processes for S&K Famous Brands, as they have for numerous other specialty apparel retailers."

    About S&K Famous Brands

    Originating in 1967, S&K Famous Brands, Inc. is a retailer of value-priced menswear operating 240 stores in 27 states reaching from the East Coast to Texas and from Maine to Florida. S&K offers a complete line of men's apparel generally priced 20-40% below department store and specialty store regular prices. S&K Famous Brands has its headquarters in Richmond, Va. For more information, visit www.skmenswear.com.

    About Trintech FMS

    Trintech Funds Management Systems (FMS), a division of Trintech Group, provides comprehensive, industry-leading solutions that optimize enterprise funds management including the ReconNET reconciliation product suite, Bank Fee Analysis, and DataFlow transaction data network and services. Trintech's FMS solutions are optimizing performance in nearly 400 leading companies in retail, hospitality, food service, insurance, banking, government and other industries, including YUM! Brands Restaurants, The Men's Wearhouse, Radio Shack, 7-Eleven, Whitbread Group, Verizon Wireless, Kroger, J. Crew Group, Inc., Regal Entertainment, Polo Ralph Lauren Corporation, Wendy's, Farmer's Insurance Group, and the University of Missouri. Trintech FMS is headquartered in Dallas, and can be contacted at 972-701-9802 and on the web at www.trintech.com/fms.

    About Trintech

    Trintech is a leading provider of transaction reconciliation and payment infrastructure solutions to retailers, financial institutions, payment processors and network operators globally. Built on 17 years of experience, Trintech's solutions manage each area of the payment transaction cycle from authentication, authorization, settlement, dispute resolution and reconciliation -- enabling its customers to reduce transaction costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353 1 2074000), in the U.S. at 15851 Dallas Parkway, Suite 855, Addison, Texas 75001 (Tel: +1 972 701 9802), and in the U.K. at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (Tel: +44 (0) 1707 827000). www.trintech.com.

--30--BD/da*

CONTACT: Trintech FMS, Dallas Darrell Maronde, 972-739-1634 darrell.maronde@trintech.com or Trintech Group, Ireland Breda Leonard, +353 1 207 4164 breda.leonard@trintech.com

KEYWORD: VIRGINIA TEXAS IRELAND INTERNATIONAL EUROPE INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD APPAREL/TEXTILES RETAIL HARDWARE SOFTWARE PRODUCT MARKETING AGREEMENTS SOURCE: Trintech

Copyright Business Wire 2005