Amplifon Selects Trintech for Account Reconciliation

By Prne, Gaea News Network
Sunday, November 1, 2009

DALLAS, DUBLIN and LONDON -

- ReconNET Software Module of Trintech’s Unity Platform Automates Daily, Monthly, Periodic Account Reconciliation

Trintech Group Plc (Nasdaq: TTPA), a leading provider of integrated financial governance, risk management and compliance software solutions, announced today that Amplifon has selected its ReconNET software for financial process compliance. ReconNET is a component of Trintech’s Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals.

Amplifon, listed on the STAR segment and the FTSE Italia Mid Cap Index of the Milan Stock Exchange, is worldwide leader in the distribution and fitting of hearing aids and related services. Through a network of over 3,000 points of sale and 3,500 service centres, Amplifon is active in Italy, the UK, France, Germany, the Netherlands, Switzerland, Spain, Portugal, Hungary, Egypt and North America (USA and Canada) and Belgium.

Through a suite of software modules, Trintech’s Unity platform enables companies like Amplifon to increase the accuracy and transparency of financial reporting, reduce operational costs, shorten cycle times and reduce the risk of material weaknesses and restatements.

Trintech’s ReconNET module, the world’s leading account reconciliation software solution for high-volume account matching, automates daily, monthly, and periodic reconciliation and balancing of financial accounts. With ReconNET’s customizable business rules and automated reconciliation, staff can process accounts and transactions quickly, accurately, and consistently in compliance.

Amplifon joins over 600 leading global organizations benefiting from Trintech’s configurable and highly scalable solutions.

About Trintech Group

Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, risk management, and compliance software solutions for commercial, financial, and healthcare markets. Trintech’s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.

For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.

Trintech - 15851 Dallas Parkway, Suite 900 - Addison, TX 75001 - Tel +1-972-701-9802 Trintech UK Ltd. - Warnford Court, 29 Throgmorton St. - London EC2N2AT, UK - Tel +44-(0)-20-7628-5235 Trintech Technologies - Block C, Central Park - Leopardstown, Dublin 18, Ireland - Tel +353-1-293-9840 Trintech - Cypresbaan 9 - 2908 LT Capelle a/d Ijssel, The Netherlands - Tel +31-(0)-10-8507-474 Trintech Press Contact: Dallas: Dave Tomlinson - Director, Marketing Tel. +1-972-739-1611. Email: dave.tomlinson@trintech.com

Source: Trintech Group Plc

Dave Tomlinson, Director, Marketing of Trintech Group Plc, +1-972-739-1611, dave.tomlinson at trintech.com

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