OSM Selects Trintech for Account Reconciliation and Certification

By Prne, Gaea News Network
Sunday, October 25, 2009

DALLAS, DUBLIN and LONDON -

- AssureNET Express Software Module of Trintech’s Unity Platform Tracks, Prepares, Reviews and Assesses Account Reconciliation Processes

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

OSM is an independent marine-services provider founded in 1989. With a fleet of over 400 vessels and operating from 21 global offices, OSM offers high-quality offshore and ship management and consultancy services as well as navigation and engineering solutions and financial planning. They are based in Norway, with offices in Poland, Lithuania, Latvia, Croatia, Russia, Greece, Germany, Hong Kong, the Philippines, India, China, Singapore and USA. The company employs more than 7000 skilled employees worldwide.

Through a suite of software modules, Trintech’s Unity platform enables companies like OSM 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 AssureNET Express module is offered as a hosted solution via Trintech’s On-Demand business unit. AssureNET Express automates account certification, managing the review, approval and certification of all account reconciliations for a company’s accounting close process. AssureNET Express distributes and tracks progress on all tasks necessary for certification, automates reconciliation of GL accounts, enforces control structures, and facilitates creation of compliance documentation.

OSM 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, Dallas, +1-972-739-1611, dave.tomlinson at trintech.com

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