transmodus Adds Multiple-Level RDC Split Pay Functionality

OXNARD, CA- September 21, 2010 - transmodus, a technology leader in network-enabled remote deposit and check management automation, today announced the addition of new functionality that enables multiple levels of payment splits during the remote deposit scanning process. This functionality is ideal for businesses that apply check payments to more than one person or ledger account.

A prime example of this would be for property management, where a check payment might apply to rent, utilities and more. Another would be in healthcare, where a single check from an insurer to a doctor's office may include payment for several people. Utilizing this function while scanning check payments combines the deposit and posting file creation into a single action, thereby eliminating double entry.

Watch this video showing this work-saving new feature in action.

"The more work-saving functionality that we can incorporate at the point of the deposit, the more value RDC delivers for our clients and partners. This split pay functionality takes what is normally a labor-intensive manual process and makes it faster and easier, and puts the data into a form that expedites payment posting," says Robert "Jay" McShirley, CEO of transmodus.

The service is available through a Web service for vertical software partners and directly to users of Heartland Express Funds through the transmodus powered scanning interface.

About transmodus

transmodus provides a network-enabled platform that delivers check and eCheck services automation. The company provides a complete processing platform solution for clients, check processors, collection agencies, district attorneys, and bank partners. transmodus launched the first On-demand check processing platform in 2002 and has positioned itself as a leader by listening carefully, thinking ahead, and moving forward with purpose.

For more information please visit http://transmodus.net.

Financial Institutions interested in more information should contact Richard McShirley at (805) 886-0687 or by email at fitools@transmodus.net.

Forward-looking Statements: This press release may contain statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.

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	Press Releases
	transmodus Adds Multiple-Level RDC Split Pay Functionality OXNARD, CA- September 21, 2010 - transmodus, a technology leader in network-enabled remote deposit and check management automation, today announced the addition of new functionality that enables multiple levels of payment splits during the remote deposit scanning process. This functionality is ideal for businesses that apply check payments to more than one person or ledger account. A prime example of this would be for property management, where a check payment might apply to rent, utilities and more. Another would be in healthcare, where a single check from an insurer to a doctor's office may include payment for several people. Utilizing this function while scanning check payments combines the deposit and posting file creation into a single action, thereby eliminating double entry. Watch this video showing this work-saving new feature in action. "The more work-saving functionality that we can incorporate at the point of the deposit, the more value RDC delivers for our clients and partners. This split pay functionality takes what is normally a labor-intensive manual process and makes it faster and easier, and puts the data into a form that expedites payment posting," says Robert "Jay" McShirley, CEO of transmodus. The service is available through a Web service for vertical software partners and directly to users of Heartland Express Funds through the transmodus powered scanning interface. About transmodus transmodus provides a network-enabled platform that delivers check and eCheck services automation. The company provides a complete processing platform solution for clients, check processors, collection agencies, district attorneys, and bank partners. transmodus launched the first On-demand check processing platform in 2002 and has positioned itself as a leader by listening carefully, thinking ahead, and moving forward with purpose. For more information please visit http://transmodus.net. Financial Institutions interested in more information should contact Richard McShirley at (805) 886-0687 or by email at fitools@transmodus.net. Forward-looking Statements: This press release may contain statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release. ###