transmodus Achieves SAS 70 Type II Certification

OXNARD, CA - June 22, 2011 - transmodus, a leading provider of check and ACH payments automation, announced today that it has completed its SAS 70 (Statement on Auditing Standards No. 70: Service Organizations) Type II audit. The successful completion of our SAS 70 audit underscores the transmodus commitment to excellence and to providing the highest level of service.

The SAS 70 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). The SAS 70 type II audit is a rigorous process evaluating the following areas:

   - Control Operations
   - Application Change Control
   - Client Setup & Maintenance
   - Information Security
   - Payment Processing & Gateways
   - Data Communications

"The testing conducted during the audit process confirmed the sound control environment we have established at transmodus. This is a significant accomplishment and one that converts directly in benefiting our clients," said Jay McShirley, Chief Executive Officer of transmodus.

The Sarbanes-Oxley legislation has placed an increased focus on the internal controls of its valued business partners. The SAS 70 audit report is designed to provide clients with a certain level of assurance regarding the controls that are maintained by transmodus. The SAS 70 report addresses all five components of internal control outlined in the Sarbanes-Oxley legislation, namely the control environment, risk assessment, information/ monitoring activities and communication systems. transmodus received favorable opinions for all areas of the audit.

About transmodus

transmodus provides an on-demand solutions platform that delivers check and ACH services automation. The company provides a complete processing platform solution for clients, collection agencies, and bank partners. transmodus has positioned itself as a leader by listening carefully, thinking ahead, and moving forward with purpose to provide clients and processing partners with access to the best on-demand processing solutions.

For more information please visit http://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 Achieves SAS 70 Type II Certification OXNARD, CA - June 22, 2011 - transmodus, a leading provider of check and ACH payments automation, announced today that it has completed its SAS 70 (Statement on Auditing Standards No. 70: Service Organizations) Type II audit. The successful completion of our SAS 70 audit underscores the transmodus commitment to excellence and to providing the highest level of service. The SAS 70 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). The SAS 70 type II audit is a rigorous process evaluating the following areas: - Control Operations - Application Change Control - Client Setup & Maintenance - Information Security - Payment Processing & Gateways - Data Communications "The testing conducted during the audit process confirmed the sound control environment we have established at transmodus. This is a significant accomplishment and one that converts directly in benefiting our clients," said Jay McShirley, Chief Executive Officer of transmodus. The Sarbanes-Oxley legislation has placed an increased focus on the internal controls of its valued business partners. The SAS 70 audit report is designed to provide clients with a certain level of assurance regarding the controls that are maintained by transmodus. The SAS 70 report addresses all five components of internal control outlined in the Sarbanes-Oxley legislation, namely the control environment, risk assessment, information/ monitoring activities and communication systems. transmodus received favorable opinions for all areas of the audit. About transmodus transmodus provides an on-demand solutions platform that delivers check and ACH services automation. The company provides a complete processing platform solution for clients, collection agencies, and bank partners. transmodus has positioned itself as a leader by listening carefully, thinking ahead, and moving forward with purpose to provide clients and processing partners with access to the best on-demand processing solutions. For more information please visit http://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. ###