George Thomas Image Quotations

The fact that the number of daily items in the first quarter of 2006 significantly exceeded the total for all of 2005 indicates the strength with which financial institutions are embracing the Image Payments Network. We expect the current growth rates to continue and anticipate the total number of check images to surpass 60 million a month by the end of 2006.

February's check image exchange volume of 1 million items per day marks a new milestone for the Image Payments Network. We are extremely pleased with the progress our customers are making and expect this very positive growth trend to continue. At the current growth rate, the number of daily items in the first quarter of 2006 will exceed the total number for 2005.

Check image volume in the Image Payment Network is growing rapidly because participating financial institutions are quickly recognizing the system's enormous potential for cost reduction and improved efficiencies. In January, the Image Payments Network set two records for volume and one for total dollars, and we expect that growth rate to continue for the foreseeable future.