FEDChex Releases Version 7 (V7) of iDeposit with Full Integration Of Silver Bullet's Ranger® API

Irvine, California - August 4, 2009 - FEDChex, an innovative company in the payment processing industry, announced today the release of iDeposit V7. This remote deposit/capture software gives merchants with a single unified interface for the deposit of check and cash items across a client's enterprise.

iDeposit was originally developed by FEDChex to be included with its oneDEPOSIT™ virtual vault solution. Due to client demand, iDeposit has been enhanced so that it can be supported and operated by clients within their own remote locations. The V7 release allows for easier remote support while extending the number of devices supported.

With the release of V7, FEDChex has incorporated Silver Bullet's Ranger API, extending the full functionality of iDeposit across the spectrum of item-processing scanners supported by Ranger. Now iDeposit supports scanners manufactured by Addmaster, BanTec, Canon, CTS, Digital Check, Epson, Kodak, MagTek, Macerick, NCR, Panini, Pertech, REM, Seac Banche and Unisys.

"At FEDChex, we are constantly asking ourselves, 'How can we make things easier and cheaper for our clients?'" said Jeff Gordy, VP of Technology for FEDChex. "The release of iDeposit V7 is an answer to that question. We've made it easier for our clients to remotely deploy our solutions, and we've made it cheaper by supporting their legacy hardware systems."

Leveraging the combination of in-depth industry knowledge, state-of-the-art technology and extensive business process expertise, FEDChex has developed a robust suite of Check 21 solutions to address contemporary challenges that face merchants and financial institutions in the industry today.

About Silver Bullet Technology, Inc.
Pensacola, FL-based Silver Bullet Technology, Inc. is the industry's foremost check scanner software developer, offering a comprehensive suite of Check 21 solutions and software tools. Silver Bullet has considerable experience working directly with financial institutions, scanner manufacturers and software vendors. Silver Bullet software tools offer support for scanner independence, the remote monitoring of scanner hardware health, and ensuring data quality at the point of capture. For more information, visit www.sbullet.com.

About FEDChex LLC.
FEDChex offers a comprehensive suite of solutions for Treasury Management, Risk Mitigation, Depository Services and Loss Prevention & Recovery for Fortune 500 companies and small businesses alike. Utilizing state-of-the-art technology, their solutions expedite the entire payment lifecycle for companies nationwide.

FEDChex is an associate member of the National Automated Clearing House Association, the Electronic Check Council, Western Payments Alliance, Association for Financial Professionals and is a member in good standing with the Better Business Bureau in states across the U.S. For more information, contact Bryan Dube at 800.992.6713 or visit www.fedchex.com.

Ranger is a registered trademark of Silver Bullet Technology, Inc. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.