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09.18.07Check 21 / PrioritiesPosted in Investor Relations at 4:21 pm by adol77dai51

QUESTION:

Most of what we’ve been hearing about lately is IFGX and ATMs. Little has been said about Check 21. Has there been a shift in priorities?

RESPONSE:

Our Advanced Electronic Funds Management Division is indeed still working on Check 21, and concidentally has a conference call scheduled for today with our preferred service provider. Other AEFM initiatives are also still moving forward. As you can imagine, every initiative moves forward at its own pace. There are a lot of steps required along the path to launching business initiatives in the Chinese marketplace. Chinese Government approval is required at several different stages, and business services have to be harmonized between Western World standard practice, and Chinese business conditions.

You can expect status reports to periodically concentrate on one project versus another, based on business milestones being achieved at different rates for different projects.