Chrysler Financial Selects Trintech's AssureNET GL to Automate and Control Key Accounting Activities and ReconNET for High Volume Transaction Reconciliations

DALLAS and DUBLIN, Ireland, Sept. 22 /PRNewswire-FirstCall/ -- Trintech Group Plc (Nasdaq: TTPA - News), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced that Chrysler Financial has selected AssureNET GL to automate the review, approval, and status tracking of account reconciliations and manage the accounting close process and ReconNET for high volume transaction matching.

Chrysler Financial headquarters in Farmington Hills, Mich., serves as the center of activity for operations in the U.S., Canada, Mexico, and Venezuela. It's through this hub that all aspects of the company's financing and insurance business are initiated. For more than 40 years, Chrysler Financial has provided a complete line of world-class automotive financial products and services to the dealers and consumers of Chrysler, Jeep® and Dodge vehicles.

"We've chosen AssureNET GL to replace a manual review of account files using spreadsheets, and through the self-documenting workflow and analysis tool, we'll manage our entire GL reconciliation process," said Mark Davis, Assistant Controller -- Chrysler Financial.

AssureNET GL standardizes account reconciliation processes across an organization, controls the entire close process, verifies work in remote locations, and increases workflow efficiency. ReconNET automates complex daily, monthly, and periodic processes, including daily verification of deposits, payments, and reporting functions, to help companies mitigate risks, reduce errors, and increase accounting controls.

"We're very pleased to be working with Chrysler Financial. We look forward to helping them centralize and standardize core financial processes, while increasing controls and compliance across their enterprise," said Kevin Connelly, Senior Vice President and Managing Director, Trintech Financial Services Group. "This is a strategic win for Trintech and confirms the rapid expansion of our financial governance solutions in major financial services organizations around the world."

About Chrysler Financial

Chrysler Financial offers automotive financial products and services to both dealers and consumers of Chrysler, Jeep® and Dodge vehicles in the U.S., Canada, Mexico and Venezuela. In addition it offers vehicle wholesale and retail financing to more than 3,600 Chrysler, Jeep and Dodge dealers. Currently, nearly three million drivers in the United States enjoy the benefits of financing with Chrysler Financial. Chrysler Financial has an employee base of 4,000 and supports a global portfolio of $70 billion. For more information, visit http://corp.chryslerfinancial.com.

About Trintech Group

Trintech Group Plc (NASDAQ: TTPA - News) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.

Over 600 leading global organizations realize the benefits of Trintech's configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer's Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.

Trintech's technology enables our customers to ensure their internal financial processes are optimized, improve performance through stronger management of revenue and cost cycles, ensure the accuracy and integrity of financial data, improve the quality and efficiency of the financial close process, as well as reduce the risk of material weaknesses and restatements.

For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at http://www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.

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