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NR Software Signs Partnership with Paymentech
January 28, 2002
Los Angeles, CA - January 28, 2002 - NR Software Systems, Inc., one of the world's leading providers of e-business solutions, today announced it has reached an agreement with Paymentech, the nation's premier electronic payment solutions provider, to offer payment processing and merchant services for NR Software Systems' award winning e-commerce software platform, merchantBuilder™.
merchantBuilder™ now includes support for Paymentech's Orbital™ Gateway and online application system, giving users direct access to the largest and most technologically modern payment processing network in the nation.
"Paymentech's Orbital Gateway will provide our customers with a simple, safe and secure method of accepting and processing digital payments," said Ram Ramachandran, NR Software Systems' CEO. "In one efficient consolidated package we have coupled what we feel is the strongest complete e-business solution around, the merchantBuilder™ platform along with nation's premier electronic payment processor. We felt it was important to provide our customers with a first-tier merchant services and payment processing solution that would strongly compliment the robust merchantBuilder™ platform."
NR Software Systems maintains a strong commitment to providing its client base with effective tools to both enter the digital marketplace and further grow established business models while leveraging the very best technology has to offer. The new alliance with Paymentech will allow NR Software's customers to engage in online transactions with confidence, knowing they have the highest quality solutions from two quality-driven corporations.
About NR Software Systems, Inc.
NR Software Systems, Inc. is one of the world's leading providers of e-business solutions offering solutions including web hosting, providing application service and custom application development serving a wide array of clients from individual consumers to Global 500 enterprises in over 50 countries worldwide. NR Software Systems offers turnkey services based on the merchantBuilder™ and myBusiness Intranet™ platforms as well as ground-up custom application design.
Headquartered in Los Angeles, CA, NR Software Systems functions as a global Internet communications and development company providing a comprehensive set of solutions designed to leverage the power of Internet technologies.
About Paymentech
Dallas-based Paymentech, the payment solutions company™, delivers secure and reliable payment service in merchant acquiring and point-of-sale transaction processing with a wide array of product functionality and support. Paymentech processed approximately 3.7 billion total transactions and $114 billion in bankcard sales volume in 2001. Founded in 1985, Paymentech is the nation's premier processor and acquirer of electronic transactions.
This press release contains forward-looking statements. Actual results may differ materially due to a number of risks, including: the technological and operational challenges of developing, deploying and delivering NR Software's services. NR Software does not assume any obligation to update the forward-looking information contained in this press release. All information set forth in this release is as of the date listed, and NR Software Systems, Inc. undertakes no duty to update this information.
The statements contained in this press release that are not purely historical, such as statements relating to the emergence of a market for hosted applications and the potential benefits of hosted applications, are forward looking statements within the meaning of section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the company's expectations, beliefs, hopes, intention or strategies regarding the future.
NR Software and NR Software Systems are trademarks of NR Software Systems, Inc., and may be registered in certain jurisdictions. All other trademarks mentioned in this document are the property of their respective owners.
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