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OMAHA, NE, March 09, 2010 – Modern Banking Systems (MBS), a leading provider of in-house data processing solutions for community banks, and Management Communication Services, Inc. (MCSIT), authorized reseller of Financial Transmission Network, Inc. (FTNI), today announced their strategic partnership to deliver a full spectrum of payment solutions, utilizing FTNI’s single payment platform to financial institutions’ merchants through FTNI’s ETran platform. The partnership provides banks, financial institutions and credit unions the ability to offer a turn-key, single platform ePayment solution to merchants in a wide variety of vertical markets. Since the ETran solution is delivered as a Software as a Service (SaaS) deployment, it virtually eliminates the hardware and software costs associated with traditional solutions. FTNI has completed testing with MBS to provide integrated data to the MBS core banking solution.

"Our strategic partnership with MCSIT and FTNI enables us to extend our comprehensive solution offerings across branch, commercial remote deposit and even mass market remote deposit deployments,'' according to Robert Neville, President of Modern Banking Systems. Neville goes on to say "We believe FTNI’s single payment platform, offered as a SaaS, represents a compelling option for financial institutions. Consolidating all non-cash payments onto a single platform offers our banks’ merchants operational savings that can go straight to their bottom line. Together our companies have the breadth of offerings, depth of payments expertise and scale to provide turn-key solutions to MBS banks and their merchant customers. Increasing the efficiency of payments is one of the highest priorities for financial institutions today, and we are committed to continually improving this process.'' Integrating FTNI’s software offerings with MBS's core product suite ensures the delivery of highly reliable payment solutions that improve overall productivity, streamline operations and reduce payment processing costs for merchants.

FTNI’s ETran platform incorporates check scanning, ACH processing, credit card processing and ID verification on a single, SaaS managed platform to help clients reduce costs, accelerate timelines and improve transaction processing quality. In addition, the company’s software enables customers to setup recurring payments (ACH & credit card), message between users and provide custom integration into back offices systems.

"We have a strong commitment to offering the latest technology in the payments industry while also providing value to the merchants,'' said Kurt Matis, President of FTNI. "Our state-of-the-art platform combined with our implementation and support experience will provide easy integration for MBS clients, allowing them to enhance their customer relationships and improve efficiencies.”

About Modern Banking Systems:
Modern Banking Systems provides a comprehensive turnkey in-house core processing solution to hundreds of community banks across the country ranging in asset size of $5 million to $1 billion. The core accounting system is fully complemented with a complete set of capture solutions including low/medium/high speed item image capture; full document image systems; an extensive Management Reporting module to include interest rate risk assessments, liquidity, risk based capital, board reporting, and budgeting; platform automation; IT Security Services; and ongoing hardware and software maintenance services all from one source. Modern Banking Systems is your leading ONE COMPANY, ONE SOLUTION partner! For more information, visit http://www.modernbanking.com.

About Financial Transmission Network, Inc.:
FTNI’s thin client SaaS ePayment platform offers extensive configuration options that make it ideally suited to a wide variety of industry verticals. FTNI’s PCI compliant solution is uniquely designed to offer banks and merchants a solution that not only clears multiple payment types but also reflects that payment activity in the merchant’s A/R system. With over 150 years combined experience in deploying technology in the financial services industry, the FTNI team understands the need to build a solution that can securely address today’s payment options while standing ready to incorporate tomorrow’s advancements. Whether the payments are mailed in, walked in, phoned in, or entered via the internet, the FTNI solution can be easily deployed to streamline payment processing. For more information, visit http://www.ftni.com.

About Management Communication Services, Inc.:
MCSIT is a proven solution provider dedicated to bringing new technologies and solutions to the global market. Functioning as both a distributor and reseller, MCSIT has achieved success through the ability to represent, integrate and deliver best of breed solutions worldwide. MCSIT is based in Omaha, NE and currently has eight regional offices in the United States and resellers located internationally. For more information, visit http://www.mcsit.com.

MEDIA CONTACTS:

Lyle Knox
Financial Transmission Network, Inc.
.(JavaScript must be enabled to view this email address)
01 402 502 8777 ext. 107

Robert Neville
Modern Banking Systems
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01 402 592 5500

Gene Beckman
Management Communication Services, Inc.
.(JavaScript must be enabled to view this email address)
01 402 330 9600

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