View printer-friendly versionBRENTWOOD, Tenn.--(BUSINESS WIRE)--Nov. 27, 2006--In a recent report by Boston-based analyst firm Celent, Goldleaf Financial Solutions, Inc.'s (NASDAQ:GFSI) remote deposit express (RDX) was cited for its excellence in the depth of client services. Goldleaf's RDX solution was specifically noted for its turn-key implementation, ASP delivery, fast time-to-market, as well as its low cost and low-risk market entry.
According to the report, analysts were impressed with the product's robust, interactive client-level decisioning engine, which allows precise, multi-variable control of item-level clearing and settlement. RDX also alerts users in real time if any parameters are violated and allows multiple capture locations to form a single bank deposit that can be reviewed and approved by a single individual.
"Remote deposit capture solutions are still relatively new to the community banking market," said Lynn Boggs, president of Goldleaf Financial Solutions, Inc. "But given Goldleaf's legacy in the ACH origination space, it was a natural evolution of the product line to offer a remote deposit solution. Part of the company's success can be attributed to focusing on community banks and our goal to be single source provider of innovative technology solutions that enable them to compete more effectively and improve operational efficiency. Remote deposit is an integral component of that mission, and we are thrilled to be recognized by Celent for our solution."
The Celent report also notes the server side of RDX as being sophisticated, yet straightforward for banks to operate using a Web interface. According to Celent, the client side, a Web client, is exceedingly simple. In addition, Celent reports that provisioning, entitlements, administration and reporting are "well-honed and highly usable."
About Goldleaf
Goldleaf Financial Solutions, Inc. (GFSI) offers a fully featured strategic product suite that provides core data processing, item processing and check imaging, ACH origination and processing, remote check capture and deposit processing, accounts receivable financing solutions, a teller automation system, turn-key leasing solutions, financial institution website design and hosting and retail inventory management services. Goldleaf believes its full suite of products and services will allow financial institutions and their small- to medium-sized business customers to better compete more effectively in today's aggressive financial services marketplace, grow their trusted financial relationships and provide increased profitability through the efficient use of technology and an expanded community presence. For more information about Goldleaf or its line of products for community financial institutions, please visit the company on the Web at www.goldleaf.com.
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Certain statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and include known and unknown risks, uncertainties and other factors, many of which the Company is unable to predict or control, that may cause the Company's actual results or performance to materially differ from any future results or performance expressed or implied by such forward-looking statements. These statements involve risks and uncertainties, including, without limitation, risks and uncertainties associated with the ability of the Company's suite of products and services to enhance the competitiveness of its clients. These and other risks and uncertainties the company faces are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company cautions investors that any forward-looking statements made by the Company are not necessarily indicative of future performance. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services.
CONTACT: Goldleaf Financial Solutions, Inc. Jennifer-Robyn Dunn, 407-481-0090 SOURCE: Goldleaf Financial Solutions, Inc.