• Revenues of $7.9 million, Adjusted EBITDA Net Income of $1.4 million and Net Income of $910,000 for the Fourth Quarter 2010 from Continuing Operations.
• Revenues of $32.5 million, Adjusted EBITDA Net Income of $4.9 million and Net Income of $2.6 million for the Year Ended January 31, 2010 from Continuing Operations.
• Agreement to sell Healthcare Division for $34.5 million in cash.

Trintech Group Plc (NASDAQ: TTPA) today announced revenues of $7.9 million for the fourth quarter ended January 31, 2010, an adjusted EBITDA net income of $1.4 million and net income for the quarter of $910,000 from continuing operations. For the year ended January 31, 2010, the company recorded revenues of $32.5 million, an adjusted EBITDA net income of $4.9 million and net income of $2.6 million from continuing operations. It also announced that it has signed a definitive agreement for the sale of its healthcare division, Concuity, to The Advisory Board Company (NASDAQ: ABCO) for $34.5 million in cash. Under the terms of the agreement, The Advisory Board Company will pay Trintech $34.5 million cash for all of the outstanding shares of a newly formed Trintech subsidiary which, prior to closing, will hold the majority of the assets and liabilities of the Concuity business. The purchase price is subject to a working capital adjustment at the closing date and an escrow amount of $6 million to be set aside with $2 million being released after 9 months and the remainder no later than December 31, 2011, subject to the satisfaction of post-closing conditions. The sale has been approved by the Boards of Directors of both companies and is subject to customary closing conditions. Trintech expects the sale will be completed within one month.

Due to the sale of its healthcare division to The Advisory Board Company, Trintech is required to present its financial results on a continuing and discontinued basis. This requirement has resulted in the presentation of financial results showing fourth quarter and the full fiscal year for the continuing business (the Financial Governance, Risk and Compliance or GRC business).

William Blair & Company is acting as Trintech’s lead financial advisor in this transaction. Scheef & Stone is acting as Trintech’s legal counsel.

Highlights:

• Revenues from continuing operations amounted to $7.9 million for Q4 of the 2010 fiscal year which was unchanged compared to Q4 of the prior year.
• Revenues from continuing operations fell 5% for the 2010 fiscal year to $32.5 million compared to $34.3 million in the prior year.
• Trintech generated an adjusted EBITDA net income from continuing operations of $1.4 million for Q4 of the 2010 fiscal year compared to an adjusted EBITDA net income from continuing operations of $649,000 for the corresponding period in the prior year. Adjusted EBITDA basic and diluted net income from continuing operations per equivalent ADS was $0.08 for Q4 of the 2010 fiscal year compared to $0.04 for the same period in the prior year.
• Trintech generated an adjusted EBITDA net income from continuing operations of $4.9 million for the 2010 fiscal year compared to an adjusted EBITDA net income from continuing operations of $2.6 million in the prior year. Adjusted basic and diluted EBITDA net income from continuing operations per equivalent ADS was $0.30 for the 2010 fiscal year compared to $0.16 for the prior year.
• Trintech generated $2.6 million cash for the 2010 fiscal year and increased its cash balances to $20.1 million (including restricted cash of $170,000) at the end of the year. Cash generated was $1.2 million for Q4 of the 2010 fiscal year compared to $523,000 for the same period in the prior year.
• Gross margin from continuing operations amounted to $5.7 million in Q4 of the 2010 fiscal year, representing 73% of revenues, compared to $5.5 million and 70% in Q4 of the prior year.
• Gross margin from continuing operations amounted to $23.6 million in the 2010 fiscal year representing 73% of revenues, compared to $24.4 million and 71% in the prior year.
• Trintech increased expenditure in research and development from continuing operations by 8% from $1.0 million in Q4 of the 2009 fiscal year to $1.1 million in the same quarter in the 2010 fiscal year. Research and development expenditure from continuing operations was down by less than 1% in the 2010 fiscal year compared with the prior fiscal year.
• Trintech reduced expenditure in sales and marketing from continuing operations by 19% from $2.2 million in Q4 in the 2009 fiscal year to $1.8 million in the same quarter in the 2010 fiscal year. Sales and marketing expenditure from continuing operations decreased overall by 25% in the 2010 fiscal year from $10.7 million to $8.0 million in the prior fiscal year.
• General and administrative expenses from continuing operations decreased by 20% to $1.7 million in Q4 of the 2010 fiscal year compared to $2.1 million in Q4 of the 2009 fiscal year and by 13% in the 2010 fiscal year from $8.7 million to $7.5 million in the prior fiscal year.
• Net income from continuing operations increased to $910,000 in Q4 of the 2010 fiscal year from $267,000 in Q4 of the 2009 fiscal year. After incorporating a loss from discontinued operations of $126,000, the total net income for the quarter ended January 31, 2010 was $784,000 compared with a net loss of $334,000 for the same period in the prior year, after incorporating a loss from discontinued operations of $601,000 in Q4 of the prior year.
• Basic and diluted net income per equivalent ADS from continuing operations for the quarter ended January 31, 2010 was $0.06, compared with a basic and diluted net income per equivalent ADS of $0.02 for the quarter ended January 31, 2009.

Cyril McGuire, Chairman and Chief Executive Officer said “Our trading results in Q4 and fiscal year 2010 continued to perform strongly with adjusted EBITDA net income from continuing operations of $1.4 million for Q4 and $4.9 million for the fiscal year 2010 representing over 115% and 90% growth respectively. We also signed a definitive agreement for the sale of our healthcare division, Concuity, for a cash consideration of $34.5 million which will allow us to tighten our strategic focus and become a pure play in our core Financial GRC business globally.”

Mr. McGuire added “Operating performance metrics continued to improve with margin growth, profitability, operating costs, and cash generation exceeding our targets. Following the Concuity sale, we will have a strengthened balance sheet of over $50 million cash and will target growth in our core Financial GRC business. Our outlook for the fiscal year 2011 is for robust growth of 10% in revenues and continued earnings growth as the global economy recovers with encouraging signs of market confidence and stability building in the US and internationally in our target markets.”

Paul Byrne, President, added, “Trintech’s business continues to deliver strong adjusted EBITDA growth which has been driven by increasing operational efficiencies, and improved productivity and asset utilization, as our solutions continue to drive value for our clients. With the definitive agreement for the sale of the healthcare division, we expect to drive additional value for our clients through a singular focus on the Financial Governance, Risk and Compliance (GRC) market. Combining this focus with our already highly profitable operating model and a strong balance sheet, Trintech is positioned for sustained profitable growth.”

Recent Highlights include:

Trintech announced that RONA had selected its ReconNET software for financial process compliance. ReconNET is a component of Trintech’s Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals. RONA is the largest Canadian distributor and retailer of hardware, renovation and gardening products. RONA operates a network of close to 700 corporate, franchise and affiliate stores of various sizes and formats.

Trintech announced that PAC Worldwide had selected its AssureNET ASP software for financial process compliance. AssureNET ASP is a hosted component of Trintech’s Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals. PAC Worldwide Corporation has facilities in the U.S., Mexico and Malaysia. They have over 500 employees, thousands of customers and ship directly to dozens of countries around the world. The packaging that they manufacture reaches virtually all corners of the earth.

Trintech announced that Hyatt Hotels selected the hosted version of its Unity Compliance software for financial process compliance. Unity Compliance is a component of Trintech’s Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals.

Trintech announced that Amplifon selected its ReconNET software for financial process compliance. Amplifon, listed on the STAR segment and the FTSE Italia Mid Cap Index of the Milan Stock Exchange, is a worldwide leader in the distribution and fitting of hearing aids and related services.

Trintech announced that Komen for the Cure^® selected its ReconNET ASP software for financial process compliance. ReconNET ASP is a hosted component of Trintech’s Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals. Today, Komen for the Cure is the world’s largest grassroots network of breast cancer survivors and activists fighting to save lives, empower people, ensure quality care for all and energize science to find the cures.

Trintech announced that it had embedded the Fujitsu Interstage^® XWand^® XBRL processing engine into the Trintech Unity Xtensible Financial Reporting (XFR) software module, dramatically extending the ability of Trintech clients to create, manage and validate XBRL-compliant financial statements, including Edgar Filer Manual (EFM) validation. Fujitsu Interstage XWand software helps companies create, validate, report, collect, and analyze financial data in XBRL, a standard format for disclosing financial information.

Trintech announced that The Board of Directors and International Steering Committee of XBRL International approved the appointment of Chethan Gorur, Director of Interactive Data Services at Trintech, as Chairman Designate of the XBRL International Standards Board (XSB) effective immediately. It is anticipated that he will fully assume the role of Chairman at the end of March 2010.

Trintech and KPMG, the global network of professional service firms providing audit, tax and advisory services, jointly presented a webinar on XBRL compliance entitled “Your 2010 XBRL Compliance Roadmap”. Topics included concepts such as XBRL extensions, how to evaluate XBRL software vendors, and how to leverage the phases of the SEC mandate.

Trintech presented a webinar entitled Global XBRL Compliance: The “Built-In” Approach To Drive Benefits. This webinar was aimed at helping attendees to anticipate and understand the common mistakes made by filers in their first year of compliance and to learn how to embed XBRL into their overall financial close and reporting processes using a built-in approach that offers dramatic efficiencies over the other methods available.

Trintech announced that it has signed a partnership agreement with Safeplay, a Swedish consulting partnership specializing in finance and business process management solutions for the banking, insurance, energy, telecommunications, shipping, and manufacturing industries to sell our Financial GRC solutions.

Results Overview:

Revenues from continuing operations for the year ended January 31, 2010 were $32.5 million compared to $34.3 million for the year ended January 31, 2009, a decrease of 5%. Revenues from continuing operations for the fourth quarter ended January 31, 2010 remained unchanged compared to the revenues from continuing operations for the corresponding quarter in the prior year at $7.9 million.

Software license revenues from continuing operations for the year ended January 31, 2010 were $20.1 million compared to $19.6 million for the year ended January 31, 2009, an increase of 3%. The increase was primarily due to stronger GRC license sales in the US and some international markets. Continued economic uncertainty in some European markets is negatively impacting our normal sale cycles, with customers becoming more cautious, procurement processes lengthening and general uncertainty creating significant challenges to close new business. Maintenance revenues from continuing operations continued to be strong from existing customers in the US.

Service revenues from continuing operations for the year ended January 31, 2010 were $12.3 million compared to $14.7 million for the year ended January 31, 2009, a decrease of 16%. The decrease was primarily due to a fall in professional service revenues from our GRC business in the US and European markets and a higher professional service revenue backlog available in the prior year.

Total gross margin from continuing operations for the year ended January 31, 2010 was $23.6 million, a decrease of 3% from $24.4 million for the year ended January 31, 2009. The overall gross margin percentage from continuing operations increased by 2% in the 2010 fiscal year to 73% from 71% in the 2009 fiscal year. Total gross margin from continuing operations for the fourth quarter ended January 31, 2010 was $5.7 million, an increase of 4% from $5.5 million in the corresponding quarter in the prior year. Gross margin percentage from continuing operations increased to 73% in Q4 of the 2010 fiscal year compared to 70% in the same period of the prior year. The increase in margin and margin percentage in Q4 and for the 2010 fiscal year was due to higher license revenues and a lower percentage of lower margin service revenues compared to the prior year periods.

Total operating expenses from continuing operations for the year ended January 31, 2010 were $21.2 million, a decrease of 15% from $25.1 million in the previous year. Total operating expenses from continuing operations for the fourth quarter ended January 31, 2010 were $4.7 million, a decrease of 16% from $5.6 million in the corresponding quarter in the prior year. The decrease in costs was primarily due to headcount reductions and lower salary costs. There has also been a reduction in discretionary expenditure in all areas of Trintech over the last year due to the general economic environment.

Adjusted EBITDA operating expenses from continuing operations for the year ended January 31, 2010 were $19.3 million, a decrease of 15% from $22.7 million in the previous year. Adjusted EBITDA operating expenses from continuing operations for the quarter ended January 31, 2010 were $4.4 million, a decrease of 14% compared to $5.1 million for the corresponding period in the prior year.

The provision for income taxes from continuing operations was $138,000 and $45,000 for the year and quarter ended January 31, 2010 respectively compared to a credit of $356,000 and a credit of $243,000 for the year and quarter ended January 31, 2009. The tax credits in the year and quarter ended January 31, 2009 were primarily due to a deferred tax credit in the US resulting from the finalization of the purchase accounting related to the acquisition of the Movaris business.

Trintech’s balance sheet remains strong with cash balances of $20.1 million (including restricted cash of $170,000) as of January 31, 2010. The cash flow statement has been prepared on a combined continuing and discontinued basis. Net cash generated for the three months ended January 31, 2010 was $1.2 million, which included cash generated from operations of $1.5 million, cash payments on the purchase of property and equipment of $53,000 and the effect of exchange rate differences on cash and cash equivalents of $88,000 negative.

Trintech will host a conference call to discuss its financial results, its business outlook and the proposed sale of its healthcare division beginning at 13:30hrs (UK Time), Wednesday, March 3. Please see advisory for information on the call.

“A web simulcast of Trintech’s conference call reviewing our performance for Q4 and the full fiscal year 2010, our business outlook for Q1 fiscal year 2011 and our proposed sale of its healthcare division will be broadcast live, Wednesday, March 3 2010 at 13:30 hrs (UK Time), 08:30 hrs (NY Time) and 05:30 hrs (CA Time) and thereafter for 1 year at www.trintech.com/investor. An instant telephone replay will also be available for 10 days by dialing +44 1452 55 00 00 and entering the following access number (57225731 #).”

Please click here to read the full version of this release.

About Trintech Group

Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, risk management, and compliance software solutions for commercial, financial, and healthcare markets. 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.

For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at 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.

Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474

Forward Looking Statements

This news release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any “forward looking statements” in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. “Forward looking statements” in this press release include statements, among others, relating to Trintech’s growth strategy, including a singular focus on the Governance, Risk and Compliance market, the timing of the closing of the sale of Trintech’s healthcare division, Concuity, the benefits to be derived therefrom, revenue growth of 10% and continued earnings growth in Trintech’s fiscal year 2011, and economic recovery in the markets that Trintech serves. Factors that could cause or contribute to such differences include Trintech’s ability to close the sale of the Concuity business, accurately predict future sales and market trends, accurately predict and meet customer needs and to successfully position itself in the market, ensure the performance of its products and services, and improve the performance of its organization and ensure the long term health of its business. Actual performance may also be affected by other factors more fully discussed in Trintech’s Form 20-F for the fiscal year ended January 31, 2009 filed with the US Securities and Exchange Commission (www.sec.gov) and subsequent filings with the US Securities and Exchange Commission. Lastly, Trintech assumes no obligation to update these forward-looking statements.

Press Contact:

Paul Byrne, President
Joseph Seery, VP Finance, Group

Trintech Group plc
+353 1 293 9840
paul.byrne
joseph.seery

Over the next year, Concuity will be providing Revenue Recovery Services designed to deliver immediate improvement in its customers’ bottom line performance by analyzing contracts as well as accounts to locate underpayments, trends and solutions. Concuity will be performing all necessary follow-up actions with the payers until the contractual payment is received. Leveraging Concuity’s proprietary underlying technology, ClearContracts™, it is confident that it will be able to achieve immediate results for the healthcare provider. 

Paul Byrne, President of Trintech and its Healthcare Business Group commented “Concuity is pleased that it has won its third new customer relationship in Texas and continues to expand its growing presence in one of the largest and most complex healthcare markets in the US. Additionally, this new customer win helps to continue to place Concuity as the vendor of choice for not only software based Revenue Management solutions but services as well.” 

About Concuity

Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers’ bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts^TM, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance.Concuity’s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 866.342.4636 or visit www.concuity.com.

Press Contacts:

Vernon Hills, Illinois | Dublin, Ireland - November 16, 2009

Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of Revenue Cycle Management technology and services, announced the new release of ClearContracts^TM 9.0. Used by the largest and most sophisticated hospital systems in the U.S., ClearContracts is a web-based suite of software that enables healthcare providers to meet all of their managed care and revenue recovery goals.

Concuity’s ClearContracts version 9.0 introduces a new level of sophistication and functionality in Payer Compliance and Revenue Management solutions. This new release offers customers a more immediate ROI with significant enhancements to revenue recovery management and expected reimbursement calculations. With version 9.0, clients can choose between more options to optimize the percentage payment on all contracted rate schedules. The system also introduces enhancements that streamline the ability to classify, manage, and distribute accounts for collection across any healthcare organization. Additionally, users can now expedite their month-end close with enhanced financial processing capabilities, including accrual calculations and support for Medicare Cost Reporting. ClearContracts 9.0 includes extensive user security features that support Concuity clients’ desire to control and monitor user access to many functions including Documentation & Compliance, Calculation Engine Rate Schedules, Reports, and Accounts.

“We have a consistent track record of delivering the most robust revenue cycle management technology in our industry and want our clients to be able to take advantage of our deep industry experience,” said Paul Byrne, President of Concuity. “ClearContracts 9.0 provides a dramatic increase in functionality, enabling healthcare providers to grow their bottom line, facilitate the month-end closing process, and address the growing trend of estimating patient liability.”

About Concuity

Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance.

Concuity’s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 866.342.4636 or visit www.concuity.com.

About Trintech Group

Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, risk management, and compliance software solutions for commercial, financial, and healthcare markets. 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.

For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at 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.

Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • 44 (0) 20 7628 5235
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel 353 1 293 9840

Concuity Press Contact:

Vernon Hills, IL: David Rodriguez, Director of Product Marketing and Sales
Tel. +1 847 941 9230. email: drodriguez

Vernon Hills, IL June 8, 2009  – Concuity, A Healthcare Division of Trintech, Inc. (NASDAQ: TTPA) announced today that Providence Health & Services signed an agreement to expand the breadth of services provided to the multi-hospital system. Providence Health & Services has, based on the success achieved to date, extended its agreement to include the addition of four more facilities using the ClearContracts software-as-a-service revenue management solution from Concuity.

The expanded agreement includes an extension of Concuity’s ClearContracts solutions to the 16 hospitals located in the Washington, Alaska, Montana and California regions of Providence Health & Services. Providence uses ClearContracts for all contract management functions including accounts receivables management, account recovery, management reporting and managed care contract negotiations.

The success of Providence will be honored by Concuity at the annual HFMA show, ANI, in Seattle on Monday, June 15, 2009.

Providence Health & Services is a not-for-profit health system committed to providing a comprehensive array of services to meet the needs of communities across five states, including Alaska, Washington, Montana, Oregon and California.  Providence continues the legacy of the Sisters of Providence and the Sisters of the Little Company of Mary in the West spanning more than 150 years.

“The expansion of our relationship with Concuity is a reflection of working with a company that understands our needs, as well as the hospital managed care and business office functions.  They have proven time and again that they can deliver significant financial improvement within our organization. Since implementing ClearContracts into our organization we have increased collections by over $35 million in the course of 5½ years, while improving our contracting capabilities significantly” stated Matt Blackmore, Manager of Contract Compliance for the Washington/Montana Region of Providence Health & Services. 

Paul Byrne, Concuity’s President, stated, “Our relationship with Providence has been very successful in helping improve their financial performance, so they can continue to focus on delivering quality patient care without worrying about being paid correctly for the services they provide to their patients.  We also appreciate their support, particularly as an early adopter of our solution, and we look forward to working together with Providence Health & Services for many years as we expand the breadth of our product in the marketplace.”

About Concuity

Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts^TM, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance.Concuity’s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 866.342.4636 or visit www.concuity.com. 

About Providence Health & Services

Providence Health & Services is a not-for-profit organization, sponsored by the Sisters of Providence religious community, made up of 27 hospitals, more than 35 non-acute facilities, physician clinics, a health plan, a liberal arts university, and numerous other health, housing and education services in Alaska, Washington, Montana, Oregon and California. The corporate headquarters is in Renton, Wash. Trintech Press Contact:

Dallas: Dave Tomlinson, Director of Marketing, Trintech
Tel. +1 972 739 1611. email:dave.tomlinson

Chicago: David Rodriguez, Director of Product Marketing & Sales, Concuity
Tel. +1 847 941 9230. email:drodriguez

Valley Baptist Health System is one of the largest not-for-profit health systems in South Texas with more than 800 beds. The healthcare system delivers premium and award-winning healthcare services through its two hospitals, Valley Baptist Medical Center-Harlingen and Valley Baptist Medical Center-Brownsville.

“With ClearContracts, we’ll be able to equip staff hospital-wide with specific tasks that will help speed turnaround time, reduce billing errors, and increase productivity,” said Sherry Griffin, Vice President Managed Care for Valley Baptist. “Through organized workflow we’ll achieve maximum performance and have the ability to provide complete documentation of work to enhance revenue integrity.”

“ClearContracts is a proven system that optimizes the revenue management cycle,” said Ed Gallo, EVP for Concuity. “We’re delighted to have Valley Baptist select ClearContracts for its unmatched capabilities to efficiently manage the complexity of claims, contracts, and revenue collection.”

About Valley Baptist Health System

Valley Baptist Health System is a community health service providing spiritually-based health, education and charitable programs in accordance with the teachings and healing ministry of Jesus Christ.

Valley Baptist extends many of its services beyond its facilities and into local communities, offering services and expertise to area businesses and other organizations through its Value Partners and other programs including free screenings for the community, support groups and numerous educational opportunities. For more information, visit www.ValleyBaptist.net.

About Concuity

Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts^TM, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance.

Concuity’s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 847-465-6003 or visit www.concuity.com.

About Trintech Group

Trintech Group Plc (NASDAQ: TTPA) 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 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.

Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474

Trintech Press Contact:

Dallas: Dave Tomlinson, Marketing Communications Manager, Trintech
Tel. +1 972 739 1611. email:dave.tomlinson

Vernon Hills, Illinois/Dublin, Ireland - 24 June 2008 - Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology (”Peer Reviewed” by HFMA) and services, today announced the availability of PriceAdvisorTM, a web-based solution that will enable hospitals to accurately produce patient estimates by utilizing payer contracts, actual claim data, and patient benefit information.

There is a push toward increased healthcare quality and pricing transparency in the marketplace, largely driven by the growth in consumer-directed health plans, and as a consequence, hospitals are beginning to realize the importance of providing their patients with estimates for out-of-pocket costs, which is also an approach favored by HFMA. The problem is that it’s often difficult for hospitals to provide meaningful and comparable pricing information. This is where PriceAdvisor can help our clients. PriceAdvisor can provide patient-specific costs - claim estimates based not on just historical patient payments, but on current contract and claim data. PriceAdvisor helps patients learn more about their financial responsibility before receiving treatment, and it gives hospitals the ability to more accurately project their revenue.

“PriceAdvisor goes beyond current patient estimators available today. It provides consumers with upfront estimates of their healthcare costs based on actual contract obligations between providers and payers,” said Ed Gallo, EVP for Concuity. “PriceAdvisor takes front-end information from patient registration and creates a predictive claim prior to admission. The claim is then adjudicated against contractual obligations with insurance companies. What is then presented to the patient is a true, easy to understand estimate of their financial responsibility for a planned healthcare visit. Ultimately, PriceAdvisor improves the quality of a patient’s experience. Additionally, the solution creates visibility into hospital revenue much earlier in the revenue cycle - while increasing efficiencies, accelerating payments, and enhancing workflow.”

About Concuity

Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions on a SAAS platform, including ClearContractsTM, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance.

Concuity’s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 847-465-6003 or visit www.concuity.com.

About Trintech Group

Trintech Group Plc (NASDAQ: TTPA) 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 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.

Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474

Trintech Press Contact

Dallas: Donna Martinez, Marketing Communications Manager, Trintech
Tel. +1 972 739 1611. email:donna.martinez