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Date: 10/15/02

Genpass, owner of the MoneyMaker network and the second largest ATM terminal driver in the United States, has licensed Paragon's WorkSmart ATM SuiteTM, a package of PC-based solutions designed to create, test and maintain Automated Teller Machine (ATM) interfaces. Genpass, with over 20,000 directly supported ATMs, will use the WorkSmart ATM Suite for designing and testing ATM configuration changes, as well as QA and regression testing.


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Bruce A. Hamm, Sr. Quality Assurance Analyst from Genpass Technologies says, "Paragon is the most responsive player in the EFT simulator market as their customer support has been outstanding. Because of their sensitivity to our needs, we have made steady progress toward fully functional use of Paragon's WorkSmart ATM Suite. I am very pleased with Paragon's products and would purchase them again given the opportunity."

Jim Bradley, Senior Software Engineer at Paragon, adds, "As one of the fastest growing EFT/ATM processors in the United States, Genpass is a prestigious addition to our customer base and we look forward to working with them. We also feel that with their over 20,000 directly supported ATMs, Genpass will benefit from significant time and cost savings by using the ATM simulation and testing capabilities of the WorkSmart ATM Suite."

Background

Genpass, Inc., with corporate headquarters in Fort Washington, Pennsylvania, is one of the largest ATM and POS service providers in the United States, driving ATMs in all 50 states on behalf of financial institutions, independent sales organizations, and retailers. Genpass processes over 300 million annual transactions and manages over 3.5 million cardholder accounts for more than 1,000 clients. For more information on Genpass, visit www.genpasseft.com.

Paragon Application Systems provides ATM and EFT software and services exclusively to the financial industry. With more than 90 financial institutions in 15 countries using over 350 products, Paragon is the leader in the design and implementation of ATM design and test tools as well as ISO 8583 testing and middleware solutions. Paragon is a Diebold Partner Information Xchange (PIX) member and an NCR Strategic Business Partner. For more information about Paragon, visit www.parappsys.com.

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