CheckAGAIN Technology Will Help County Recover Bad Check Revenue

Herndon, VA
July 8, 2003

CheckAGAIN has announced that Montgomery County, Maryland government agencies will begin using CheckAGAIN's technology to more effectively manage the recovery of returned checks. As a result, Montgomery County expects to reduce the amount of outstanding revenue it is owed. CheckAGAIN will begin implementing its check management services this month.

"Montgomery County has taken a proactive step to more effectively manage their returned check program," said Tim Robinson, president of CheckAGAIN. "CheckAGAIN has developed a customized solution that fits well with the county's business needs and will deliver results that exceed their expectations."

All branches of Montgomery County government that accept personal checks for payments will be using CheckAGAIN's services, including county-owned liquor stores, the Treasury Division, library services and parking services.

Beginning this month, Montgomery County will begin using CheckAGAIN's Electronic Re-presentment service (RCK) and Centralized Returns processing. CheckAGAIN's RCK service automates the process of recovering returned checks by converting returned paper checks into an electronic transaction, which means more checks are recovered in less time and at less cost. With RCK, Montgomery County hopes to recover 20-30% more checks than with other methods.

CheckAGAIN's Centralized Returns processing allows different agencies and offices within Montgomery County to consolidate their returned checks into one bank, even when using multiple depository banks. Centralized Returns will help the county detect bad checks quicker, increase the chances of successful recovery and reduce costly bank processing fees.

About Montgomery County, Maryland

With a population of nearly 875,000, Montgomery County, Maryland is part of the Greater Washington, DC area and part of the fifth largest metropolitan area in the nation. Montgomery County offers some of the best services in the nation and strives to deliver customer satisfaction; a high value for tax dollars; and the highest ethical standards.

About CheckAGAIN

Established in 1998, CheckAGAIN uses innovative technology to simplify and improve the recovery process on returned checks for merchants. The widely used system helps businesses nationwide increase their recovery on return checks, while lowering associated transaction fees. CheckAGAIN assists consumers by significantly reducing inconveniences normally associated with resolving misunderstandings due to returned checks. For additional information please visit www.checkagain.com or call 800/666-5222.