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AudioTel Enables Bank To Successfully Transmit First-Ever, Imaged Cash Letter From Oklahoma


Using AudioTel's Genesys System, Payne County Bank is First in Oklahoma to Implement Electronic Deposit with FedForward

Perkins, Oklahoma, May 18, 2005 -- On Monday, May 16, Payne County Bank went "live" with AudioTel's Genesys Imaging Suite and made history as the first bank in Oklahoma to transmit an imaged Cash Letter deposit to the Federal Reserve Bank.

AudioTel's Genesys Imaging Suite represents an all-inclusive check processing, imaging, and archiving solution. Their advanced technology allows AudioTel's customers to take advantage of the new services afforded by Check 21. According to the Federal Reserve, their FedForward services allow banks to clear dollars faster, reduce transportation costs, streamline their operations, and extend their deadlines. "This is what AudioTel is all about," stated Scott Doores, President and CEO of AudioTel. "Everything we do," he continued, "is aimed at helping our customers gain and keep a competitive advantage. AudioTel's check imaging solutions are now transmitting daily electronic cash letters to the Federal Reserve Banks and this is very good news for all our customers."

About AudioTel
Named a Five Star Award winner (2004) by Independent Bankers Association of Texas, AudioTel has proven that not only do they provide excellent service but also innovative solutions that help their customers grow their business faster, enhance their profits, and gain efficiency. Founded in 1993, AudioTel specializes in software for financial institutions, offering integrated solutions for proof of deposit, check imaging, document imaging, remittance, and microfilm replacement, as well as Internet Banking, Telephone banking, and Web site design and hosting. Based in Addison, Texas, just 20 miles north of downtown Dallas, AudioTel supports over 1,000 banks across the United States. For more information, visit www.audiotel.com.

About Payne County Bank
Payne County Bank is proud to be 100% employee owned. For over 100 years, PCB has served the Perkins, Oklahoma area with solid banking leadership and devotion to the success of our community. PCB is excited about the future of the Perkins area. As an active partner in the various civic and service organizations in our area, we are helping shape our economic and social future. Our status as a locally owned, independent bank allows us to make decisions that are good for the community we serve, not some remote money center location. We intend to maintain our role as a positive and proactive economic force in our area. For more information, visit www.paynecountybank.com. "FedForward" is either a registered or unregistered trademark or service mark of the Federal Reserve Banks.
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