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Audiotel Announces Purchases of Real-Time Product Line from CECORP


AudioTel Adds Valuable Solutions To Product Line

Dallas, Texas, December 16, 2004 - AudioTel Corporation, a leading provider of software for financial institutions, is pleased to announce the acquisition of a real-time product line from CECORP, a leading technology provider. After making the decision to sell, CECORP singled out AudioTel because of their excellent reputation, as well as their recent Five Star Award for service from Independent Bankers Association of Texas and Oklahoma. The Five Star Award is referred to as the "best of best" for exemplary business practices.

According to Scott Doores, President and CEO of AudioTel, this acquisition will enhance and strengthen AudioTel's position. The purchase includes both a real-time Voice Response (CEVOICE) and Internet Banking (CEBANK) system that are currently employed across the country in over 120 banks, ranging from the smallest community banks up to 4.1 billion in assets. Mr. Doores also added that the real-time interfaces and vendor relationships with leading core providers such as Fiserv, Kirchman, and Modern Banking Systems will prove invaluable to AudioTel.

About AudioTel
AudioTel Corporation specializes in software for financial institutions, offering a wide range of products and services to address the challenges facing financial institutions. AudioTel offers integrated solutions for item processing, imaging, remittance, and document management, as well as the optimum in Internet banking, Telephonebanking, and Web site design and hosting. AudioTel is based in Addison, Texas, just 20 miles north of downtown Dallas. Founded in 1993, AudioTel's customer base has grown to over 1,000 financial institutions across the United States. You can find more information about AudioTel by visiting their website at www.audiotel.com.
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