Integrated Bank Technology and Bling Nation Improve Payments Network, Reduce Transaction Fees for Community Banks

Software Provider Teams with Local Payments Provider to Expand on Existing
Technological Synergy
CEDAR PARK, Texas--(Business Wire)--
Integrated Bank Technology (IBT), a company that specializes in engineering
applications for financial institutions for in-house and ASP environments, and
provides 24/7 support services, announced it has formed a strategic partnership
with Palo Alto, Calif.-based Bling Nation, a local payments network provider for
community banks.

As a result of the partnership, IBT has created an interface with Bling Nation`s
Community Payments Service, enabling joint customers to save money from the
elimination of transaction fees. Customers will also generate additional revenue
by claiming a larger share of transaction values while lowering costs for
merchants.

"We are very excited about this partnership, because it creates a unique
offering in the marketplace," Mike Golebiowski, president of IBT, explained.
"Community banks need to provide additional value in a new way. With the
integration of our application to Bling Nation`s Community Payments Service,
this value can truly be achieved. Bling Nation and IBT are focused on delivering
new innovations that provide exceptional service and support, the initiatives at
the forefront for community banks today."

Bling Nation`s core technology is an integrated issuing and acquiring processing
platform designed specifically for local and regional banks. Through its
Community Payments Service, Bling Nation enables financial institutions to
support secure contactless payments between their local demand deposit account
(DDA) customers and their merchant customers by bypassing the current global
debit payment model with a local payment network. The platform will interface
with IBT`s flagship product, Integrated Bank Environment, to debit customer
accounts.

"Our partnership with IBT furthers our goal of delivering cost-effective payment
solutions to community banks nationwide," said Wences Casares, co-CEO of Bling
Nation. "Bling Nation strongly believes in promoting shop local initiatives that
enable community banks and merchants to reduce costs and drive spending. Our
Community Payments Service also provides consumers a convenient and secure local
alternative to traditional debit card payments."

About Integrated Bank Technology

Cedar Park, Texas-based Integrated Bank Technology (IBT) provides software
applications and support services to community financial institutions across the
country. The company`s flagship product, Integrated Bank Environment, is a
robust software application that is designed to enhance a financial
institution`s overall customer experience while making the cost of ownership
affordable.

For more information, visit www.iBankTech.net.

About Bling Nation

Bling Nation provides a local payment network, which allows banks to convert
potential on-us debit transactions into actual on-us debit transactions by
offering consumers secure contactless payments at the point of sale. Bling
Nation`s proprietary technology enables transactions to be processed more
efficiently than a traditional credit or debit card network, delivering value
for the bank, merchants and consumers through its Community Payments Service.
For additional information, visit www.blingnation.com.

For Integrated Bank Technology
Media Contacts
Nneka Egwuatu, 678-781-7229
or
Catherine Laws, 678-781-7206
or
For Bling Nation
Media Contact
Joy Harper, 678-781-7208

Copyright Business Wire 2009