US Dataworks, Inc. Announces Addition of Chief Financial Officer

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Thu Jul 30, 2009 9:02am EDT

HOUSTON, July 30 /PRNewswire-FirstCall/ -- US Dataworks, Inc. (Amex: UDW), a
leading developer of payment processing solutions, announced today that it has
appointed Randall J. Frapart to serve as its Chief Financial Officer, filling
a previously existing vacancy.

Commenting on the addition of Mr. Frapart, Charles E. Ramey, the Company's
Chairman and CEO, stated, "Our CFO position is a critical function to fill as
we continue to grow the Company.  Randy has impressive credentials with his
strategic, forward thinking, hands-on approach and his 20-plus years of
experience in CFO roles at two software development and consulting companies
serving the financial and health insurance industries and at KPMG in Chicago. 
We are pleased to have someone as experienced as Randy join our management
team." 

Prior to joining the Company, from March 2008 to December 2008, Mr. Frapart
served as Chief Financial and Chief Operating Officer of Plumgood Food, LLC,
an online grocer providing the ordering and delivery of groceries. From
January 2006 to December 2007, Mr. Frapart served as Executive Vice President
and Chief Financial Officer of ForeFront Holdings Inc, a publicly traded
global golf accessory company. From September 2002 until December 2005, Mr.
Frapart served as Senior Vice President and Chief Financial Officer of
HyperFeed Technologies, Inc., a publicly traded provider of software, which
provides ticker plant and smart order routing technologies and managed
services to exchanges, hedge funds and other financial institutions. Mr.
Frapart served as Chief Financial Officer and later as Chief Executive Officer
of Cyvent Technologies, a software and consulting company serving large health
insurers, from April 1995 to July 2001. Mr. Frapart began his career at KPMG
in Chicago, where he held various positions in the Information, Communication
and Entertainment Assurance practice for over 12 years. Mr. Frapart received
his B.S. in Accounting from Washington University in St. Louis, has his MBA in
Management from the University of Texas and is a certified public accountant. 

About US Dataworks, Inc. 

US Dataworks is a developer of payment processing solutions, focused on the
Financial Services market, federal, state and local governments, billers and
retailers. Software developed by US Dataworks is designed to enable
organizations to transition from traditional paper-based payment and billing
processes to electronic solutions that automate end-to-end processes for
accepting and clearing checks.  Additional information about US Dataworks is
available at www.usdataworks.com.


Certain statements made in this press release (other than the historical
information contained herein) constitute "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995, as
amended, including, but not limited to, statements regarding our expectation
of continued growth, the benefits of our recent restructuring, the anticipated
features and benefits of our new distribution payment capture solution, our
vision for payment processing and our new solutions' ability to provide a
higher return on investment for our clients.  Any forward-looking statements
are subject to risks and uncertainties that may cause actual results to differ
materially, including, but not limited to, the failure of our new solution to
perform as anticipated, our ability to provide long-term customer value and
agility, our ability to protect our intellectual property, our position in the
marketplace, our ability to develop and timely introduce products that address
market demand, the impact of alternative technological advances and
competitive products, market fluctuations, our ability to avoid being delisted
from the NYSE Alternext US (formerly the American Stock Exchange), our ability
to repay, refinance or extend the maturity date of our debt, and other risks
detailed from time to time in the SEC reports of US Dataworks, including its
annual report on Form 10-K for the year ended March 31, 2009.  These
forward-looking statements speak only as of the date hereof. US Dataworks
disclaims any obligation to update these forward-looking statements.


    CONTACTS:

    Charles Ramey, CEO      Donald C. Weinberger
    US Dataworks, Inc.      Wolfe Axelrod Weinberger Assoc. LLC
    Tel. (281) 504-8100     Tel. (212) 370-4500 Fax (212) 370-4505





SOURCE  US Dataworks, Inc.

Charles Ramey, CEO of US Dataworks, Inc., +1-281-504-8100; or Donald C.
Weinberger of Wolfe Axelrod Weinberger Assoc. LLC, +1-212-370-4500, fax,
+1-212-370-4505, for US Dataworks, Inc.
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