Bluepoint Solutions Enhances Traditional Cash Logistics withImage-Based Processing to Create "Virtual Vaults"

Partnership with Garda Cash Logistics provides accelerated funds availability
SAN FRANCISCO--(Business Wire)--
Bluepoint Solutions, innovator in Check 21 capture, remote deposit capture (RDC)
and image-based item processing, announced during the Annual AFP Conference in
San Francisco the availability of image-based cash vault processing, including
image capture and image exchange of deposits and payments. Bluepoint`s
long-standing partnership with Garda Cash Logistics, America`s premium provider
and a subsidiary of Garda World Security Corporation, (TSX:GW) (Garda), one of
the most trusted cash logistics, physical security and global risk consulting
firms in the world, continues to provide advanced cash logistics services to
financial executives nationwide.

The enactment of the Check Clearing for the 21st Century Act, "Check 21,"
provided a significant opportunity to leverage remote image capture and image
exchange technology to accelerate the deposit capture process from receipt
through posting - all from one of the earliest points of presentment - the
vault. Following an extensive evaluation period, Garda partnered with
California-based Bluepoint Solutions to implement a full suite of electronic,
image-based vault solutions.

"With the advent of Check 21, we realized we could offer our clients a
cost-effective solution to help expand their footprints and reduce costs," said
Patricia Marr, Vice President of Product Management at Garda. "By expanding our
existing vault services to include image-based cash logistic services, our
clients can effectively capture and exchange images received through Garda`s
vault network, significantly accelerating deposit capture, posting and
presentment. Working with Bluepoint, vaults can now be accessed electronically."

Working with Bluepoint, Garda`s virtual vaults have the capability to
immediately scan, process and balance mixed deposits of both cash and check
documents. In addition to check processing, Bluepoint supports the image capture
of paper tickets used to issue credit for cash deposits or cash adjustments,
giving Garda the ability to provide direct billing data to banks. Garda`s
centralized deposit balancing process captures, truncates, balances and adjusts
check deposits for each of its customers. Check images are then formatted as
X9.37 files for posting or bank-to-bank image exchange. Managed in an ASP
environment, Bluepoint manages and corrects any exceptions to immediately adjust
and balance the received deposit. Within the vault checks are scanned and the
images are sent to Bluepoint`s centralized server where items are repaired if
needed and then immediately balanced. The consolidation of the check processing
in an ASP environment enables highly trained personnel to manage this
functionality - enabling the vaults to stay in balance.

"In today`s uncertain financial environment, a bank cannot afford to lose sight
of its core competencies - growing its deposit base and improving customer
service," said Hal Tilbury, president and CEO of Bluepoint Solutions. "Garda`s
image-based virtual vault solution enables financial institutions to increase
funds availability, expand geographically and more accurately manage deposits -
all without adding additional resources. Specifically, this service helps banks
attract and better serve commercial customers."

About Bluepoint Solutions

Vista, Calif.-based Bluepoint Solutions is a leading innovator in remote deposit
capture (RDC), image-based item processing, electronic document management and
receipt management. Adhering to strict best practice standards, Bluepoint
delivers proven technology solutions and consulting services designed to achieve
the strategic goals of increased employee productivity, reduced operating costs
and improved customer service. Bluepoint`s family of products and services offer
a complete, end-to-end, image-based item capture and payment processing
solution. For more information, visit www.bluepointsolutions.com.

Media Contact for Bluepoint Solutions
Anna Stanley, 251-990-3559

Copyright Business Wire 2009