Klik Technologies Corp. Announces Acquisition of Cash Management Services (CMS)

Addition of Boston Based Company Strengthens Klik's Market Leadership Position
in Outsourced Receivables Solutions

VALLEY COTTAGE, N.Y., Nov. 2 /PRNewswire/ -- Klik Technologies Corp. today
finalized the acquisition of Cash Management Services (CMS) of Boston, MA, one
of the oldest and most trusted names in receivables processing in New England.

"Our CMS clients will enjoy the benefit of combined scale, complementary
product capabilities and industry expertise of these two companies," stated
Jonathan Gustave, Klik's CEO. "This transaction provides Klik with a Boston
presence and at the same time solidifies our Southeast operations by adding an
Atlanta facility to our now 9 site nationwide remittance processing network.
The two companies' mutual strengths in serving the receivables processing
needs of clients in the public sector, higher education, not-for-profit and
real estate industries can now be leveraged with Klik's existing complete
receivables payments processing product suite and leading platform
infrastructure."

Jeff Goff, President of CMS, said, "The outsourced receivables processing
market is increasingly competitive. This combination allows us to better serve
our clients with additional products, strong processing infrastructure and the
support team that Klik brings to the table. Klik has earned its leadership in
the remittance processing industry by automating many of the most complex
payment types and processing steps that even the largest lockbox processors
have struggled to solve.

"Because Klik's innovative and flexible lockbox platform design technology has
consistently created truly client-centric solutions, this proved to be an
ideal partnership. Their competitive creativity and unique platform keeps
costs low and quality high. This combination will generate increased value
for our customers."

Mr. Goff will join the Klik Technologies management team as Vice President,
New England Market.

About Klik Technologies
Klik Technologies(TM) Corp. (www.klik.com) Klik is a full-service outsource
payment processor. Klik's state-of-the-art proprietary platform software,
best-of-breed hardware and customized technology expedites payment processing
and delivers real-time information through an Internet portal. Klik services
are provided directly to end user clients or through contracted private label
bank relationships. Klik's product suite encompasses Retail Lockbox,
Whole-tail Lockbox, Wholesale Lockbox, ACH services, remote deposit
processing, on-line bill payment consolidation, electronic bill payment and
presentment and invoice print services. The company's accelerated receivables
framework assists clients in shortening their revenue recognition cycle.

Klik, Klik Technologies and the Klik logo are registered trademarks of Klik
Technologies Corp. All Klik product names and other brand names mentioned
herein are trademarks or registered trademarks of Klik Technologies Corp. All
other company and product names may be trademarks or service marks of their
respective owners.

SOURCE Klik Technologies Corp.

Thomas McGahan, Klik Technologies Corp., Vice President, Product Management,
tmcgahan@klik.com, +1-845-573-0900 x244