BAE Systems Shared Services Finance Selects Trintech's AssureNET GL to Improve Internal Controls


LONDON and DUBLIN, Ireland, August 5 /PRNewswire/ --

- Financial Shared Services Group for Leading Manufacturer of Advanced 
Defence and Aerospace Systems to Use AssureNET GL to Automate and Control Key 
Accounting Activities

Trintech Group Plc (Nasdaq: TTPA), a leading global provider of
integrated financial governance, transaction risk management, and compliance
solutions, today announced that BAE Systems Shared Services has selected
AssureNET GL to increase the timeliness and accuracy of their balance sheet
account reconciliations. AssureNET GL is an automated reconciliation software
system that performs this critical business function, while ensuring internal
controls and compliance.

BAE Systems, with operations across five continents and customers and
partners in more than 100 countries, develops, delivers, and supports
advanced defence and aerospace systems in the air, on land, and at sea.

"AssureNET GL will provide us with better visibility and control. We're
adopting what we believe is a best practice solution to strengthen our
control processes," said BAE Systems' Richard Rowe, Financial Controller,
Accounting Services. "Our future plans include the extension of the
application to underpin our Financial Controls Framework through AssureNET
GL's task management workflow."

AssureNET GL provides distinct workflow management for balance sheet
account reconcilers, reviewers, and approvers. Time-consuming tasks such as
the notification and tracking of accounts and deadlines are automated, and
AssureNET GL's risk management features enable detailed analysis, reporting,
and documentation of current and potential risk. Companies that migrate to
AssureNET GL from manual, spreadsheet-driven processes that rely heavily upon
paper and email have realized an increased confidence when certifying
financial results.

"This is a significant win for Trintech. We're delighted BAE Systems
Shared Services selected AssureNET GL to automate the preparation, tracking,
review, and assessment of account reconciliations," said Tony Bethell, VP
EMEA for Trintech. "They're taking an innovative approach to strengthening
controls while simplifying account reconciliation processes across their
enterprise."

About BAE Systems

BAE Systems is the premier global defence and aerospace company
delivering a full range of products and services for air, land and naval
forces, as well as advanced electronics, information technology solutions,
and customer support services. With 96,000 employees worldwide, BAE Systems'
sales exceeded GBP15 billion (US $27 billion) in 2006*.

* On a pro forma basis, assuming BAE Systems had owned Armor Holdings Inc
      for the whole of 2006.



About Trintech Group

Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of
integrated financial governance, transaction risk management, and compliance
solutions for commercial, financial, and healthcare markets worldwide.
Trintech's recognized expertise in reconciliation process management,
financial data aggregation, revenue and cost cycle management, financial
close, risk management, and compliance enables customers to gain greater
visibility and control of their critical financial processes leading to
better overall business performance.

Over 600 leading global organizations realize the benefits of Trintech's
configurable and highly scalable solutions everyday, including 7-Eleven,
Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer's
Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears,
UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.

Trintech's technology enables our customers to ensure their internal
financial processes are optimized, improve performance through stronger
management of revenue and cost cycles, ensure the accuracy and integrity of
financial data, improve the quality and efficiency of the financial close
process, as well as reduce the risk of material weaknesses and restatements.

For more information on how Trintech can help you increase confidence in
business performance and reduce financial risk, please contact us online at
http://www.trintech.com or at our principal business office in Addison,
Texas, or through an international office in Ireland, the United Kingdom, or
the Netherlands.

Trintech * 15851 Dallas Parkway, Suite 900 * Addison, TX 75001 *
    Tel +1-972-701-9802
    Trintech UK Ltd. * Warnford Court, 29 Throgmorton St. * London EC2N2AT,
    UK * Tel +44(0)20-7628-5235
    Trintech Technologies * Block C, Central Park * Leopardstown, Dublin 18,
    Ireland * Tel +353-1-293-9840
    Trintech * Cypresbaan 9 * 2908 LT Capelle a/d Ijssel, The Netherlands *
    Tel +31(0)10-8507-474

    Trintech Press Contact:
    Dallas: Donna Martinez, Marketing Communications Manager, Trintech
    Tel. +1-972-739-1611. email: donna.martinez@trintech.com

Available Topic Expert(s): For information on the listed expert(s), click
appropriate link.
Tony Bethell
http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70963

Web site: http://www.trintech.com

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