CASHNET® COMMERCE CENTER – PROVIDING SECURE, SYSTEM – WIDE CAMPUS COMMERCE SOLUTIONS

FOR IMMEDIATE RELEASE

INFORMED DECISIONS CORP.™ ANNOUNCES CASHNET™ COMMERCE CENTER, higher education’s first campus commerce solution architected for secure, system-wide commerce implementations.

EDUCAUSE 2002, ATLANTA, GA, October 1, 2002 – Informed Decisions Corp.™ (IDC) today announced availability of CASHNet Commerce Center, the industry’s first campus commerce solution architected for secure, system-wide commerce implementations. CASHNet Commerce Center is based on IDC’s flagship CASHNet Commerce Suite which provides both in-line and on-line payment processing solutions to universities and colleges. Both products provide campus business offices integrated commerce capabilities. CASHNet Commerce Center extends these capabilities to university systems wishing to implement centralized commerce services to their campuses.

“Our products are developed from the perspective of the professional university business officer and reflect the functionality and best practices we have observed and helped implement in over 14 years of working with some of America’s most innovative institutions,” said Dan Peterson, President of IDC. “CASHNet Commerce Center was developed to address the increasing cash management challenges university systems are facing today. The centralized approach of CASHNet Commerce Center provides tremendous financial advantages through economies of scale and other efficiencies while maintaining the autonomy of the satellite system campuses. Satellite business offices utilize the secure commerce services and are provided ‘state of the art’ reporting and analysis capabilities while maintaining complete control over their campus business processes,” Mr. Peterson stated. “The centralized approach provides secure, high volume, highly available transactional capabilities required by today’s 24x7 business office.”

Included in CASHNet Commerce Center are:

• Central CASHNet Database and Control Center
• Integrated Business Office Data Marts for real-time reporting
• Payment type components such as Credit Card, Campus 1-Card, and E-check
• Payment access components that include the web, touchtone, back office, and over the counter
• Interface components supporting products such as PeopleSoft, SCT, Oracle, and campus developed

The technology behind the system is Java-Based and database independent allowing ease of integration into multi-campus technology frameworks.

About CASHNet
CASHNet® is the safest and easiest way to manage and control commerce on your campus with any payment, anytime, anywhere. CASHNet offer institutions a fully-hosted cashiering, online payment, electronic billing, departmental storefront and installment payment plan solution. For more information about CASHNet, call 1-800-294-6800, or visit www.cashnet.com.

CASHNet®
1301 Marina Village Parkway
Suite 100
Alameda CA 94501
800-294-6800
www.cashnet.com

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