US Dataworks to Feature Cloud Delivery of Clearingworks at the TAWPI/IAPP/IARP Fusion 2011 Conference
US Dataworks will join two key customers to lead a session on "Cloud Computing and the Future of Payment Processing"
SUGAR LAND, Texas, May 5, 2011 /PRNewswire/ -- US Dataworks, Inc. (OTC Bulletin Board: UDWK), a leader in payment processing solutions, today announced that it will be exhibiting and speaking at the annual TAWPI/IAPP/IARP conference May 9 – May 11, 2011 in Orlando, Florida. US Dataworks will showcase the Cloud delivery model for Clearingworks, a modern, integrated enterprise-class payment processing solution. The Cloud delivery model brings the power of Clearingworks to customers at a fraction of the cost of traditional license software.
Mario Villarreal, US Dataworks President and COO, stated, "At a time when businesses are seeing rapid shifts in their payment processing, Clearingworks offers a simple way to save money while modernizing and consolidating all payment channels. The proof lies in our customers' experiences – two key customers will be joining US Dataworks in presenting an educational session on Tuesday, May 10." The session, titled Cloud Computing and the Future of Payment Processing, will explore key steps in making the cloud decision, best practices for implementation, and the long-term benefits of flexibility in payment types and ease of maintenance.
Anthony Basilio, Accounting Supervisor at the San Diego Union Tribune, who will be speaking with US Dataworks at the conference, stated, "After implementing Clearingworks more than two years ago, we have substantially decreased costs including equipment costs, time and staff required to process payments, as well as other banking fees. We are happy to share our experience with this new technology with Fusion attendees."
Session Details:
Cloud Computing and the Future of Payments Processing
Tuesday, May 10, 2:25 – 3:45 pm – Osceola Room 1
About US Dataworks
US Dataworks offers cloud computing on-demand payment processing services with proven enterprise-class payment, deposit, returns processing, and powerful payment analytic tools. US Dataworks is a trusted payments provider to utilities, telecommunications providers, content providers, financial institutions and government agencies.
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 expectations relative to our on-demand cloud computing platform. 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 repay or refinance our debt, our ability to realize the anticipated benefits from our business initiatives, and other risks detailed from time to time in our SEC reports including our Annual Report on Form 10-K/A(Amendment No. 2) for the fiscal year ended March 31, 2010 filed with the SEC on February 22, 2011 and our Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2010 filed with the SEC February 22, 2011. These forward-looking statements speak only as of the date hereof. US Dataworks disclaims any obligation to update these forward-looking statements.
Contacts: |
Leilani Doyle |
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Director, Product Management |
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US Dataworks, Inc. |
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281-504-8092 |
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SOURCE US Dataworks, Inc.
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