CASHNet® introduces integrated payment solutions for SunGard PowerCAMPUS®

Best-in-class hosted payment solution offers new level of efficiency and customer service to institutions using PowerCAMPUS Unified Digital Campus

Alameda, CA – June 1, 2009 — CASHNet, the leading provider of hosted payment solutions for higher education, today announced that its full suite of integrated payment processing solutions is now available to SunGard Higher Education’s PowerCAMPUS Unified Digital Campus customers.

Rob Smith, Director of Administrative Computing at Goucher College, has been overseeing the deployment of CASHNet’s integration with the PowerCAMPUS system at Goucher College. “I am amazed that two vendors could work together so well to make this happen,” said Smith. “CASHNet is a great company, and everyone that I have worked with is top-notch. I feel really comfortable about the direction we are headed.”

Universities face increasing mandates to reduce operational costs and financial risk while maintaining a high level of service to their students. But these goals are often at odds. For example, while many students like the convenience of paying tuition by credit card, processing credit card payments can cost universities millions of dollars in transaction fees. Additionally, storing credit card numbers on university computer networks poses security and financial risks.

CASHNet now helps enable universities using the PowerCAMPUS UDC to have one integrated campus-wide payment processing solution that lowers transaction costs and the financial risks associated with credit card fraud. The CASHNet solution provides:

• Seamless integration with the PowerCAMPUS UDC —implementation and maintenance issues are minimized because it is a fully hosted solution
• Full PCI-compliance—credit card information is safely stored on CASHNet servers, not the university network
• Elimination of credit card transaction costs—campuses can charge students convenience fees to use credit cards, while offering alternate payment options

CASHNet also offers a complete range of professional services to help design and deploy the right payment solution to support commerce across the entire campus.

“For over 20 years, CASHNet has delivered an ‘any payment, anytime, anywhere’ solution to campuses,” said Dan Peterson, CEO of CASHNet. “We’re excited to bring the benefits of CASHNet’s secure, easy-to-manage suite of payment products to institutions using SunGard’s PowerCAMPUS.”

A comprehensive hosted payment solution

CASHNet’s comprehensive, hosted payment solution includes a suite of products designed to maximize efficiency and improve customer service:

Student Billing and Payment Management

• eBill delivers statements online, sends email reminders and offers personalized account pages
• ePayment provides students with more options for making online payments anytime, anywhere
• MyPaymentPlan manages tuition payment assistance programs online
• SmartPay offers credit card payment options to students while reducing card processing fees
• eRefund gives students the option to receive refunds directly to their bank account or prepaid card

Campus Payment Management

• eMarket enables all departments to do business online while securing sensitive financial data
• Cashiering eliminates tedious manual processing though an online system accessible to all offices across campus
• Departmental Deposits automates the process of cross-departmental deposits

To learn more about CASHNet for PowerCAMPUS, please contact Brian Klem by phone at 800-294-6800 or by email at briank@cashnet.com. More information is available at http://www.cashnet.com.

About CASHNet:

CASHNet is the leading provider of hosted PCI-compliant payment solutions for higher education. For over 20 years, CASHNet has helped academic institutions streamline operations, reduce transaction costs, and improve service to students, parents, faculty and staff. CASHNet’s “any payment, anytime, anywhere” solution is deployed in hundreds of colleges and university campuses nationwide.

For any questions or concerns, please contact us at:

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

Trademark information: SunGard, the SunGard logo and PowerCAMPUS are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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