Jenzabar Partners with CASHNet^®

Many Jenzabar Clients Using Online, Inline and Tailored Payment
Applications Integrated Within Their Jenzabar ERPs^®

Boston, MA – June 1, 2007 — Jenzabar, Inc., a leader in software and services solutions for higher education, today announced CASHNet as a new Solution Partner. CASHNet is the leader in “any payment, anytime, anywhere” solutions for the higher education industry.

CASHNet^® offers a suite of payment and self-service applications:
CASHNet^® eBill, ePayment, MyPaymentPlan, eRefund, eMarket and Cashiering. The CASHNet solutions are secure, Jenzabar-compatible solutions that schools can tailor to meet their customer service, security, and operating objectives. CASHNet solutions have already been integrated with Jenzabar enterprise software at more than a dozen higher education institutions, including Madonna University, College of the Ozarks, Grove City College, and John Marshall School of Law.

CASHNet has been the leader in business office payment automation for nearly two decades. The CASHNet applications integrated with Jenzabar’s administrative systems allow Jenzabar clients the option to incorporate full-function payment solutions within their business office. CASHNet’s self-service applications and secure, easy-to-deploy products are high-trust, disruption-free solutions that stabilize operating costs and eliminate the need for other hardware or software investments. The CASHNet SmartPay banking option offers institutions a strategy for controlling the cost of credit and debit card acceptance

“We are very excited to welcome CASHNet as a Solution Partner. Our clients report that the CASHNet solutions have been very effective for their institutions and they also report being very pleased with the integration of CASHNet into their Jenzabar systems by Jenzabar services staff,” said Robert Maginn, Jenzabar Chairman and CEO.

Alan Roberts, Director of Enterprise Services for Grove City College, reports, “This was one of the smoothest implementations that I have ever been involved in. Our students can now pay tuition, housing deposits, fines, etc., online 24/7. The Business Office doesn’t have to receipt the transactions nor take the money to the bank. This has most definitely been a win/win situation for both the college and our students.”

“Every administrative and IT professional today is looking to protect the privacy of their customers and the reputation of their institution without adding cost or technological disruption to their campus,” says Dan Peterson, President and CEO of CASHNet. “This partnership will make our integration with Jenzabar even easier and more cost effective than it is today.”

CASHNet is a 100 percent Web-based solution that can be deployed within Jenzabar ERP systems in as little as a few weeks, depending upon the applications selected. Due to its hosted Web architecture, there is minimal involvement by IT staff and little disruption to already busy IT project schedules. Jenzabar or CASHNet may be contacted for additional information about CASHNet solutions for Jenzabar.

About CASHNet

CASHNet^® is the recognized leader in hosted payment and self-service applications for higher education. Founded in 1984, CASHNet has provided state-of-the-art business office and online applications to over 120 U.S. campuses with populations ranging from 1,200 to more than 35,000. During the academic year 2006-2007, CASHNet users will process over $2 billion dollars through their secure CASHNet … any payment, anytime, anywhere solutions. For further information, please visit http://www.cashnet.com.

About Jenzabar, Inc.

Jenzabar, Inc. is a leading provider of enterprise software and services developed exclusively for higher education. With more than 35 years of combined experience offering technology solutions to colleges and universities, Jenzabar is the trusted partner of choice to more than 700 campuses worldwide, including private liberal arts, state, and community colleges and business, medical, law and other graduate schools. Jenzabar is headquartered in Boston, Massachusetts, with regional offices located across the United States. For further information, please visit http://www.jenzabar.net.

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