Integrated Banking Technology and SeerGate to introduce Secured Lockā„¢ System
02/15/2010

Bank core processing provider to offer SeerGateā€™s Secured Lockā„¢ Interbank Payment and Invoicing System

Online PR News – 15-February-2010 – – Cedar Park, TX and Atlanta, GA (February 15, 2010) ā€“ Integrated Banking Technology (IBT), a company that specializes in providing core processing, imaging software applications and a comprehensive integrated suite of products for financial institutions announced today that the company will deploy SeerGateā€™s Secured Lockā„¢ System, a secure and convenient system for interactive, real-time online banking transactions, to provide an interbank payment and invoicing solution for its growing portfolio of clients.

SeerGateā€™s Secured Lockā„¢ System allows financial institutions to create direct payment and invoicing connectivity among individuals and businesses performing electronic transactions. Secured Lockā„¢ is a single deployment platform providing financial institutions with a common user experience to offer complete payment and invoicing connectivity for social network communities, e-marketplaces, small businesses payments collection and direct billing functionality. Further, Secured Lockā„¢ facilitates financial transactions in real-time without any sensitive personal and financial information being exposed, exchanged or transmitted over the Internet. This capability is supported by a fully-integrated program of tracking, monitoring and rules-based transaction with a full invoice management system.

IBT will deploy Secured Lock ā„¢ to include in its portfolio of outsourced services it provides to over 200 financial institutions across the United States and Canada.

ā€œSeerGate creates a win-win situation for both financial institutions and their customers,ā€ said Mike Golebiowski, President of IBT. ā€œSeerGate will enable our financial institutions to expand and re-leverage their brands and customer relationships directly into the e-payment space, while recapturing revenue streams and customer loyalty lost to alternative payment methods. At the same time, individuals and small businesses completing payment transactions through financial institutions using Secured Lockā„¢ will benefit from a simple, safe and streamlined process that bypasses the current complexity and risk of existing payment systems.ā€

ā€œWe are proud to partner with Integrated Bank Technologies for the deployment of our Secured Lockā„¢ System,ā€ said Eldad Aharoni, co-founder and CEO of SeerGate. ā€œThe solid track record and regard of IBT across the financial institution core processing industry positions them uniquely to benefit from the value of our interbank payment and invoicing solution.ā€

About Integrated Bank Technology
Cedar Park, Texas-based Integrated Bank Technology (IBT) specializes in providing core processing and imaging and Check 21 software applications under a single data base for in-house and ASP environments for financial institutions across the country and provides 24/7 support services. The company focuses on innovation, showcased in Integrated Bank Environment (IBE), its flagship product. IBE is a robust software application with a single database that is designed to enhance a financial institutionā€™s overall customer experience while making the cost of ownership affordable.

About SeerGate Inc.
SeerGate develops and operates the Secured Lockā„¢ System, which securely and conveniently facilitates real-time payment transactions directly between bank accounts over any online environment. The Secured Lockā„¢ System enables financial institutions to strengthen customer loyalty, grow deposits and generate new fee revenue, while mitigating risks and reducing operational costs. The Secured Lockā„¢ System is a proprietary single deployment solution, which allows payment transactions to be completed without exposing the personal or financial information of either party using their trusted financial institution.

Founded in 2007, by Eldad Aharoni and Alicia Roisman Ismach, the company is headquartered in Atlanta and maintains an R&D center in Israel.

The Secured Lock e-Debit System and the Dual Token technology are property of SeerGate Ltd. All other names are properties of their respective owners.

For more information, please visit our web site at www.seergate.com.

Press Contacts

Jeff Hosterman
SeerGate, Inc.
+1 678 385 6840
jeff@seergate.com

Michelle M. Peltier
The JaDemier Group, Inc
+ 1 312 482 8271
jademiergroup@gmail.com

Dā€™Nae Creel
IBT Administrative Asst
Integrated Bank Technology
+1 512 616 1100 ext#109