Community bank to install Integrated Image Teller, remote merchant capture and online banking

CEDAR PARK, Texas, July 8, 2008 – Integrated Bank Technology (IBT), a company that specializes in engineering robust software applications and provides 24/7 support services to community financial institutions, announced that Bank of Verden has chosen to install several modules of its proven flagship technology, Integrated Bank Environment (IBE).  Based in Verden, Okla., Bank of Verden will use IBT’s Integrated Image Teller, remote merchant capture and online banking products.

John Allen, president of Bank of Verden, said, “We looked at several vendors to help us provide new services for our customers.  IBT’s solutions were the simplest to use and most cost effective for providing services such as check imaging and online banking to our customers. Out of all of the systems we considered, IBT’s was the only one that integrated every application into one single Microsoft Windows-based screen.  When working with a customer, we no longer have to log in to different systems multiple times to look at online banking, check images, or  balances – its all in one place.”

The installation and support services will be provided through IBT’s affiliate, Integrated Outsourcing Solutions (IOS).  IOS hosts IBT software solutions to give banks the ability to use IBE in a hosted environment, eliminating equipment and associated costs for the bank. Bank of Verden will be able to substantially reduce hardware investments, achieve rapid deployment and provide solutions for their customers equal to or better than the competition.

“In today’s competitive industry, banks must continually optimize their business processes and through the use of innovative technology, they can grow faster organically and increase market share,” Mike Golebiowski, president of IBT, commented.  “The cost savings of these applications can easily reach thousands of dollars per month while dramatically improving the customer experience. We are pleased to work with both Bank of Verden and IOS to provide these  solutions to all of the bank’s customers.”

About Integrated Bank Technology
Cedar Park, Texas-based Integrated Bank Technology (IBT) provides software applications and support services to community financial institutions across the country.  The company’s flagship product, Integrated Bank Environment, is a robust software application that is designed to enhance a financial institution’s overall customer experience while making the cost of ownership affordable.

For more information, visit www.iBankTech.net.