Regulus Opens Major New Remittance Processing Operation in
Atlanta
New Facility to Provide Advanced Technology and Services
for Growing Clients With Customer Bases Across the Eastern and Southeastern
U.S.
NAPA, CA -- (MARKET WIRE) -- September 12, 2006 -- Regulus, the
nation's largest independent provider of bill presentment and payment processing
solutions, announced today the opening of a new remittance processing facility
in Atlanta, Georgia. This premier site will serve Regulus' regional and
multi-national clients with customers located throughout the Eastern and
Southeastern United States.
The new 36,000-square-foot facility is
strategically located near a major U.S. Postal Service hub as well as the
Atlanta airport. Known in the industry as one of the fastest mail collections
and clearing points in the country, Atlanta offers immediate value to current
and future clients seeking coverage in this heavily populated region. Among
Regulus' customers in the region are industry bellwethers in the telecom,
healthcare, utility, and financial sectors. The close proximity to the USPS
postal hub means that payments are received, processed and deposited faster and
more efficiently. The new high-volume facility also has the potential to double
in capacity in coming years as the demand from Regulus' customers continues to
grow.
"The Southeast region is an important and thriving market for us,
with some of our largest customers located near our new Atlanta facility," said
Kathy Hamburger, President and COO of Regulus. "We made the commitment to
Atlanta in response to the needs of our clients. This strategic move stays true
to our underlying commitment -- to deliver innovative services and solutions
that bring efficiencies to the overall payment and collections process.
Expanding our presence in Atlanta, with its state-of-the-art postal facility and
excellent infrastructure enables us to minimize processing times for inbound
payments and speed cash flow for our customers."
According to Hamburger,
along with the opening of the company's new facility, Regulus will expand its
staff and is actively recruiting operations associates for the Atlanta
operation. The company currently has approximately 1,700 employees at its
facilities across the country in California, Chicago, Iowa, New Jersey, North
Carolina and Texas.
ABOUT
REGULUS
Founded in 1995, Regulus is the largest independent
payment processor in the United States, servicing nearly two billion paper and
electronic transactions every year for Fortune 500 customers. Regulus delivers
an end-to-end solution, starting from release of the customer's billing file for
invoicing, through the posting of the associated paper or electronic payment, to
support of customer care and collections. By leveraging data from the total
payment cycle, Regulus is able to offer value-added services that provide
measurable process efficiencies. The company is headquartered in Napa,
California, and has offices nationwide. For more information, visit the
company's web site at www.regulusgroup.com.