Regulus Press Release

Regulus Lowers Total Cost of Ownership, Improves Efficiency of Billing and Remittance Processes

Recent Gains Made Via Acquisition of J.P. Morgan Chase’s Retail Lockbox Business; Customers Benefit from Bank-Agnostic Stance and Economies of Scale

Washington, DC – August. 03, 2009 – Regulus Group, the premier provider of outsourced billing and payment services, is lowering the total cost of ownership and improving the efficiency of paper and electronic billing and remittance processes. The company recently bolstered its well-established leadership position by acquiring J.P. Morgan Chase’s national retail lockbox business and its volume of more than 700 million annual payments. Now, Regulus processes more than $300 billion in payments each year. It provides leaders in the financial services, healthcare, utility, telecom and other industries with tools to avoid the back-office strains, high infrastructure costs and hefty capital expenditures that are plaguing many companies.

Regulus offers a full suite of paper and electronic billing and payment processing solutions. The company’s Transactions² (T²) suite consolidates all of these critical business functions with Regulus’ 14 years of deep domain expertise. Because Regulus meets the full spectrum of billing and remittance needs under one roof, the company is able to significantly streamline and modernize these activities. Almost all of Regulus’ transactions are cleared electronically, which speeds the payment process and integrates paper and electronic data streams.

Unlike banks, which must focus on boosting deposits and maintaining a wide variety of products and services, Regulus has a dedicated focus on providing its customers with best practices and technology solutions for improving billing and remittance processing. Because it is not constrained by the policies of any one financial institution and because it benefits from economies of scale as the largest non-banking billing provider, Regulus processes each transaction in ways that best meet the needs of each customer while also driving down costs.

“Banks are facing massive internal and external pressures that make it impossible for them to provide the best service,” said Ms. Kathy Hamburger, CEO and president of Regulus Group and 3i Infotech, North America. “For example, customers want to be able to pay however they want, whenever they want, but it’s expensive to support multichannel options. Regulus’ customers - which include more than 20 members of the Fortune 100 -- know that our agile structure and proven expertise allow us to lower their costs and better align their billing and remittance activities with their overall business objectives. This is critical, given the rapidly shifting business conditions we all face today.”

Regulus is exhibiting its full suite of billing and payment processing solutions in the Lockbox Pavilion at the TAWPI Annual Forum & Expo 2009, being held from August 2 to 5, 2009, at the Walter E. Washington Convention Center in Washington, DC.

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ABOUT REGULUS GROUP

Regulus Group is the premier provider of outsourced billing and payment services designed to accelerate cash, improve corporate productivity and reduce overall management costs. Its integrated approach to the payment lifecycle enables its customers to outsource and automate their most resource-consuming billing and payment requirements while actually increasing control over the entire process. As the largest bill presentment and payment processors in the United States, Regulus services over two billion paper and electronic transactions every year for companies in the telecom, insurance, finance, utility, and healthcare industries. Regulus is a subsidiary of 3i Infotech. For more information, visit www.regulusgroup.com

ABOUT 3i INFOTECH
3i Infotech is one of India’s leading IT companies and among the top 4 Indian Software Products Companies.* The Company provides software products and IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing (BPO) and IT Consulting) for the Insurance, Banking, Capital Markets, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across 5 continents.

3i Infotech is SEI CMMI Level 5 compliant for Software Services, ISO 9001:2000 certified for BPO Services and ISO 27001:2005 certified for Infrastructure Services.

* Source: Dataquest

Disclaimer:
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.