News: The Casey Group Acquires Intellectual Property of NetCharge, Inc.

Parsippany, New Jersey, August 12, 2003: The Casey Group, a premier provider of IT Management Consulting services, Application Development and Integration and Application Outsourcing, today announced that it has acquired - and will market - the advanced NetCharge electronic invoice presentment and payment (EIPP) solution for corporate billers and payers. Casey's NetCharge provides a secure, robust, and scalable EIPP solution architected to easily and rapidly interface with virtually any existing procurement, billing, accounts receivable, and accounts payable processes. It leverages Internet technology to dramatically lower costs of all transactions and provide significant economic benefits for businesses seeking to streamline their procurement, disparity management and capital management practices. It also offers businesses new flexibility in migrating from current paper-based practices to an enterprise-wide electronic invoicing and payment solution.

Casey's NetCharge is architected to overcome the crucial security issues that face EIPP implementers concerned about safeguarding business-critical customer, supplier, and process data. Critical payment information, such as account numbers or account access, is not transmitted over the Internet. The system disaggregates the identity of the parties from transaction data and uses a unique identifier numbering process for each transaction. All information is transmitted in a unique communications protocol that travels at the data level and is not vulnerable to third party access.

The Casey Group will deliver NetCharge technology as a highly cost-effective and proven solution that can be implemented rapidly, delivering virtually immediate ROI while laying the foundation for even broader improvements in sales-to-cash and supply chain processes.

About The Casey Group
The Casey Group, founded in 1989, is a full-service IT solutions provider, specializing in three categories of services - IT Management Consulting, Application Development, and Integration and Application Outsourcing. The Casey Group has a proven track record of delivering bottom line business value to its clients that achieve exceptional ROI. The Casey Group is reliable, practical and flexible, providing highly personalized service with proven results.

The Casey Group is headquartered in Parsippany, New Jersey with regional offices in Tampa, Florida and Irvine, California. For media relations or other information on The Casey Group, contact Bill Casey at 973.299.4702 or info@caseygrp.com.