When Payment Service Network (PSN) was founded in 1999, the company thought there were two goals critical to its success: First, to help businesses reduce expenses and improve efficiencies in the bill remittance process and secondly, to create the easiest methods and broadest choices for companies' customers to make payments. It seems the second goal is "ancient history" today, but PSN can pride itself on being one of the pioneers in creating the first truly all-electronic check—both paying and depositing funds electronically. PSN was equally successful in breaking new ground in integrating its payment engine with business accounting software allowing for the automatic posting of payments to ledgers. Not resting on its laurels over the years, PSN has continued to stay ahead of the curve by creating more and more solutions to help businesses improve cash flow, eliminate error-prone tasks, simplify the remittance and billing processes and enhance their customers' experiences. Today, we can process any form of payment from traditional credit cards, ACH and paper checks to turning cash and bank bill system payments into ePayments. And we can offer your customers convenient ways to pay—from online and automated phone to live operator assisted payments. PSN has been successful in consolidating all customer payments no matter what the form and no matter what the channel into the PSN payment engine and hence, into your account software. Since our company was built on the mission of helping businesses become more proficient, we didn't stop with just creating a payment engine. We made that engine even more powerful with the ability to create and deliver eBills and eCommunications. By tapping into these solutions, for example, you can reduce the cost of billing to as little as a half cent per customer or call your customers with an important message, such as an overdue balance wherein your customer can press "0" to make a payment. Your customers expect you to communicate electronically with them and PSN takes the work out of your hands through its many eCommunications solutions. PSN's Account Management Center is where it all happens for you. We have created a portal for you to be able to make payments on behalf of your customers, view real-time payments, run reports, upload and download payments and balance dues, reconcile monthly statements and much more. We have listened to our clients over the years and have responded with a very robust "back end" to meet your needs. Nothing is more important than protecting your money and your data; so PSN has achieved and maintains the highest level of security attainable through PCI—the "gold standard" for credit card processing. While being able to help any business with its payment, billing and communication processes, PSN has become specialized in businesses which have repetitive payments, such as the utility and rental industries. By focusing our energies in specific markets, we are able to provide solutions unique to those industries. We haven't been content to simply savor our successes. Instead, we have continued to build more solutions to help businesses become even more proficient. The future will be no different; we will continue to create tools that will Simplify Your Business Day.