Mellon Treasury Services to Offer Product Demonstrations, Participate in Information Sessions During AFP Conference

PITTSBURGH, Sept. 28 /PRNewswire-FirstCall/ -- Mellon Global Cash Management (GCM) will host a number of innovative product demonstrations during the Association for Financial Professionals Conference in San Antonio. Between 8 a.m. and 5 p.m. on Monday, October 10, and Tuesday, October 11, demonstrations of Mellon's following industry-leading treasury management solutions will be offered at The Hilton Palacio del Rio, 200 S. Alamo St:

* Mellon Liquidity Management Service (LMS) - Mellon's comprehensive Web- based investment tool that enables clients to purchase money market funds and securities online, in addition to providing extensive transaction and performance reporting capabilities. * Mellon IDeal Forex(R) - Mellon's Web-based foreign exchange trading platform that combines Internet speed and responsiveness with straight- through processing, real-time rates and industry-leading security to enable clients to execute foreign exchange transactions with confidence - whenever and wherever they want. * Wholesale Lockbox Online Imaging Capabilities - Mellon's state-of-the- art check and document capture services provide clients with customizable, user-friendly features for faster payment processing, information capture and image retrieval. * Remote Check Capture - Enables clients to scan and truncate checks they receive from their payors and then electronically transmit the images to Mellon, where substitute checks are printed and processed either through wholesale lockbox or directly through deposit operations. * Retail Lockbox Intraday Web Exception Processing - Enables clients to access a secure Web site to resolve their exception items and, thus, accelerate their access to cash. * iTelecash(R) Event Manager - Enables clients to receive proactive, automatic notifications about account and transaction activity any time, anywhere by e-mail, fax, cell phone, PDAs and other wireless devices with text messaging capabilities. * SourceNet Solutions - As a market leader in accounts payable outsourcing, SourceNet has consistently demonstrated the ability to help companies reduce their direct operating costs by as much as 40 percent and achieve continuous process improvement. Now a Mellon company, SourceNet will bring its proven solutions to a broader marketplace.

To schedule a product demonstration or a meeting with a Mellon GCM representative during AFP, please call 1 800 424-3004 or e-mail Mellon GCM at gcm_direct_pgh@mellon.com.

In addition, GCM officials will be participating in the following information sessions during the conference:

* "Payables Outsourcing - Considerations and Best Practices" on Monday, October 10 at 8:30 a.m. with Dan Reiff, senior vice president for business development and sales, SourceNet. * "Automated Short-Term Investing - Shifting into High Gear" on Tuesday, October 11 at 11:15 a.m. with Kirk Black, Mellon GCM's Liquidity Management Service senior product manager, and Rudy Espinosa, corporate financial analyst, Reliant Energy. * "How Wholesale Lockbox Imaging Revolutionizes Cash Applications" on Tuesday, October 11 at 11:15 a.m. with Patty Schnupp, assistant vice president/remittance processing product manager, and Peter Greisbach, director of credit, Henry Schein.

Mellon Global Cash Management, a payments industry leader synonymous with quality performance and known for its innovation and expertise, designs comprehensive solutions through its broad line of cash management services to meet the specialized treasury needs of corporations, nonprofit organizations and financial institutions. Recently, an independently-administered customer satisfaction survey revealed that Mellon GCM continues to distinguish itself from its competition in the areas of operating quality, commitment to cash management and customer service. In addition, Mellon GCM was one of only two providers to achieve an A+ average for product performance in the 2004 Phoenix-Hecht(R) Quality Index(TM) of 33 major cash management providers. Throughout 2005, Mellon GCM is celebrating its 50th anniversary in remittance processing. In addition, Mellon GCM is the only electronic payments services provider in the U.S. to successfully complete both a Level 3 Capability Maturity Model(R) (CMM(R)) assessment for its software engineering practices and attain ISO 9001:2000 Registration. More information on Mellon GCM is available at http://www.mellon.com/gcm.

Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing institutional asset management, mutual funds, private wealth management, asset servicing, payment solutions and investor services, and treasury services. Mellon has approximately $4.2 trillion in assets under management, administration or custody, including $738 billion under management. Its asset management companies include The Dreyfus Corporation and U.K.-based Newton Investment Management Limited. News and other information about Mellon is available at http://www.mellon.com/.