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12.04.2007 14:57:00

Mellon Working Capital Solutions to Offer Product Demonstrations and Present Information Sessions During NACHA Payments 2007 Conference

PITTSBURGH, April 12 /PRNewswire-FirstCall/ -- Mellon Working Capital Solutions (WCS) products and services will be highlighted in Booth #126 during the NACHA Payments 2007 Conference from Sunday, April 15 to Wednesday, April 18 in Chicago (Hyatt Regency).

During the event, Mellon WCS representatives will be available to discuss the following:

-- Mellon iTelecash(R) - Comprehensive Web-based information reporting and transaction initiation at your fingertips. -- Liquidity Management Service (LMS) - A comprehensive Web-based investment tool that enables customers to conveniently initiate money market mutual fund and fixed income securities transactions with Mellon Financial Markets, LLC, Mellon's full-service broker-dealer. -- Retail Lockbox - Web-based image archive and same-day exception item process services. -- Remote Check Capture - Enables clients to scan and truncate the 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. -- Back Office Conversion - A back office electronic clearing solution for consumer payments received over the counter or at the point of sale (POS).

To schedule a product demonstration or a meeting with a Mellon WCS representative during the NACHA Payments 2007 Conference, please call 1 800 424-3004 or e-mail Mellon WCS at wcs@mellon.com .

Mellon WCS representatives will also participate in the following information sessions during the conference:

-- "Best Practices in Cash Application" - Monday, April 16 from 8 a.m. to 9 a.m. with Leila Puglisi and Karen Weir, product management and operations, Mellon WCS, and Greg Born, ACH coordinator, Cingular Wireless.

Mellon Working Capital Solutions, 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. Independently-administered customer satisfaction surveys consistently reveal that Mellon WCS continues to distinguish itself from its competition in the areas of operating quality, commitment to cash management and customer service. In addition, Mellon WCS was awarded A rankings for both products and bank perceptions in the 2006 Phoenix-Hecht(R) Quality Index(TM). Mellon WCS also 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 WCS is available at http://www.mellon.com/wcs .

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 asset management, private wealth management, asset servicing, payment solutions and investor services. Mellon has approximately $5.5 trillion in assets under management, administration or custody, including $995 billion under management. News and other information about Mellon is available at http://www.mellon.com/ .

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