Electronic Check Processing and Deposit Inovium RapiDeposit™

1. Accounts Receivable Conversion (ARC) / Check 21 Solution Electronic Check Processing and Deposit Inovium RapiDeposit™ Power Point Show will run automatically

2. Business Challenges • Checks deposited faster • Sale tool for reselling • As part of a front-end RCK System for potential clients • Drastically reduces transaction fees • Increase efficiency by alleviating time consuming processes • Modify antiquated filing systems • Quicker access to receivables • Consolidation of accounting for multiple locations Business Opportunities 1

3. Understanding Check 21 What is Check 21? - Check 21 provides a Retailer/Merchant or Biller with the opportunity to convert any type of paper check, for purposes of transiting it electronically, where it may re-emerge in the bank clearing system as the legal equivalent of the original check through a substitute check document known as an Image Replacement Document or IRD. - It is applicable to ANY type of Check or instrument with a MICR* line *Magnetic Ink Characters at bottom of every check - It does not require permission or notification of any kind - IRD must meet certain formatting requirements 3

4. Check is issued to Joey’s Pizzeria Consumer writes a check for $100 Consumer Check Consumer Merchant Consumer receives check in statement Consumers Bank Merchants Bank Consumers Bank verifies if funds are available in Consumers account In return, FRB gives Chase $100 Funds are available and Bank withdraws $100 from Consumers account to give to FRB FRB routes check to Consumers account at Bank for processing Check Clearing Process Merchant deposits $100 check into their Bank account FEDERAL RESERVE BANK (FRB) March Bank routes check to FRB • Provides funding to Banks • Provides check transport system by planes, trains & trucks 2

5. Inovium Corporation ARC / Check 21 Solution

6. ARC / Check 21 Solution Inovium’s Accounts Receivable Conversion (ARC) / Check 21 Solution in conjunction with our superior Image Replacement Document (IRD) technology, is a premier single point of entry system that processes and deposits any type of paper check received via U.S. Mail or at payment locations, deposited as electronic transactions. • Processes thousands of checks per day with deposits credited into your bank account within 24 to 48 hours • Built on a flexible, web based infrastructure allowing easy integration to our various types of imaging scanners • Seamlessly capture accurate check images and MICR data information that automatically appears in the data entry fields • Manage your business transactions online, 24/7 • Upload and import files into your data processing or accounts receivable system 6

7. Key Features • Submit checks and transfer funds electronically anywhere, anytime, anyplace • 24/7 access to retrieve check images and authorization via our secure website • Real-time verification database reduces risk of accepting bad checks and collection costs • Upload files to update your in-house accounts receivable system • Checks received through any remote or branch office/store locations can be deposited through one banking institution/account, simplifying bank reconciliation processes • Alleviate a trip to the Bank • No Bank deposit fees • Save space and money – No need to store paper checks or deposit slips 7

8. Technology Behind ARC / Check 21 Solution

9. Imaging Technology Imaging technology using multiple types of check imaging scanners linked to a Web based system allows you to scan checks. Digital Check TS – 230/100 • Accepts 100 checks at a time • Processes 60-80 checks per minute • Images both sides of checks in one pass Digital-Check TS – 230/65 • Accepts 50 checks at at time • Processes 65 checks per minute • Images both sides checks in one pass Digital-Check TS – 215 • Accepts Single checks at at time • Processes 20 checks per minute • Images both sides checks in one pass Digital Check Scanners Post to Inovium Web Hosted Software 9

10. Scan. Transmit. Process 1. Merchant receives checks for payment of goods and services The checks are scanned using one of Inovium’s imaging scanners 2. 10

11. ACH Network Non-consumer Items Consumer Items Scan. Transmit. Process 3. The checks are scanned and processed via Inovium’s high speed web hosted software and transmitted through the ACH. + 4. The Inovium system automatically distinguishes and converts Consumer items, processed as ACH items with Non consumer items including corporate checks and payroll checks into Check 21 IRDs. 11

12. Consumers Bank Merchants Bank Scan. Transmit. Process 5. Inovium electronically debits funds from the customers account and deposits funds in Merchants bank account. Funds are available within 24 to 48 hours, alleviating a trip to the bank. 6. Upload files into Inovium Solutions account receivable system. 12

13. Inovium Application This is how to Post the Scanned Checks

14. Click on Easy Scan ICON Log in with User Password Enter Password that was recorded in Configuration File during Setup

15. Main Screen 15

16. Scan Checks 15

17. How Scanned Checks Appear • Review of Column Descriptions • Double clicking on 1st Column the check image will enlarge • Column 2 – Unique ID – Optional Field for Operator to enter • Column 3 - Customer ID – Optional Field for Operator to enter • Column 4 - Bank Routing Number from scanned check • Column 5 - Check Account Number related to Bank Routing Number • Column 6 - Check Number • Column 7 - Check Amount – The amount of the check to be recorded • Column 8 - Type – Operator manual override of type of check to be processed • Column 9 - Confirm Check – can check after recording Check Amount or can click on Confirm All - The Total Confirm amounts must balance to the Batch Total • Note: Always review all data. The Check Scanner does have an accurate read rate as to ABA #, Account Number, and Check Number, but it is possible to have a misread or an error. 15

18. Posting of Data After all checks have been confirmed and a grand total has balanced, the operator has the following options: 1: Export Pre-Process - Allows for the file to be saved and or to be reviewed prior to posting the file for deposit. 2. Export File for Deposit – For any file that is ready to be deposited to the Processor for processing. (Refer to depositing to Processor after complete instructions on use of the scanner) 15

19. Posting of Deposit directly to RPC RapiDeposit Payment Central When ready to deposit the batch to be process click on command button Confirmation that you are ready to close session and deposit funds Where the data is to be saved. This window will appear and the file will be saved here upon clicking on the save command. 15

20. Posting of Deposit directly to RPC (Cont) To save report of checks process Confirm the Deposit Report After selecting which account the funds are to be deposited click on ok to deposit the funds directly to RPC – RapiDeposit Payment Central 15

21. Posting of Deposit directly to RPC Indicators that the file was posted to RPC and saved Email Notification of Deposit being posted to RPC 15

22. Funds to be deposited Into Payee Bank Account Directly from the Federal Reserve 15

23. Benefits for, YOU • Process all checks electronically • Easy-to-use solution, requiring only a check scanner and internet access • Centralized Bank deposits for multiple company locations • Reduce Bank transaction return fees • Upload and import files to update your in-house accounts receivable system • Recover your returned items as quickly and cost - effectively as possible • NSF Checks will be reported within three (3) business days Merchant can redeposit immediately and keep all fees 18

24. Conclusion Accounts Receivable Conversion (ARC) / Check 21 Solution in conjunction with our superior Image Replacement Document (IRD) technology provides: • Easy-to-use solution, requiring only a check scanner and internet access • 24/7 access to retrieve check images and authorization via our secure website • Concise, real time reporting available on-line • Real-time verification database reduces risk of accepting bad checks and collection costs • No Bank deposit fees • Files to update your in-house accounts receivable system 19

25. Inovium Corporation is Committed to Providing Superior, Affordable, ACH and Check Processing Solutions 20

26. Getting Started INOVIUM CORPORPATION 10300 W Charleston Blvd., #13-214 Las Vegas, Nevada 89135 Tel: 702-254-6385 Fax 702-926-9629 www.inovium.com Contact: Sales & Marketing E-mail: sales@inovium.com 21