The future of payment processing is clear with Clearingworks' proven cloud strategy, currently processing more than $120 Billion in payments each year and growing.
SUGAR LAND, Texas, April 30, 2012 /PRNewswire/ -- US Dataworks, Inc. (OTC Bulletin Board: UDWK), a leader in payment processing solutions, today announced that it will be giving away the cloud at the annual NACHA Payments 2012 conference in Baltimore, Maryland to be held on April 29, 2012 through May 2, 2012. At the show, US Dataworks will also showcase its cloud payment processing delivery model and customer success stories for media, utilities, financial, and banking to the more than 2,500 attendees who are actively driving the adoption of electronic payments.
Marc Palombo, US Dataworks Vice-President, stated, "At a time when businesses are seeing pressures to improve customer focus while lowering operating costs, utilizing the cloud offers a simple way to save money while modernizing and consolidating all payment channels. The proof lies in our customers' experiences — several key customers plus our partners will be joining US Dataworks in presenting on Conquering the Cloud and the Future of Payment Processing, including the benefits of cloud payment processing, best practices for implementation, and the long-term benefits of flexibility in payment types and ease of maintenance."
Monday April 30, 2012 @ 4pm - New Product Announcement US Dataworks will be announcing a new product that it believes will change the way financial files are viewed, tested, managed and compared. A special free trial offer will be available for all NACHA attendees
About US Dataworks US Dataworks offers on-demand payment processing services with proven enterprise-class payment, deposit, returns processing, and powerful payment analytic tools. US Dataworks is a trusted payments provider to utilities, telecommunications providers, content providers, financial institutions and government agencies.
Certain statements made in this press release (other than the historical information contained herein) constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, but not limited to, statements regarding our expectations regarding our current and future products. Any forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, the failure of our new solutions to perform as anticipated, our ability to provide long-term customer value and agility, our ability to protect our intellectual property, our position in the marketplace, our ability to develop and timely introduce products that address market demand, the impact of alternative technological advances and competitive products, market fluctuations, our ability to repay or refinance our debt, our ability to realize the anticipated benefits from our business initiatives, including our cloud-based solutions, and other risks detailed from time to time in our SEC reports including our Annual Report on Form 10-K for the fiscal year ended March 31, 2011. These forward-looking statements speak only as of the date hereof. US Dataworks disclaims any obligation to update these forward-looking statements.