Transoft International Holds Annual User Conference

Cary, NC (June 6, 2001) – Transoft International, Inc. the world’s leading provider of currency management software, known as the OptiCa$hã Currency Management System. Transoft’s annual OptiCa$h Users Conference was held on May 27-30, 2001 as OptiCa$h users, partners, and friends of Transoft International from around the world gathered at the MGM Grand Hotel in Las Vegas, Nevada, USA .

Users from Australia, Canada, Chile, Great Britain, Netherlands, South Africa, Turkey, Venezuela and the U.S. gave the conference a global dimension. The case studies, workshops, and thought leadership presentations were well attended. Attendees enjoyed the information flow, and the idea sharing with kindred spirits dedicated to achieving the best in cost optimization for their financial networks.

Transoft's president and CEO, Bo H. Holmgreen, announced new initiatives in customer support, and the expansion of Transoft’s on-the-ground presence in key markets. A quarterly newsletter titled "Currency Note$" was launched to increase communications within the OptiCa$h user community, and an Advanced Class will start in September 2001 to help seasoned users get the maximum in cost savings in their ATM and branch networks.

Keynote speaker Tom Wilhelm, Vice President, Specialty Core, First Union Bank headquartered in Charlotte, NC, gave a thought-provoking talk on "Trends in the Cash Business" that covered current legislation, factors affecting reserve requirements vs. cash optimization, keys to success, and future currency regulatory developments in world markets.

Bob Feaganes, Transoft’s director of marketing, announced formation of an OptiCa$h Users Advisory Board that will provide input to the company’s Product Steering Committee on future product enhancements.

OptiCa$h users are being solicited through the June newsletter to participate in the selection of site and content for the 2002 OptiCa$h Users Conference.

About Transoft

Transoft International, Inc. (www.transoftinc.com) in Cary, NC is a Research Triangle Park–based high tech company founded in 1991 and specializing in software, known as the OptiCa$hã Currency Management System. for the financial services industry. Using SAS-based scientific analysis and modeling, and sophisticated embedded database tools, OptiCa$hã makes critical cost-optimized currency management recommendations for many financial institutions and thousands of branches and ATMs around the world.

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