IntraNet receives SwiftReady Gold for Money Transfer System

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IntraNet, Inc. (Nasdaq:TSAI), a leading international provider of payment processing solutions, today announced that it has received the SWIFTReady Gold accreditation for Payments for the seventh consecutive year.

The Gold label, the highest accreditation given by SWIFT, demonstrates that IntraNet's Money Transfer System (MTS) supports SWIFT's standards, products and services, and the straight-through processing of financial transactions.

IntraNet's MTS has received the SWIFTReady certification every year since the labeling program was introduced in 1998. The accreditation certifies that MTS satisfies all SWIFT requirements across a wide range of criteria including SWIFT automation capabilities, interface connectivity and standards support. This confirms that MTS can be fully integrated in a SWIFT messaging environment.

MTS is one of the solutions in IntraNet's PaymentWare suite of software offerings designed to meet the messaging and payment processing needs of the wholesale banking industry.

"We are very pleased to award the SWIFTReady Gold label for Payments for 2004 to the Money Transfer System," said Allan Spalding, Business Manager, Partner Solutions, at SWIFT. "This demonstrates IntraNet's continuing commitment to supporting SWIFT's standards."

"IntraNet is pleased to be awarded the SWIFTReady 2004 Payments Gold label again this year" said Dennis Jorgensen, CEO of IntraNet. "We continue to provide our customers with best-of-breed payments solutions and we look forward to another year of successful cooperation working with SWIFT."

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