Lake St. Louis, MO (PRWEB) September 20, 2007
ACHeck21, LLC, a leading provider of end-to-end, Check 21-compliant processing systems, announces the successful conclusion of a lawsuit in federal district court affirming the company's sole ownership over the underlying source code behind its industry-leading software, ACHeck21™.
An order signed by federal District Judge James A. Teilborg (Case No. CV-07-0210-JAT) affirms that ACHeck21 LLC is the sole legal copyright holder for Checkdata, a predecessor software platform.
In January 2007, ACHeck21 filed suit in federal district court in Phoenix, AZ after two individuals in Arizona made representations that they had an ownership interest in Checkdata. Subsequent discussions among the parties since the filing of the lawsuit revealed that the defendants' ownership representations were without merit.
"We are very pleased with this successful outcome and we are excited about continuing our national rollout of ACHeck21," said Sam Ackley, managing partner for ACHeck21.
ACHeck21 is ideal for banks, credit unions, merchants, utilities, local governments, non-profit agencies and small businesses - anyone who accepts checks for payment. With ACHeck21 technology - fully compliant with the Fed's Check 21 regulations - these organizations can create digital files for automatic transfer into their bank account.
Headquartered in Lake St. Louis, Mo., ACHeck21 LLC is a leading provider of financial services technology solutions. We have made it our mission to create, deliver and support quality financial software solutions that provide our customers with all-encompassing tools for success. ACHeck21™ is our masterpiece - a comprehensive and scalable end-to-end software solution that follows an intelligent business workflow.