Are Treasury Professionals Adopting the Cloud? 2012 Annual AFP Conference Highlights Technology and Best Practices for Finance and Treasury

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US Dataworks’ presents cloud payment processing solutions in Booth 1320 at the annual treasury and finance professional conference.

Every professional is evaluating how the cloud will lower operating costs while modernizing and consolidating all payment channels.

Today, at the 2012 AFP Conference at the Miami Beach Convention Center, treasury professionals are debating, discussing and reviewing cloud payment processing solutions. Recognized as the most important event for treasury and finance professionals, US Dataworks, Inc. (OTC Bulletin Board: UDWK) is presenting the benefits of cloud payment processing solutions at Booth #1320.

Marc Palombo, US Dataworks Vice President, stated, "Every professional is evaluating how the cloud will lower operating costs 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 the benefits of cloud payment processing, best practices for implementation and the long-term benefits of flexibility in payment types and ease of maintenance."

At the 2012 AFP Conference convention in Miami being held from October 14, 2012 through October 17, 2012, US Dataworks will provide sweet treats for Booth 1320 visitors who share their cloud payment processing questions and success stories about using the cloud for payment processing.

“Over 6,000 corporate treasury and finance professionals have gathered here in Miami to explore cloud technology solutions to move their companies into the future,” stated Leilani Doyle, Vice President for US Dataworks. “We are showcasing our newest products and solutions including our Clearingworks’ Cloud Payment Solution to simplify even the most complex payment challenges.”

Visit US Dataworks at the 2012 AFP Conference in our Cloud Expert Lounge Booth # 1320.
http://www.usdataworks.com/afp

About Clearingworks®
The Clearingworks cloud payment processing solution currently services more than 700 financial institutions, utilities, content providers, and credit card issuers, either direct or through our partner network. Clearingworks processes 2 billion payments a year across all payment types and sources using an agile open architecture. When combined with our customers using the on-premise solution Clearingworks processes almost 6% of all check volume according to the latest Federal Reserve Bank check study.* For more information contact Leilani Doyle at US Dataworks.

About US Dataworks
US Dataworks offers cloud computing 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. Additional information about US Dataworks is available at http://www.usdataworks.com.

*Based on the Federal Reserve Payments study released in December 2010.

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 concerning 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 solution 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, and other risks detailed from time to time in our SEC reports including our Annual Report on Form 10-K for the year ended March 31, 2012 filed with the SEC on July 13, 2012. These forward-looking statements speak only as of the date hereof. US Dataworks disclaims any obligation to update these forward-looking statements.

SOURCE US Dataworks, Inc.

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Leilani Doyle

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