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Gaithersburg, MD (MAR 31, 2008): Lyons Commercial Data is proud to announce that we will be releasing Verifax, an exciting update to our existing Account Verification Service, on Monday, March 31, 2008. This new release will expand the coverage provided by our Account Verification Service to virtually every DDA account in the United States, a considerable increase from the approximately 60% of DDA accounts currently covered. Depending on each client’s specific data information needs, this improvement could be quite meaningful and very positive to their respective business operations.

Regarding the launch of Verifax, Rob Pollin, CEO of Lyons Commercial Data, stated, “Our goal at Lyons is to provide our clients with superb settlement-related data available in order to effect electronic payments with a high degree of speed and accuracy. Additionally, we consistently strive for improvement here at Lyons, and so we are happy to offer this important enhancement of our Account Verification Service to our valued customers. It should considerably reduce their return rates on ACH and check-based transactions and increase the level of their active management of transaction risk.”

Lyons Commercial Data is a division of Autoscribe, one of the largest electronic payment processors in the U.S., with over $4.5 billion in transactions per year.

Lyons is one of the nation’s largest commercial providers of financial institution routing information. Over 2,500 US corporations, including many of the largest financial services institutions in the country, rely on Lyons to provide financial intelligence for transaction processing – FI routing information, OFAC/USA PATRIOT Act compliance, account number verification, and other critical services. Lyons currently provides approximately 3 million pieces of important data (on demand) to their clients annually, which enables those clients to make a faster and better-informed decision regarding electronic payments and/or compliance. Lyons is the industry leader in the seamless integration of transaction-critical information via database delivery and web services technology.