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GORDMANS SELECTS SOLUTRAN FOR RETURN CHECK MANAGEMENT

Minneapolis – (August 4, 2005) – Gordmans has chosen treasury management service provider Solutran^® for its return check management services. Under terms of the agreement, Solutran will handle returned check consolidation (RCC) for all Gordmans locations. The services have been fully implemented. 

"We were looking for a vendor that could provide a complete returned check management solution," said Jeff Byal, Gordmans chief financial officer. "We chose Solutran because of their demonstrated client commitment and innovation in helping us speed up and improve the returned check process for both Gordmans and our customers."

Gordmans will rely on Solutran’s returned check consolidation, or RCC, services to route all returned checks, regardless of the retail location at which the check was written, to Solutran for transaction consolidation. By utilizing RCC, returned checks are received up to six days earlier, resulting in fewer check losses.

About Gordmans, Inc.

Gordmans currently operates 52 stores in 11 states throughout the Midwest and will be operating 55 stores in 12 states by the end of 2005. Gordmans features a large selection of the latest styles and name brands at up to 60 percent off department and specialty store prices every day. The wide range of merchandise includes apparel for all ages, accessories, footwear, home fashions, gifts, designer fragrances, fashion jewelry, bedding and bath, accent furniture, and toys. For more information about Gordmans, visit www.gordmans.com.

About Solutran

For over 20 years, Solutran has provided a full range of treasury management solutions to corporations and financial institutions. Solutran’s customized solutions span the payment spectrum, from paper check processing and conversion to fully electronic payment processing. Services offered include depository processing, accounts receivable truncation, controlled disbursement services, and returned check management and conversion services. Headquartered in Minneapolis, Solutran maintains relationships with ten affiliate processing centers across the United States and Canada. For more information, visit Solutran’s website at www.solutran.com or call 888.SOLUTRAN (888.765.8872).

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Phone: 763.559.2225     Fax: 763.559.8872     Email: solutions@solutran.com

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