Open Scan Partners with Izenda Reports

Denver, CO – June 12, 2012 – Open Scan® Technologies, Inc. announced today their partnership with Izenda, a leader in business intelligence. Open Scan’s Accounts Receivable and Accounts Payable Process Management solution users will benefit from greater insights into their financial supply chain data.

“It’s wonderful seeing HTML 5 technologies used in the financial sector to deliver embedded business intelligence,” said Izenda CEO & Chief Architect, Sanjay Bhatia. “Giving users access to real time data can create significant operational efficiencies that give organizations an edge.”

Izenda is a true ad hoc reporting solution that allows users to create reports on the fly without the need for IT or an understanding of underlying database architecture.

“We are excited to partner with Izenda to deliver world class reporting and dashboard capabilities,” said Open Scan® CEO Nadine Lange. “This will provide our clients insight into their financial data.”

About Izenda

Izenda is the market leader in Embedded Business Intelligence for business applications built on the Microsoft platform. The privately held Atlanta-based software company has delivered ad-hoc reporting, real-time dashboards and data visualizations to over one million users by embedding into over one thousand applications. Founded in 2002, the company applies agile software principles and HTML5 technology to give organizations better insight into their data. www.izenda.com.

About Open Scan

For more than a decade, Open Scan® Technologies Inc. has revolutionized enterprise financial workflows with industry-defining product innovations in payment capture, remittance processing, cash application, payables, and deduction management. Corporations, financial institutions, and government agencies realize unrivaled performance and efficiency as well as measurable savings and increased accuracy of data. www.openscan.com

Contact Information Open Scan Technologies, Inc. Ryan Stoops Marketing Manager 303.867.7410 rstoops@openscan.com