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M2SYS Technology Partners with TeraCorp Enterprises to Provide Added Security within Check Cashing Solution

The TeraCash Solution Now Fully Supports M2SYS Fingerprint Technology to Accurately Verify Check Casher Identity

ATLANTA, September 27, 2007 – M2SYS Technology, a leading biometric technology research and development firm, announced today its partnership with TeraCorp Enterprises, a leading provider of check cashing and verification solutions, to integrate the M2SYS Bio-Plugin™ fingerprint solution into TeraCash, a cutting-edge check cashing system.

Bio-Plugin™ enables software companies like TeraCorp to seamlessly integrate a complete fingerprint recognition system, including a high-performance 1:N identification engine. Bio-Plugin™ eliminates the system dependencies, extensive development, and specialized knowledge of biometric complexities inherent to fingerprint SDKs.

“This is a technology that is quickly becoming the norm within the MSB industry as a means of both security protocol, as well as expediting the processing time required to cash an individual’s check”, states Terren Posey, President and CEO of TeraCorp Enterprises, Inc.
TeraCorp continually aims to provide the latest technologies to their customers in the check-cashing industry. This partnership is one more step that will help to separate the TeraCash product from the competition.

M2SYS President, Michael Trader, states “Biometric technology can provide great value to the check cashing industry by eliminating identity theft and preventing fraud through accurate fingerprint identity verification. M2SYS is proud to be working in partnership with TeraCorp to help to provide greater security within the check cashing industry, and to ultimately provide greater peace of mind to the public.”

About M2SYS Technology

Recipient of Frost & Sullivan’s 2007 Biometrics Technology Innovation of the Year Award, M2SYS Technology, www.m2sys.com, is a recognized industry leader in fingerprint identity-management technology, delivering a variety of customized, fully-functional, turn-key fingerprint readers and software solutions for businesses and consumers.

Contact:

M2SYS Technology
Kevin Creel
kevin@m2sys.com

About TeraCorp Enterprises

TeraCorp Enterprises, http://www.teracorpinc.com, is a forward thinking computer software company specializing in developing check cashing solutions for virtually any sized business. Its portfolio includes TeraCash ™, a highly robust and user-friendly check cashing solution as well as CheckGuard ™, a fully-automated service which provides its users with everything from company lookups, to national check verification and authorization.

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