PaySimple Provides Payment Processing Functionality to Collection-Master® Debt Collection Software

DENVER, CO, December 18, 2006 – PaySimple, an industry leading provider of payment management solutions for businesses, today announces a strategic agreement with Commercial Legal Software, makers of Collection-Master ®, the most advanced and mature specialty software for debt collection, foreclosure, and subrogation, to provide a complete integrated payment processing solution to the Collection Master system. This new collaboration enables Collection-Master customers to seamlessly bill and collect payments directly from the software via auto-recurring billing, electronic check processing, direct debit and credit card processing. In addition, payment processing via the PaySimple system is expected to save Collection-Master users more than 70% over legacy check-by-phone processing.

“We are excited to begin working with Commercial Legal Software to provide payment processing capabilities to their customers,” says Jeff Gardner, president of PaySimple. “Our automated systems, flat ACH fees, and expedited transaction processing can provide significant cost savings and systems efficiencies in the debt collection industry.”

“A system like PaySimple is long overdue in the collections space, “says Nicholas D. Arcaro, Commercial Legal Software’s Vice President of Sales and Marketing. “We are very excited about the opportunity to fully integrate with PaySimple as the need for efficient payment solutions is a critical feature for our market, and one that the attorneys using Collection-Master are craving.”

PaySimple customers gain competitive advantage by utilizing cutting edge-technology to process payments more efficiently, normalize cash flow, and significantly decrease outstanding accounts receivables. PaySimple is unique in the industry for providing a completely integrated payment gateway for processing electronic checks, direct-debits, credit-card transactions and for establishing auto-recurring billing and online bill-pay. With the ability to bill, process and deposit all payments automatically, PaySimple customers receive their money faster, more easily and more cost efficiently.

Over 20,000 companies in a broad range of industries from law firms, to insurance companies, recreation centers, business services, medical services, non-profits, and many others, use the PaySimple platform. A large number of business software packages such as Collection-Master also serve these industries and provide pre-payment accounts receivable functions. “A PaySimple partnership is a turnkey solution for completing the system with an industry-leading easy-to-use payment processing component.” says Gardner.

For more information on PaySimple electronic payment processing solutions, the PaySimple partner program, or to schedule an online demonstration of the PaySimple system, please call 800.466.0992, email sales@paysimple.com, or see www.paysimple.com. For more information on Collection-Master software, call 800-435-7257, email cmaster@collectionsoftware.com, or see www.collectionsoftware.com





About PaySimple:
PaySimple is an industry-leading provider of payment management solutions. PaySimple simplifies billing and collection processes by enabling customers to invoice, collect and deposit all of their payments automatically. The customized, secure ASP solution includes auto-recurring billing, electronic check processing, direct debit and credit card processing at some of the lowest rates available. PaySimple seamlessly integrates with QuickBooks and most other business management software. Based in Denver, Colorado, PaySimple sells its system direct to end-users and via partners who provide total business software solutions. www.paysimple.com.

About Commercial Legal Software:
Commercial Legal Software is the maker of Collection-Master®, the most advanced and mature specialty software for debt collection, foreclosure, and subrogation. Founded in 1978, Commercial Legal Software has been faithfully serving debt collection attorneys and agencies across the United States for over 25 years. With more than 800 installations nationwide, it has built an excellent reputation based on its innovative software and its straightforward business philosophy. Commercial Legal Software sells and supports its systems direct from its Montville, NJ headquarters. www.collectionsoftware.com.
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