La Crosse, WI - May, 2005 — CybrCollect, Inc. has signed an agreement with PINcheck, Des Moines, Iowa, to market PINcheck’s Identity Theft/Check Fraud Prevention, for the purpose of protecting its customers from the growing problem of Identity Theft and Check Fraud.

Identity Theft is the nation’s fastest growing crime, with someone becoming a victim every minute. The cost of identity theft is borne by everyone, including retail, financial institutions, and the individual. While there are many forms of identity theft, the common checking account is particularly vulnerable because of the ease with which someone can pass a check on a stolen or closed account. Consumers and fraudsters alike know about this weakness in the system. Consumers fear it, and fraudsters take advantage of it.

PINcheck is an organization dedicated to stopping check-related identity theft by using an authorizing PIN number at the point-of-sale. The company does this by working with financial institutions to assign a PIN to each checking account, and with retailers to facilitate the entry and validation of the PIN at the point-of-sale.

PINcheck stores the assigned PINs in their national database, which is accessed at the point-of-sale when the customer enters a PIN. In most cases, the system can be used without the need for any additional equipment at the retail location.

Larry Kane, PINcheck President, said “We are happy to have CybrCollect join PINcheck in our efforts to stop identity related check fraud. With today’s technology, it’s easy to create valid looking checks, with stolen accounts on the MICR line. Without PINcheck, anyone who has a checking account is at risk. We provide the missing link to establish account authority. By joining us, CybrCollect will facilitate its customers in providing a measure of protection for everyone who owns a checking account, and reduce merchant losses due to forged or closed accounts.”

CybrCollect, Inc. is an industry leader in electronic check collections. Their home office is La Crosse, WI. They manage all aspects of the check collection function for merchants throughout the United States. They may be reached by phone at 888-340-9205, or you may visit their website at www.getmychecks.com. For merchants who wish to utilize the electronic deposit of checks received via mail, lockbox, telephone, or Internet, this company also provides an Internet-based solution, complete with the automated interface to the collection module for any returned checks.

Kathy Monroe, CybrCollect CEO said, “We are excited about what PINcheck can do for our financial institutions and our merchants. Today, anyone who owns a checking account is vulnerable, but now with PINcheck our financial institutions can provide a valuable service to their customers by providing PIN protection for their checking accounts. Likewise, our merchants will no longer run the risk of accepting checks on closed or forged accounts.”

About CybrCollect
Established in 1998, CybrCollect, Inc. consolidates the best practices in the check collection industry. CybrCollect endeavors to create the fastest returns for merchants while providing excellence in customer service. Their free electronic Check collection services aid businesses nationwide in increasing their collection of bad checks while preserving check acceptance as their cheapest form of payment. For additional information on CybrCollect, please call 888-340-9205, email info@getmychecks.com, or visit www.getmychecks.com.