iStream Imaging announces name change to iStream Financial Services, Inc.

Brookfield, Wisconsin - iStream Imaging, a financial technology company in the business of managing payments, announced today that the company has changed its name to iStream Financial Services, Inc.  The new identity and expanded focus are the result of the addition of various product lines and increased growth since the company’s inception.

 “The new name speaks to our core direction of providing businesses and banks a solution that can consolidate payment types and manage the entire payment process. ‘Financial Services’ better illustrates the direction we are moving with our clients, partners and vendors,” said Fred Joachim, President, iStream Financial Services. “We have had some phenomenal growth within the past few years, and we want to continue to build and cultivate our message and our various product lines.”

Recent growth for iStream includes reaching a major milestone of $750 million payments in September for its Remote Deposit Capture solution. The company is on target to reach $1 billion payments per month by January 2009. Since inception in 2005, iStream has grown over 3000 percent and is in 48 states.

Current products and plans include iStream Deposit for integrating into popular accounting software systems for posting payments, iMatch for streamlining the business check-posting process, and iReturn which, effectively, eliminates paper electronic return processing.  Their digital check scanners and bank processing solutions can all be custom developed based on the size and needs of an organization.

About iStream Financial Services:

iStream Financial Services’ core mission is to provide businesses and banks solutions to consolidate and manage various payment types. The company is teaming up with current and potential partners, employees and other synergistic relationships to leverage our technology platform, knowledge and people to introduce new products that will help business and banks throughout the U.S., and the world. iStream complies with FDIC security standards and is audited annually.  The company has also completed a SAS 70 including the process controls involving remote deposit to ensure the integrity, reliability, and security of our application and systems.