Computrol To Demonstrate New Kiting Management System At BAI Fraud Conference

Demonstration of Computrol's new PC-based Kiting Management System at BAI's conference in Orlando - the largest check and deposit account fraud detection conference held each year.

St. Louis, MO. - October 10, 2000 -- Computrol, Inc. today announced plans to demonstrate its Kiting Management System at the BAI's Combating Check and Deposit Account Fraud Conference to be held November 12-15, 2000 in Orlando, Florida.

Computrol's new PC-based Kiting Management System can be used both as a standalone product by smaller banks or as a companion product to Computrol's highly successful mainframe-based Kiting Detection System. The Kiting Detection System and the Kiting Management System analyze customers' checking account activity to identify potential check kiting schemes.

"Kiting is the most common form of check fraud," said Bonnie Williams, Computrol's product manager for check kiting detection products. "Typically kiting involves a depositor with accounts in two or more banks. Check kiting takes advantage of the time required for checks to clear to obtain unauthorized credit. The resulting losses have cost individual banks thousands or even millions of dollars on individual schemes."

"The Kiting Management System allows faster recognition of kiting suspects and improves account investigation by providing an arsenal of inquiry, analysis and reporting capabilities," Williams added. "With the Kiting Management System, you can access checking account data (including transactions and deposit items,) customize test criteria, stratify accounts for reviewers, analyze activity patterns, automate follow-up procedures and develop complementary management reports."

"Computrol's new Kiting Management System is now being used in some of the largest banks in the United States and Canada," said Mike Allen, President of Computrol. "Banks are finding that with the Kiting Management System they can evaluate and analyze accounts in about one half the time it typically requires. We are pleased to have the opportunity to participate in this important BAI conference and to demonstrate this efficiency of the Kiting Management System to additional potential users."

The BAI's conference in Orlando is the largest check and deposit account fraud detection conference held each year. Over 300 banks are expected to have representatives in attendance.

Computrol has been the leader in combating check kiting for over 25 years. The Kiting Detection System has dominated the market since its introduction in 1975.