Urmet Group Joins Trintech PayWare Partner Program forSecure Physical, Internet and Mobile...

Business/High-Tech Editors

SAN MATEO, Calif. & DUBLIN, Ireland--(BUSINESS WIRE)--July 19, 2000

Trintech Group PLC (Nasdaq:TTPA; Neuer Markt:TTP), a leading provider of secure electronic payment infrastructure solutions, announced today that Urmet Group has joined the Trintech

The Urmet Group is partnering with Trintech to provide its blue-chip financial sector customer base with secure eCommerce solutions. Urmet has extensive expertise in the EFT/POS market in Italy, including credit, debit and chip technology, and will be able to use that knowledge to offer Italian financial institutions payment solutions for the physical and virtual world based on Trintech technologies.

As a certified member of Trintech's PayWare Partner Program, Urmet can now offer its customers Trintech's range of eCommerce solutions, including PayWare mAccess, Trintech's server product for mobile commerce (mCommerce); PayWare eIssuer, Trintech's virtual credit card solution; PayWare eAcquirer, Trintech's Internet payment gateway technology; and PayWare eStores, the payment engine for online merchants.

"It is our objective to provide our customers with secure payment solutions for eCommerce," says Massimo Mondardini, president at Urmet Group. "We chose Trintech as our payment technology partner as we feel their technology provides the most innovative and secure ePayment solutions available. Trintech allows us to provide flexible payment solutions for both the Internet and the emerging mobile commerce market."

The Trintech PayWare Partner Program aims to develop a global network of strategic partners by targeting system integrators, consultants, distributors, value-added resellers and solution developers. The program targets consultants, resellers, distributors and system integrators who, with Trintech's PayWare technology, can payment enable eMerchants, ISPs, CSPs and dot.com corporations.

"We are delighted to welcome Urmet to Trintech's expanding PayWare Partner Program," says John Harte, EVP global sales, marketing and services at Trintech. "We see Italy as a market that will experience much development in terms of eCommerce infrastructure. Key to this infrastructure is the ability to provide ePayment requirements and end-to-end ePayment solutions. We look forward to working closely with Urmet to provide such solutions."

About Urmet

Urmet is one of the most advanced Italian producers in the telecommunications field and also one of the richest in history and experience. The company's know-how and expertise has enabled the successful introduction of the most sophisticated electronic hardware and software technology into exchanges and terminals. The Urmet Group has a strong presence in Italy, with factories in the north and center and a widespread commercial presence over the whole territory. Abroad, Urmet is present with productive and commercial associated companies in many European, Latin American and Far Eastern countries. One of the Urmet Group Companies is Urmet Domus, one of the European leaders in Video house phones, Access Control and Building Automation. Urmet Domus is acting all over in the European region with factories and commercial offices.

About Trintech

Trintech Group PLC is a leading provider of secure electronic payment infrastructure solutions for real world, Internet and wireless transactions. The company, which was founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech's secure product range is deployed in over 35 countries worldwide and cover the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. Trintech's range of scalable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including e-commerce and the emerging world of mobile commerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (Tel: 650-227-7000) and in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: 353-1-207-4000). Trintech can be reached on the Web at http://www.trintech.com. Investor information can be found at www.trintech.com/investor.

This press release may contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any "forward looking statements" in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Factors that could cause or contribute to such differences include the ability to develop, market and sell its e-commerce software, the market acceptance of the SSL or SET standards for e-commerce payment transactions, its ability to effectively respond to future changes in the e-payment software market and, in particular, the growth of the market for mobile commerce and the market acceptance of mAccess. Actual performance may also be affected by other factors more fully discussed in Trintech's Form F-1and Form 6-K for the quarter ended April 30, 2000 filed with the US. Securities and Exchange Commission.