RICHMOND, Calif., Aug. 30 /PRNewswire/ -- VICOR, Inc., a provider of technology products to the payments industry, today announced a partnership with eGistics, Inc. to provide financial services customers with a solution for secure and cost-efficient long-term image archive and document management. This new alliance is a key development in VICOR's strategic initiative to increase and leverage the company's leading industry position into new markets with new products and partnerships.

As part of the agreement, VICOR will integrate into its flagship payment processing platform, RIDS (Receivables Information Delivery System), eGistics' customer-centric, on-demand solution for managing the storage, indexing and retrieval of images and related data via the Internet. VICOR will make eGistics' Infinite Digital Architecture (IDA) and Infinite Digital Depository (IDD) available as key components of RIDS and its VICOR Everywhere suite of distributed business process solutions.

With image clearing becoming the accepted standard in payments processing, more banks are demanding long-term, on-demand archives for images and supplemental remittance data.

"eGistics has a proven, successful track record in storage management. With this alliance, VICOR is accelerating its strategic initiative to deliver products and partnerships that support our expanding distributed solution suite," said VICOR President and CEO Bob Kirk. "As banks and transaction processors build out their electronic payments enterprises, they need to be sure that their long-term storage foundation is secure and reliable. We will provide our customers with an interface from local storage to long term online storage that is transparent to the end-user at a very attractive price. Our relationship with eGistics allows us to deliver a product to address market requirements, and provides a seamless experience for customers of our RIDS platform, as well as all of our future products."

"eGistics is delighted to be partnering with VICOR on this initiative to provide their high-profile financial customers access to critical payment content using a highly secure architecture," says Robert E. Lund, Chairman & CEO. "We consider VICOR to be a high caliber organization that carries a reputation as the payment industry's thought leader. Choosing them as a strategic partner was a natural fit for eGistics. Our corporate initiatives align well with VICOR's and, given their presence in the payments arena, we anticipate the development of many future opportunities."

About VICOR, Inc.:

VICOR is a leading provider of technology products for the payments industry. The company's flagship product, RIDS (Receivables Information Delivery System), is the first payment processing and cash management platform to offer full color images and intra-day delivery of receivables information via the Internet and other publishing options. Currently installed in 24 sites, RIDS processed over 180 million transactions in 2004, representing more than $1.1 trillion. VICOR is headquartered in Richmond, CA, and is privately held. For more information, contact 510-621-2000 or visit our Web site at http://www.vicor.com/ .

About eGistics, Inc.:

eGistics provides tailored solutions that efficiently manage the storage, indexing and retrieval of digital content. eGistics' Infinite Digital Architecture (IDA) supports all digital content including data, images, audio and video. The Infinite Digital Depository (IDD) is a client-centric, on demand solution with mirrored backup at locations that are SAS70 I & II certified and compliant with HIPAA and DOD standards. eGistics' on demand storage and retrieval services include powerful applications that meet unique customer requirements and deliver significant productivity gains. Today eGistics archives billions of images and services thousands of on demand requests per hour. Headquartered in Dallas, Texas, eGistics has been providing these services to customers for 11 years and operates in secure, fully redundant, load balanced data centers.

"eGistics" and variations of the name are the property of eGistics, Inc., and are protected pursuant to an application filed with the U.S. Patent and Trademark Office.

Contact: Bob Murphy VICOR, Inc. 510-621-2047 rmurphy@vicor.com Gary Provo eGistics, Inc. 214-256-4600 gprovo@egisticsinc.com

CONTACT: Bob Murphy of VICOR, Inc., +1-510-621-2047, or
rmurphy@vicor.com ; or Gary Provo of eGistics, Inc., +1-214-256-4600, or
gprovo@egisticsinc.com

Web site: http://www.egisticsinc.com/
http://www.vicor.com/