California Oil & Gas Producer to Use Trintech's AssureNET GL to Automate GL Reconciliation, Review, and Certification Processes Dallas, Texas/Dublin, Ireland - 18 June 2007 - Trintech Group Plc (NASDAQ: TTPA), a leading provider of financial software and services specializing in reconciliation workflow, revenue enhancement, transaction risk management, and compliance, today announced that Aera Energy LLC (Aera) has selected AssureNET GL to automate general ledger reconciliation, review, and certification processes for accounting compliance. One of California's largest oil and gas producers, Aera, has properties that extend from the Los Angeles Basin to Coalinga. Its daily oil and gas output accounts for approximately 30% of the state's production. AssureNET GL is designed to automate and control key accounting activities, including tracking, preparation, review, and assessment of all types of account reconciliations (including balance sheet reconciliations, P&L reconciliations, consolidation system reconciliations, and operational reconciliations). AssureNET GL helps companies streamline and centralize GL reconciliation management processes, automate workflows, improve management reporting, and increase accounting compliance with regulatory requirements such as the Sarbanes-Oxley Act. "We're delighted that Aera has selected our best-of-breed technology for general ledger reconciliation and accounting compliance," said John Harte, EVP and General Manager for Trintech. "Our best practices approach allows clients to implement an accounting compliance framework that helps them achieve new levels of regulatory control as well as drive performance and profitability. Our work with global organizations such as Hess Corporation, Calor Gas, and Enterprise Products Partners has positioned us as a strategic solutions provider to the oil and gas industry." About Aera Energy Aera Energy LLC (Aera), a California limited liability company, is one of California's largest oil and gas producers, accounting for approximately 30% of the state's production. With headquarters in Bakersfield, most of Aera's production is centered in the San Joaquin Valley. The company also has oilfield operations in the L.A. Basin and in Ventura and Monterey Counties. For more information, please visit www.aeraenergy.com. About Trintech Group Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of financial software and services specializing in reconciliation workflow, revenue enhancement, transaction risk management, and compliance for commercial, financial, and healthcare markets. For over 20 years, Trintech has been providing comprehensive, industry-leading solutions to financial departments seeking greater insight into critical transaction processes. Trintech delivers a configurable, highly scalable platform that incorporates a company's unique business processes, enabling managers to obtain greater visibility and more efficiently manage business risk throughout the transaction lifecycle. Trintech's transaction process management solutions include: ReconNET for high volume transaction reconciliation; AssureNET GL for general ledger reconciliation and certification; On-Demand solutions for ASP ReconNET and AssureNET services and the Dataflow Transaction Network for data collection and delivery; and ClearContracts, an ASP service which enables health care providers to optimize contract profitability by reconciling payments received from their patients' insurers to amounts they should have received from claims under the terms of their respective contracts. Over 450 leading companies across a variety of industries rely on Trintech products and services. Clients include: North Fork Bank, 7-Eleven, Kroger, Regal Entertainment, Accor, UPMC, Farmer's Insurance Group, YUM! Brands Restaurants, Rohm and Haas, Verizon Wireless, and Ameren. Trintech's principal business office is in Dallas, Texas, with international offices in Ireland, the United Kingdom and the Netherlands. Trintech can be reached at 15851 Dallas Parkway, Suite 900, Addison, TX 75001 (Tel 1.972.701.9802). Trintech's corporate office can be contacted at Trintech Technologies, Block C, Central Park, Leopardstown, Dublin 18, Ireland (Tel 353.1.293.9840). For more information, please visit www.trintech.com. Trintech Press Contact: Dallas: Donna Martinez, Marketing Communications Manager, Trintech Tel. +1 972 739 1611. email:[email protected]