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Recovery Audit Solution Provider Opens New Office in Herndon Virginia
FISCAL Technologies move office from Plano, Texas to Herndon, Virginia

READING, UK. – 12th September 2007 - FISCAL Technologies, providers of world class duplicate payment detection software and services, today announced that it has relocated their US Division from Plano, Texas to Herndon, North Virginia.

Herndon, North Virginia is 10 miles west of Washington DC and sits in the middle of the regions hi-tech corridor and is home to offices of SAIC, LaFarge, Microsoft and Oracle. The area is growing rapidly with a high proportion of its working population operating in the professional, IT, telecoms and scientific industries.

David Griffiths, Director of Customer Development, says “the move is important to ensure we can continue to grow by taking on high quality individuals who can provide an excellent customer service to our US customers such as SAIC and LaFarge.”

David goes on to add that “the US is a growing market for us, as many Accounts Payable departments in large organisations realise they want to control their own duplicate payment checking and not outsource to recovery auditors. We are looking to invest further in our facilities and build up the senior management team to support the US customer base”

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About FISCAL Technologies

FISCAL Technologies Ltd, founded in 2002, provides world class duplicate payment software to corporations, financial institutions and banks. Organisations trust these solutions to meet their needs for cost reduction, fraud detection and optimisation of working capital.

Duplicate Payment Finder locates duplicate payments and incorporates one of the industry’s best algorithms. It has been used to scan hundreds of millions of payments across the globe. For more information, please visit www.fiscaltechnologies.com.

FISCAL Technologies and the FT logo are trademarks of FISCAL Technologies Ltd. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders.

Media Contacts:

David Setty
FISCAL Technologies Ltd
+44 (0)845 680 1905
dsetty@fiscaltechnologies.com

Cautionary Language

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions.

This press release was distributed by ResponseSource Press Release Wire on behalf of Fiscal Technologies Ltd in the following categories: Business & Finance, for more information visit http://pressreleasewire.responsesource.com/about.