NEW YORK, Feb. 27, 2006 SQN Banking Systems, a leading provider of integrated fraud detection and process improvement products for the financial industry, announced that it has entered into a preferred partner agreement with the New York Bankers Service Corporation (NYBSCO), a wholly-owned subsidiary of the New York Bankers Association, Inc. (NYBA), to promote their fraud solutions.

SQN Banking Systems offers the industry’s most comprehensive line of fraud detection software to help stop check fraud and streamline banks’ operations. SQN’s software is completely integratable with existing systems and SQN can provide on-site installation and comprehensive, customer support and technical support for the program.

“Our NYBSCO Board of Directors was impressed by SQN’s comprehensive yet easy to use Fraud Detection Software, and unanimously agreed that SQN Banking Systems would be the most efficient and effective provider to serve the critical needs of our diverse members,” said Mike Smith, president and CEO of the NYBA. “We are very pleased to add them to the list of the many income-producing and cost-saving products and services offered by the Association.”

“The New York Bankers Association is one of the most influential and diversified state bankers associations in this country,” said Joe Uhland, Jr., president of SQN Banking Systems. “We are proud to be a partner of this wide-reaching association and we look forward to providing its members with the best products and services available.”

About the New York Bankers Association
For more than a century, the NYBA has been at the vanguard of the financial services industry. Today, NYBA represents 13 of the top 30 commercial banks in the nation, as well as regional banks and over 100 community banks, employing 320,000 New Yorkers and holding a combined $3 trillion in assets.

About SQN Banking Systems
For more than 20 years, SQN Banking Systems has provided integrated fraud detection and process improvement products for the financial industry, meeting the needs of financial institutions of all sizes. The SENTRY suite of products includes software for exception item processing, image fraud detection tools, automated signature comparison, signature verification and display, transaction analysis and safe deposit operations management. More than 500 SQN customers have improved their earnings and reduced check fraud losses by as much as 84 percent with SENTRY. For more information, visit SQN's Web site at www.sqnbankingsystems.com.

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