DOVER, NH -- (Marketwire) -- 11/14/12 -- Relyco®, a leading provider of electronic payment and payroll solutions, today announced that the New England Chapter of the Institute of Financial Operations (IFO) has appointed Michael Johnson, Relyco's vice president of e-Payment solutions, to the position of communications and membership officer. Mr. Johnson will help to promote the membership benefits and ideals of the IFO through social media tactics to help grow the organization and extend awareness.

Additionally, Johnson and Relyco launched a new e-Payment Solutions Blog to help educate and inform the market on e-Payment technologies, solutions, and benefits. To view the new e-Payment Solutions Blog, please go here: http://relyco.com/blog/paymode-x/.

"Mike is a great addition to our team as we instantly saw the value he could provide in this position from his activities as a contributor on our LinkedIn group page," said Josh Morrison, vice president of the New England IFO and senior manager of strategic sourcing at C&S Wholesale Grocers. "We look forward to leveraging his social media skills to build awareness for our chapter as our membership increases and we become the de facto resource for information on all financial operations topics."

As vice president of e-Payment solutions, Mr. Johnson leads the company's initiative to help transition customers from traditional methods of paper-based check payments to time and money saving electronic payment methods for accounts payable and payroll. These solutions include:

• Paymode-X - the largest and fastest growing settlement network and makes paper-to-electronic payment migration fast, safe, and easy.
• rapid! Payroll PayCards - a solution that eliminates the need for paper-based checks by offering employees "accepted anywhere" prepaid debit PayCards - reducing costs and improving efficiencies.
• DocAgent - a secure online pay stub, W-2 and 1099 solution that significantly reduces operating expenses related to printing and delivering payroll stubs and tax documents.

"In the same manner companies are changing how they process payments from traditional paper check methods to more streamlined electronic processes, the industry is also changing how it networks with peers and shares ideas to make operations better," said Mr. Johnson. "I'm excited to use the same social media skills that are enabling my organization to be successful in this market to help the New England IFO."

For more than 23 years, Relyco has been a premier supplier of laser checks and payment solutions. As an active member of the American National Standards Institute (ANSI) ASC X9AB check processing committee, customers look to Relyco for expert advice. Recently, Relyco introduced new e-Payment solutions that enable organizations to quickly set up electronic vendor payments and distribute payroll checks online.

About Relyco
With over 20,000 customers worldwide, Relyco is a leading provider of value-added business printing and payment solutions, including custom digital packaging, waterproof paper, e-Payment software, carbonless laser forms, and more. As one of the largest distributors of laser and digital applications, including laser checks and other high-security documents, Relyco's long-standing membership in the ASC X9AB check processing committee and extensive experience with fraud prevention strategies and new forms technologies positions it as the most innovative leader in the business printing solutions field. Relyco's customers include Google, PepsiCo, Samsung, Adobe and Microsoft. For more information, please visit www.relyco.com.

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