CrossCheck Provides Check Solutions for Ingersoll-Rand Stores

ROHNERT PARK, Calif. – CrossCheck, Inc., the nation's largest privately-held check guarantee provider, has announced that a group of 20 Ingersoll-Rand brand stores have signed up for CrossCheck's check guarantee program. The industrial tool stores will now have protection against bad checks and, utilizing CrossCheck's Premium Approval guarantee enhancement, the highest number of check approvals.

"We are pleased to be working with Ingersoll-Rand," said CrossCheck President and CEO, J. David Siembieda. "With our program in place, they can safely and efficiently accept check payments, resulting in more sales and better customer service."

Ingersoll-Rand brand products include air- and water-cooled air compressors; air- and electric-powered automotive tools; engine starting systems for gas, diesel and turbine applications; and ergonomic fastener tightening systems. Ingersoll-Rand brand equipment also includes infrastructure machinery for drilling, road development, and portable power. Ingersoll-Rand Brand products are owned by parent company Ingersoll-Rand, which also owns Schlage locks and Bobcat work machines brands.

Founded in 1983, CrossCheck provides payment guarantee solutions to more than 79,000 retail and dealer outlets nationwide and handled more than $10.2 billion in guaranteed transactions in 2002. Its goal for nearly two decades has been to provide merchant customers with increased profitability while reducing their financial risk. CrossCheck is known for industry firsts and cutting-edge technology in the point-of-sale financial services marketplace. For more information, visit CrossCheck's Web site at www.cross-check.com or call (800) 654-2365.




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