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To: Dan P who wrote (108)	6/28/2001 9:48:42 AM
From: AugustWest	of 122

LML Announces Phoenix EPS Agreement Amended VANCOUVER, British Columbia, Jun 28, 2001 /PRNewswire via COMTEX/ -- LML Payment Systems Inc. (the "Corporation") (Nasdaq: LMLP) announces it has entered into an amending agreement (the "Amending Agreement") with respect to its purchase of Phoenix EPS Inc. on July 9, 2000. As part of that transaction, the Corporation agreed to certain price protection covenants for the benefit of the former shareholders of Phoenix EPS that involved the further issuance of additional common shares of the Corporation. Rather than having the former shareholders of Phoenix EPS sell all their original shares and then exercise the price protection mechanism, the Corporation has agreed to issue an additional 679,134 shares of the Corporation's common stock to the former shareholders of Phoenix EPS Inc. The Corporation's common shares issued pursuant to the Amending Agreement are being issued as restricted securities and may only be resold under Rule 144 as currently in effect or, alternatively, registration under the 1933 Act or in compliance with another exemption from registration requirements. "The original price protection mechanism was predicated in part, on the former Phoenix shareholders selling all of the LML shares they had received in the original transaction and then being issued new additional shares based upon a present share value significantly lower than the original share value. This amendment satisfies our obligations regarding price protection and is something we believe to be in the current and future best interests of all our shareholders," said Corporation President and CEO, Patrick H. Gaines. The Corporation, through its subsidiary LML Payment Systems Corp., is a financial payment processor providing end-to-end check processing solutions including Electronic Check Conversion (whereby paper checks are converted into electronic transactions), electronic check verification, electronic check re-presentment (whereby returned paper checks are re-presented for payment electronically), and primary and secondary check collection to supermarkets, grocery stores, multilane retailers, convenience stores and other national, regional and local retailers. We also specialize in providing selective routing, including real-time monitoring of check, debit, credit and EBT transactions for authorization and settlement through our flagship transaction processing product REPS (Retail Electronic Payment System). The Corporation's intellectual property estate, owned by subsidiary LML Patent Corp, includes new U.S. Patent No. 6,164,528 regarding Internet checking transactions, in addition to U.S. Patent No. 5,484,988 which describes a "Checkwriting point of sale system," which, through a centralized database and authorization system, is capable of providing and administering various electronic payment services for customers and businesses. Also included in our intellectual property estate is a recently received Notice of Allowance from the United States Patent and Trademark Office for a new patent based upon United States Patent Application Serial No. 09/562,303. The new patent describes corporate checks and electronic fund transfers (EFT) and relates to existing U.S. Patent No. 6,164,528 and U.S. Patent No. 5,484,988 (described above). Statements contained in this news release which are not historical facts are forward-looking statements, subject to uncertainties and risks. For a discussion of the risks associated with the Corporation's business, please see the documents filed by the Corporation with the SEC. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE LML Payment Systems Inc. CONTACT: Patrick H. Gaines, President and CEO, 604-689-4440, or Invest r Relations, 800-888-2260, both of LML Payment Systems Inc. (LMLP) prnewswire.com Copyright (C) 2001 PR Newswire. All rights reserved. -0- KEYWORD: British Columbia Arizona INDUSTRY KEYWORD: CPR FIN OTC SUBJECT CODE: CON OTC * end of story *

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To: AugustWest who wrote (109)	6/30/2001 7:04:32 PM
From: Dan P	of 122

News release: Financial report: Regards Dan June 29, 2001 LML ANNOUNCES FOURTH QUARTER AND YEAR END RESULTS FOR FISCAL 2001 Corporation reports record fourth quarter revenues of $2.9 million; three consecutive quarters of revenue growth; and year end revenue of $10.1 million representing growth of 237% VANCOUVER, BC, June 29, 2001 – LML PAYMENT SYSTEMS INC. (the "Corporation") (Nasdaq: LMLP) today filed its Annual Report on Form 10-K for the fiscal year ended March 31, 2001 (the "Form 10-K") with the Securities and Exchange Commission with respect to results for its fiscal year ended March 31, 2001. For more information regarding LML’s results for the fiscal year ended March 31, 2001, please see the Form 10-K as filed with the SEC. LML is pleased to announce record fourth quarter revenues of approximately $2.9 million, an increase of approximately 10% or $267,342 from the fourth quarter last year and an increase of 12% from revenue of $2.6 million from the third quarter. LML had earlier reported first and second quarter revenues of $2.1 million and $2.5 million respectively. Earnings before income taxes, interest expense, depreciation and amortization for the fourth quarter was a loss of ($1.3 million) or ($0.07) per share. Net loss for the fourth quarter was ($2.5 million) or ($0.15) per share which includes $1.2 million in non-cash amortization and depreciation expenses primarily associated with recent corporate acquisitions. For the year ended March 31, 2001, LML earned record revenues of approximately $10.1 million, an increase of approximately 237% or $7.1 million from last year. Earnings before income taxes, interest expense, depreciation and amortization for the year was a loss of ($1.9 million) or ($0.11) per share. Net loss was ($5.2 million) or ($0.34) per share which includes $3.1 million in non-cash amortization and depreciation expenses primarily associated with recent corporate acquisitions. Highlights: LML reports three consecutive quarters of revenue growth for the fiscal year 2001. LML reports record revenue of $2.9 million for the fourth quarter LML reports record revenue of $10.1 million for the year The Corporation, through its subsidiary LML Payment Systems Corp., is a financial payment processor providing check processing solutions including Electronic Check Conversion (whereby paper checks are converted into electronic transactions), electronic check verification, electronic check re-presentment (whereby returned paper checks are re-presented for payment electronically), and primary and secondary check collection to supermarkets, grocery stores, multilane retailers, convenience stores and other national, regional and local retailers. We also specialize in providing selective routing, including real-time monitoring of check, debit, credit and EBT transactions for authorization and settlement through our flagship transaction processing product REPS (Retail Electronic Payment System). The Corporation’s intellectual property estate, owned by subsidiary LML Patent Corp, includes new U.S. Patent No. 6,164,528 regarding Internet checking transactions, in addition to U.S. Patent No. 5,484,988 which describes a "Checkwriting point of sale system." which, through a centralized database and authorization system, is capable of providing and administering various electronic payment services for customers and businesses. Also included in our intellectual property estate is a recently received Notice of Allowance from the United States Patent and Trademark Office for a new patent based upon United States Patent Application Serial No. 09/562,303. The new patent describes corporate checks and electronic fund transfers (EFT) and relates to existing U.S. Patent No. 6,164,528 and U.S. Patent No. 5,484,988 (described above). Statements contained in this news release which are not historical facts are forward-looking statements, subject to uncertainties and risks. For a discussion of the risks associated with the Corporation’s business, please see the documents filed by the Corporation with the SEC.

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To: Dan P who wrote (110)	12/11/2002 9:36:33 AM
From: AugustWest	of 122

(COMTEX) B: LML and CheckFree Partner to Deliver End-to-End Check Conversion Solution for Lockbox Partnership Will Allow Financial Institutions to Expand Their ACH Operations To Deliver Suite of Check Conversion Services With The Simplicity Of a Single Provider ATLANTA and VANCOUVER, British Columbia, Dec 11, 2002 /PRNewswire-FirstCall via COMTEX/ -- CheckFree Corporation (Nasdaq: CKFR) and LML Payment Systems Inc. (Nasdaq: LMLP) today announced a partnership through which LML will provide key technology for CheckFree's ARC check conversion strategy. LML Payments is an established leader in services for point-of-sale (POS) check conversion and also holds strategic patents related to check electronification. Through this alliance, LML Payments will provide the tools required to efficiently convert the MICR check data into a format that can be used by the ACH. By integrating LML's patented technology into its PEP+ platform, CheckFree will offer banks and their large remittance customers a suite of solutions tailored to meet the high demands of a successful lockbox check conversion implementation. Those financial institutions that view check conversion as a natural extension of their ACH strategies can now access software and services as well as related professional and customer service from a single source. The most recent ACH data indicates that over 8 billion payments were processed last year on the network. Industry sources believe that the number of paper payments sent to remittance lockboxes last year also exceeded 8 billion payments. As check conversion becomes a reality in the remittance- processing environment, the number of electronic ACH items has the potential to nearly double. "We believe that there is enormous potential for this partnership with CheckFree, which has been recognized as the standard for ACH processing solutions for well over 25 years," said Patrick H. Gaines, president and CEO of LML Payment Systems. "With the advancements in technology and regulatory oversight, the migration of more payments from paper checks to ACH items holds many benefits for large remittance operations. Banks will be looking to their own ACH operations for not only the capabilities but also the capacity to tackle the needs of their largest and most strategic corporate relationships." "LML Payment Systems will complement our own efforts to offer financial institutions a single source for check conversion software, processes and service. Additionally, both companies share comparable development environments, which will enable us to quickly respond to the growing demand for ARC solutions," said Denny Oswalt, senior vice president and general manager of CheckFree's ACH Business Unit. "Not only is LML a leader in technology that makes the electronification of checks a reality, but they also have a proven track record for supporting high volumes combined with high quality." CheckFree's new product will offer capabilities that parties are looking to the ACH solution to provide, including: * Highly successful MICR Parsing and decision-based controls to determine which items are to be converted. * Integration with third party databases to ensure viability of converted items across a variety of architectures and networks. * Scalability for the anticipated growth in ACH volumes at banks, which leverage this new service opportunity. * Ability to leverage existing investments in technology by utilizing the same platform currently used by remittance solutions and PEP+. * Minimal impact to current processes employed by remittance operations at the bank and corporate banking customers. * Increased visibility into the ACH processes to facilitate the large demand created by retail customers. * Consolidated management controls and reporting for converted items. By offering check conversion services as part of existing ACH operations, financial institutions can manage check conversion exceptions with the same processes used for other ACH transactions. * Customer support and implementation services will be provided by CheckFree's highly knowledgeable staff. About LML Payment Systems Inc. (www.lmlpayment.com ) LML (Nasdaq: LMLP), through its subsidiary LML Payment Systems Corp., is a financial payment processor providing check processing solutions including electronic check authorization, electronic check conversion (ECC) and primary and secondary check collection including electronic check re-presentment (RCK) to national, regional and local retailers. We also provide selective routing of debit, credit and EBT transactions to third party processors and banks for authorization and settlement. The Corporation's intellectual property estate, owned by subsidiary LML Patent Corp, includes U.S. Patent No. 6,354,491, No. 6,283,366, No. 6,164,528 and No. 5,484,988 all of which relate to electronic check processing methods and systems. About CheckFree (www.checkfreecorp.com ) CheckFree is the leading provider of financial electronic commerce services and products. Founded in 1981 and celebrating its 22nd year in e-commerce, CheckFree is comprised of three divisions: Electronic Commerce, Software, and Investment Services. CheckFree launched the first fully integrated electronic billing and payment solution in 1997. In the quarter ended September 30, 2002, more than seven million consumers initiated online payments through services offered by CheckFree's Electronic Commerce division. The company has multi-year contracts with 265 of the nation's top billers to provide online billing and payment through 657 financial services organizations, including banks, brokerage firms, Internet portals and content sites and personal financial management (PFM) software. CheckFree Investment Services provides a broad range of investment management services to thousands of financial institutions nationwide. The division's clients manage about 1.2 million portfolios totaling more than $500 billion in assets. CheckFree's Software division provides solutions through three operating units: CheckFree ACH Solutions, CheckFree Financial and Compliance Solutions (CFACS), and CheckFree i-Solutions. CheckFree ACH Solutions provides software and services that are used to process more than two-thirds of the nation's eight billion Automated Clearing House payments, while CFACS provides reconciliation and compliance software and services to more than 400 organizations in the banking, brokerage, utility, retail, insurance and credit card industries, among others. CheckFree i-Solutions is the leading provider of e-billing and e-statement software and services for both business-to- consumer and business-to-business applications, with more billers as clients than all of its competitors have combined. Certain of CheckFree Corporation's (Company's) statements in this press release are not purely historical, and as such are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements regarding management's intentions, plans, beliefs, expectations or projections of the future. Forward-looking statements involve risks and uncertainties including, without limitation, the various risks inherent in the Company's business, and other risks and uncertainties detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including the Company's Form 10-K for the year ended June 30, 2002 (filed September 26, 2002) and Form 10-Q for the quarter ended September 30, 2002 (filed November 15, 2002). One or more of these factors have affected, and could in the future affect, the Company's business and financial results in future periods, and could cause actual results to differ materially from plans and projections. There can be no assurance that the forward-looking statements made in this document will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to management, and the Company assumes no obligation to update any forward-looking statements. LML Safe Harbour statement: "Statements contained in this news release, which are not historical facts are forward-looking statements, subject to uncertainties and risks. For a discussion of the risks associated with LML's business, please see the documents filed by LML with the SEC. " SOURCE CheckFree Corporation CONTACT: media, Judy DeRango Wicks, +1-678-375-1595, or jdwicks@checkfree.com, or investors, Tina Moore, +1-678-375-1 78, or tmoore@checkfree.com , both of CheckFree; or LML Payment Syst ms Inc., Investor Relations, 1-800-888-2260 /Company News On-Call: prnewswire.com 821650.html URL: checkfreecorp.com prnewswire.com Copyright (C) 2002 PR Newswire. All rights reserved. -0- KEYWORD: Georgia British Columbia INDUSTRY KEYWORD: FIN CPR MLM ECM STW SUBJECT CODE: JVN * end of story *

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From: Thomas Kirwin	1/31/2010 6:19:20 PM
	of 122

12/31/09 - RBS Citizens Bank Enters Into License Agreement With LML VANCOUVER, British Columbia, Dec. 31, 2009 (GLOBE NEWSWIRE) -- LML Patent Corp. ("LML"), a wholly-owned, indirect subsidiary of LML Payment Systems Inc. (the "Corporation") (Nasdaq:LMLP - News) announced today that RBS Citizens Bank N.A. ("RBS") has entered into a Settlement and License Agreement (the "Agreement") with respect to litigation filed by LML in the US District Court for the Eastern District of Texas alleging that RBS infringed U.S. Patent No. RE40220. The Agreement provides RBS with a license to LML's patents for electronic check conversion transactions including "ARC", "WEB", "POP", "TEL" and "BOC". In connection with the Agreement, RBS has agreed to pay LML compensation in the amount of $1,150,000 for releases, licenses, covenants and all other rights granted under the Agreement. The remaining financial terms of the Agreement are confidential. "We are extremely pleased to have settled our litigation with RBS and we welcome them as valued licensees," said Patrick H. Gaines, chief executive officer. LML was represented in the license negotiations by the law firm McKool Smith P.C. About LML Payment Systems Inc. (www.lmlpayment.com) LML Payment Systems Inc., through its subsidiaries Beanstream Internet Commerce Inc. in Canada and LML Payment Systems Corp. in the U.S., is a leading provider of financial payment processing solutions for e-commerce and traditional businesses. We provide credit card processing, online debit, electronic funds transfer, automated clearinghouse payment processing and authentication services, along with routing of selected transactions to third party processors and banks for authorization and settlement. Our intellectual property estate, owned by subsidiary LML Patent Corp., includes U.S. Patent No. RE40220, No. 6,354,491, No. 6,283,366, No. 6,164,528, and No. 5,484,988 all of which relate to electronic check processing methods and systems.

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To: Thomas Kirwin who wrote (112)	1/31/2010 6:20:45 PM
From: Thomas Kirwin	of 122

01/12/10 - LML Regains Compliance With NASDAQ Listing Rule Companies:Lml Payment Systems Inc. VANCOUVER, British Columbia, Jan. 12, 2010 (GLOBE NEWSWIRE) -- LML Payment Systems Inc. (the "Corporation") (Nasdaq:LMLP - News) received written notification from The NASDAQ Stock Market LLC ("NASDAQ") on January 11, 2010 advising it has regained compliance with NASDAQ Marketplace Rule 5550(a)(2) (the "Minimum Bid Price Rule") which requires listed companies to maintain a minimum bid price of $1.00 per share. The letter stated that the Corporation's common stock had closed above the $1.00 minimum bid price for 10 consecutive trading days. Therefore, the Corporation had regained compliance and NASDAQ advised that the matter is now closed. About LML Payment Systems Inc. (www.lmlpayment.com) LML Payment Systems Inc., through its subsidiaries Beanstream Internet Commerce Inc. in Canada and LML Payment Systems Corp. in the U.S., is a leading provider of financial payment processing solutions for e-commerce and traditional businesses. We provide credit card processing, online debit, electronic funds transfer, automated clearinghouse payment processing and authentication services, along with routing of selected transactions to third party processors and banks for authorization and settlement. Our intellectual property estate, owned by subsidiary LML Patent Corp., includes U.S. Patent No. RE40220, No. 6,354,491, No. 6,283,366, No. 6,164,528, and No. 5,484,988 all of which relate to electronic check processing methods and systems.

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From: Thomas Kirwin	2/12/2010 3:09:53 AM
	of 122

02/11/10 - LML Reports Profitable Results for the Third Quarter and Nine Month Period of Fiscal 2010 Revenue and Profitability Continue to Increase as Company Reports Net Earnings of $0.04 Per Share VANCOUVER, British Columbia, Feb. 11, 2010 (GLOBE NEWSWIRE) -- LML Payment Systems Inc. ("LML") (Nasdaq:LMLP), a leading payments technology provider of financial payment solutions for e-commerce and traditional businesses, reports results for its third quarter and nine month period ended December 31, 2009. Revenue for the third quarter ended December 31, 2009 was $4,743,000, an increase of 56% over the $3,037,000 in revenue for the third quarter ended December 31, 2008. GAAP net income for the quarter was $616,000, or $0.02 per share, compared to GAAP net income of $281,000, or $0.01 per share, for the third quarter ended December 31, 2008, an improvement of $335,000 or $0.01 per share. Non-GAAP net income was $1,057,000, or $0.04 per share, compared to $501,000, or $0.02 per share, for the third quarter last year. Non-GAAP net income excludes stock-based compensation, depreciation and amortization, and other non-cash items. A reconciliation of GAAP to non-GAAP financial measures is attached. Revenue for the nine month period ended December 31, 2009 was $11,230,000, an increase of 20.7% from revenue of $9,302,000 for the nine month period ended December 31, 2008. GAAP net income for the same period was $1,071,000, or $0.04 per share, compared to GAAP net income of $300,000 or $0.01 per share, for the same period during fiscal 2009, an improvement of $771,000. Non-GAAP net income for the nine month period ended December 31, 2009 was $2,264,000, or $0.08 per share, compared to $1,613,000, or $0.06 per share, for the same period last year. "We are pleased with our progress and results. For the quarter, revenue for our Transaction Payment Processing segment increased 20% in Canadian dollars, or 37% in U.S. dollars. These profitable results allowed us to continue to make investments in the growth of our business, and this past quarter we increased spending in product development and sales and marketing by 141% and 37% respectively. As anticipated, we saw a decline in check processing revenue but still produced profitable results from the segment as well. Revenue from our intellectual property segment increased approximately 256% for the quarter and 91% for the first nine months driven by our recent settlement with one defendant and by increases in running royalties from existing licensees. We continue to believe in the validity and enforceability of our intellectual property as we continue to move forward with licensing and enforcement action," said Patrick H. Gaines, Chief Executive Officer. Q3 Highlights -Overall revenue increased 56% -Transaction Payment Processing segment revenue increased 20% in Canadian dollars, or 37% in U.S. dollars -Net income of $616,000 compared to $281,000 last year, an improvement of $335,000 -Subsidiary settles lawsuit and provides patent license to 1 of 25 defendants in Texas litigation -EPS increased to $0.02 9 Months Highlights -Overall revenue increased 21% -Transaction Payment Processing segment revenue increased 20% -Net income of $1,071,000 compared to $300,000 last year, an improvement of $771,000 -EPS increased to $0.04 Conference Call Management will host a conference call on February 11, 2010 at 1:30pm Pacific Time (4:30 pm Eastern Time) to discuss these results. To participate in the conference call, please dial in 5-10 minutes before the start of the call and follow the operator's instruction. If you are calling from the United States or Canada, please dial 800-768-8804. International callers please dial 212-231-2905. If you are unable to join the call, a telephone replay will be available through February 23, 2010 by dialing 800-633-8284 from within the U.S. or Canada, or 402-977-9140 if calling internationally. Please reference reservation number 21459088 when prompted. About LML Payment Systems Inc. lmlpayment.com

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