Roger Williams University and Stonehill College Partner with CBORD for Off-Campus Transactions

For Immediate Release

Ithaca, New York—The CBORD Group, Inc., the leading provider of campus card and integrated security solutions to colleges and universities, is pleased to announce the addition of two new off-campus payment partners: Roger Williams University (Bristol, RI) and Stonehill College (Easton, MA). Both schools have partnered with CBORD and UGryd^®, the company's proprietary central server transaction solution, to improve transaction times and merchant services for their already successful off-campus programs.

"We have been running our own off-campus program for six years with success, but we didn't have the internal resources to grow the program to reach student and merchant demand," says Jon Small, Director of Special Events and Conferences, Roger Williams University. "By implementing CBORD's central server technology, as well as CBORD's superior customer service for our merchant base, in a very short time we've seen tremendous growth in the number of participating merchants, as well as in the overall transaction volume."

Roger Williams previously had three merchants accepting the discretionary fund. CBORD was able to add 17 additional locations, while Stonehill had 3 existing merchants with CBORD adding an additional 12. "The flexibility of our platform allows CBORD to create expansion opportunities for schools that may already be seeing significant transactions off campus," says Shawn McCarthy, Managing Director, CBORD Off-Campus Commerce Programs. "With our IP technology processing transactions in less than five seconds and our real-time online management tool tracking each dollar, participating merchants are able to have complete insight into sales cycles, while our daily ACH settlement aids with cash flow and account reconciliation on a timely basis."

Both Roger Williams University and Stonehill College utilize CBORD's Odyssey PCS™ campus card solution. CBORD offers an industry-leading central server solution for Odyssey PCS and CS Gold^®, providing real-time connections between universities and merchants, as well as eliminating modem banks, phone lines, and other hardware on campus.

About The CBORD Group, Inc.

The CBORD Group serves colleges and universities, corporations, healthcare facilities, chain restaurants, supermarkets, and a host of other market segments. CBORD's products are used in campus ID card privilege control, access control, integrated security, housing services, food service, catering, nutrition services, online ordering, and other institution-wide activities. Founded in 1975, The CBORD Group serves more than 6,000 clients in the U.S., Canada, Europe, South Africa, the Middle East, New Zealand, and Australia. To learn more about CBORD, visit us at www.cbord.com.

The CBORD Group, Inc., operates as a unit of Roper Industries, Inc. (NYSE: ROP). Roper Industries is a market-driven, diversified growth company with trailing twelve-month revenues exceeding $2 billion, and is a component of the Fortune 1000, Standard & Poor's S&P Mid-Cap 400, and the Russell 1000 Indexes. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency, and research/medical applications.

“Our conduct office people go around with these happy grins on their faces when they talk about [Odyssey HMS] Judicial.”

— Kevin Imel, Washington State University