NoteServe Contract Servicing Software Enhanced

ANGEL FIRE, New Mexico —October 14, 2006 — WorldSharp Technologies, Inc. today announced the availability of NoteServe 2007, giving users new state of the art processing features for the note and loan servicing software package. The new security and audit features along with Microsoft Sequel Server 2005 support insures that clients using the product will be well positioned for the future and will be able to continue to upgrade to the latest computer hardware and operating software.

NoteServe is designed to process payment and disbursement activity for notes and loans. Clients of the package include banks, financial institutions, contract servicing companies and individuals. Bobby Anderson, President of WorldSharp Technologies said that the product is frequently used to service private contract notes or loans between individuals when a neutral third party processor is required. An example might be when a land or real estate contract buyer would send a payment to a servicing company and that company would calculate principal and interest and disburse funds to the seller or sellers.

When NoteServe is delivered, several supporting WorldSharp software packages are included. The WorldSharp ACH Item Preparation System creates NACHA files for automatic charges and deposits to checking and savings accounts. The WorldSharp Check Reconciliation System interfaces with NoteServe for issued items and imports electronic statement information from banks for paid item information. Information is ported to the WorldSharp 1099 Item Preparation System so that 1098’s and 1099’s may can be printed and electronically reported to the IRS. WorldSharp also provides an internet data hosting service to clients of NoteServe so that the client’s customers can access their account information via the internet.

Hal Beswick, director of Marketing for NoteServe said that many of the new processing features of NoteServe 2007 make the operation of the system more efficient and make the daily tasks easier to manage. Many fields are populated automatically and transactions appearing in lists and grids are color coded so that specific transactions stand out. Clients can now easily access scanned documents such as deeds and contracts as part of the account information available. Account balances, activity, histories or payoffs can be included in emails or as PDF attachments. NoteServe can now receive and provide electronic files associated with county property tax payments.

For additional information on NoteServe 2007, contact Hal Beswick or Pam Mayes (505)445-2504 or visit www.NoteServe.com. Inquires may also be addressed to info@noteserve.com. WorldSharp provides online demonstrations of NoteServe over the internet. Microsoft Sequel Server 2005 is a product of Microsoft Incorporated.

Pam Mayes or Hal Beswick
WorldSharp Technologies, Inc.
P.O. Box 699
Angel Fire, NM 87710
(505)445-2504
info@worldsharp.com
www.worldsharp.com

WorldSharp Technologies, Inc. is located in Angel Fire, New Mexico and provides financial software packages primarily to banks and financial institutions. For additional information about WorldSharp visit www.WorldSharp.com.

This release was published on openPR.