FISCAL Technologies Rebrands from Montrose Financial
Montrose Financial changes its name to FISCAL Technologies Ltd

READING, UK. – 1st May, 2007 - FISCAL Technologies, providers of world class duplicate payment detection software and services, today announced that it has changed its company name from Montrose Financial Ltd to FISCAL Technologies Ltd as part of its new corporate-wide strategic rebranding and marketing initiatives.

This rebranding covers all aspects of FISCAL Technologies marketing communications, including the website, brochures and other marketing materials. Wayne Helmore, Head of Marketing, commented that “this rebranding is by no means a cosmetic make-over. Our objective is for FISCAL to be seen as the specialist provider of financial applications for Accounts Payable and Audit Departments”. He continues “our goal is to reinforce the strong and recognisable brand of FISCAL Technologies in Europe and the United States”.

David Griffiths, Director of Customer Development, says “we are building the FISCAL brand around the customer and are passionate about being known for developing great payment recovery software”

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About FISCAL Technologies
FISCAL Technologies Ltd, founded in 2002, provides world class duplicate payment software to corporations, financial institutions and banks. Organisations trust these solutions to meet their needs for cost reduction, fraud detection and optimisation of working capital.

Duplicate Payment FinderTM locates duplicate payments and incorporates one of the industry’s best algorithms. It has been used to scan hundreds of millions of payments across the globe. For more information, please visit www.fiscaltechnologies.com.

FISCAL Technologies and the FT logo are trademarks of FISCAL Technologies Ltd. which may be registered in certain jurisdictions.  All other brand/product names are trademarks of their respective holders.

Media Contacts:
David Setty
FISCAL Technologies  Ltd 
+44 (0)845 680 1905
dsetty@fiscaltechnologies.com                                                    

Cautionary Language
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors.  Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions.