ATLANTA, Ga., December 12, 2006- Avalon International, a software manufacturer specializing in Payment Solutions Built for Check 21, is pleased to announce that Stewart Peretz has joined the company as Executive Vice President of Sales and Marketing. Stewart brings with him 28 years of Financial Service industry experience in the US and internationally.

Most recently Stewart was Vice President of Sales at Unisys Corporation, leading their Financial Services Sales and SME teams. Prior to that Stewart was Director of Financial Services Sales and Director of Financial Services Partner Sales at BearingPoint. Stewart was with Data General, Dow Jones & IBM early in his career.

"We expect to continue the rapid growth we experienced in 2006, and with Stewart's help, we will expand our market penetration through major industry partners and direct sales." said Seth Narayanan, President of Avalon International, Inc. Stewart added "I am very excited to be joining Avalon at a time of great momentum in the payments industry brought on by Check21. Avalon's ImagePoint product suite is already receiving accolades from industry leaders and 2007 looks to be a great year with the planned 1st Quarter delivery of Branch Capture and Merchant Capture.".

ABOUT AVALON INTERNATIONAL INC.
Founded in 1991, Avalon International is a fast-growing provider of software products for the Check21 marketplace. Combining intellectual capital with precision thinking and relentless execution skills, the company delivers unique, powerful and reliable software solutions. Its flagship product ImagePoint, built for Check21 from the ground up using Microsoft .NET, Web Services and uses SQL Server and Oracle. Avalon combines today's technology and the latest in regulatory advances in banking to deliver a set of powerful solutions to its customers. The company is headquartered in Norcross, GA. For more information, call 888-21-AVALON or visit its Web site at www.avalonintl.com.