Avalon Launches FITDEPOSIT - A Bank Agnostic Remote Deposit Capture Service

ATLANTA, Ga., October 22, 2007—Avalon International announced today the launching FITDEPOSIT a bank agnostic ASP hosted service for Remote Deposit Capture at the AFP Annual Conference in Boston.  This service can be used by corporate customers and banks that want to attract corporate customers with multiple bank relationships.

"Avalon is happy to offer the FITDEPOSIT remote deposit capture service to corporate customers that maintains banking relationships with multiple banks for various strategic reasons” said Seth Narayanan, President and CEO of Avalon International.  “We recognize the need for such a service based on feedback from several large corporate customers”.

This service will also enable banks to offer an outsourced solution to its commercial customers that have multiple bank relationships.  FITDEPOSIT provides customers several benefits that include: improving cashflow, lowering bank fees, outsourced solution and interfacing to existing POS systems.

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.  ImagePoint, its flagship product, is built for Check21 from the ground up using Microsoft .NET, Web Services and features 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, contact Ms. Carrie Grillo 888-21-AVALON, carrie.grillo@avalonintl.com or visit its Web site at www.avalonintl.com.