Automated Reconciliation and Exception Management of High-Volume Accounts Saves Time

OWINGS MILLS, Md., May 06, 2008 (BUSINESS WIRE) -- Chesapeake System Solutions, Inc.(R) (www.chessys.com), an
industry leader in providing integrated software solutions that
simplify the complexities of financial and treasury management
operations, today announced that Ford Motor Company recently
implemented Chesapeake's flagship product, T-Recs(R) Enterprise, to
automate the reconciliation of corporate disbursements. The
implementation involved high-volume accounts for payroll and other
accounts payable, providing Ford an automated means to review
transactions.

T-Recs Enterprise seamlessly gathers and consolidates financial
transactions from internal and third-party sources and performs data
analysis using its powerful engine. Built-in flexibility allows Ford,
or any user, to define their own rules and tailor these parameters
down to the account level. T-Recs Enterprise also gives users the
capability to configure their exception management and resolution
process to align with existing corporate processes. Many systems on
the market today force users to conform to system-defined rules and
exception management procedures.

Peter Vogelberger, CEO, Chesapeake, says, "Chesapeake is proud
that Ford, a global automotive industry leader, selected T-Recs
Enterprise to automate this vital corporate activity. Our selection by
a corporation of this stature underscores our product's scalability
and robust functionality, helping to solidify its posture as the
perfect financial software solution for organizations of every size."

Ford also uses Chesapeake's Unclaimed Property Compliance System
(UPCS(TM)) to track and manage its unclaimed property.

About Ford Motor Company

Ford Motor Company, a global automotive industry leader based in
Dearborn, Michigan, manufactures or distributes automobiles in 200
markets across six continents. With about 245,000 employees and about
100 plants worldwide, the company's core and affiliated automotive
brands include Ford, Jaguar, Land Rover, Lincoln, Mercury, Volvo and
Mazda. The company provides financial services through Ford Motor
Credit Company. For more information regarding Ford's products, please
visit www.ford.com.

About Chesapeake System Solutions, Inc.

Chesapeake System Solutions, headquartered in Owings Mills,
Maryland, is an industry leader in providing integrated software
solutions that simplify the complexities of financial and treasury
management operations. Whether providing automated means to reconcile
cash and non-cash accounts, manage corporate treasury functions,
analyze bank account information or track unclaimed property,
Chesapeake's suite of products not only responds to specific financial
needs but also incorporates those essential higher-level functions of
financial governance, financial performance and regulatory compliance
through built-in provisions affording internal controls, data security
and process oversight. Since 1993, Chesapeake has helped national and
international organizations of every size improve productivity, lower
costs and document compliance with regulatory requirements including
Sarbanes-Oxley and PCI Standards. Chesapeake offers leading-edge
solutions, the latest technology and unparalleled customer support.
For more information about Chesapeake and its solutions, please visit
www.chessys.com or call 410-356-6805.

SOURCE: Chesapeake System Solutions, Inc.

Chesapeake System Solutions, Inc.
Jim Alsobrook, 410-356-6805, x141
jalsobrook@chessys.com
or
Press Contact:
DPR Group, Inc.
Jeanne Zepp, 240-686-1000
jzepp@dprgroup.com

Copyright Business Wire 2008