The VECTOR Image Exchange Solution positions financial
institutions to receive and process files, identify exception items
and process exceptions via image. The solution also performs
"virtual" capture and reject repair and automated balancing to
complete the transactions. Banco Popular ,
a $44.

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With the firm's recent successful exits in
China (Amperex Technology Ltd. Ta-lin Hsu ,
founder and Chairman of H+Q Asia Pacific. Hsu added. Founded in 1985 by Dr. Its selection of VECTORsgi is a resounding confirmation of
our vanguard position in the imaging marketplace.

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"Having worked with VECTORsgi for 20 years, it was our company of
choice to propel us into the future," said Raul Aponte, senior vice
president of the transaction processing division at EVERTEC.

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"We are very excited about the
investment opportunities across the Asian landscape and believe that we are
well-positioned to take advantage of these opportunities," Dr.

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It will later be offered to financial institutions
throughout the rest of the Caribbean and Latin America.

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1
billion in committed capital.1 billion through offices in the
Silicon Valley, Hong Kong, Manila, Seoul, Shanghai , Singapore, Taipei, and
Tokyo., (Nasdaq:BPOP) (Nasdaq:BPOPO) selected the VECTOR Image
Exchange Solution to enable Caribbean and Latin American financial
institutions to conduct image exchange with the United States.

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"With the proliferation of Asian funds in the market, we are appreciative
of the support and confidence that our limited partners have vested in H+Q
Asia Pacific, and we will work hard to deliver returns," said Dr.com.

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) and in Japan (GDH, formerly Gonzo Digimation
Holding ), APGF V builds on the success and experience gained from prior H+QAP
regional funds and leverages the firm's platform and seven-office network in
the Asia Pacific region.

EVERTEC Selects VECTORsgi to Enable Image Exchange in the Caribbean and Latin America; VECTORsgi Solution Allows Electronic Exchange to the United States

"VECTORsgi is proud to provide the conduit for international check
image exchange," said Sydney Smith Hicks, president and CEO of
VECTORsgi.S. The option also eliminates the chance of backlog due to
weather-related circumstances such as hurricanes or unforeseen events . Its groundbreaking presence in the Caribbean and Latin
America marks the beginning of a new stage of benefits resulting from
Check 21. It is the leading provider of transaction processing,
information management solutions, and ATM network in Puerto Rico and
the Caribbean.
The Addison, Texas-based company, founded in 1976, provides
innovative solutions not only to help financial institutions and
corporations streamline their payment systems and operations, but also
to leverage their image processing investment and maximize the
benefits of check truncation.

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"This offering will open the doors for the Caribbean and
Latin America to eliminate the geographic barriers between financial
institutions. "EVERTEC
needed a solution that would meet the needs of a variety of financial
institutions and VECTORsgi provided just that.

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H+Q Asia Pacific Raises $500 Million for North Asian Buyouts

P.

APGF V will generally invest in the North Asian markets
of Japan, South Korea, and Greater China in later stage and larger-sized deals
where it has either control or significant influence, while H+Q-NPS Fund I
will adopt the same strategy focused solely on Korea.

About H+Q Asia Pacific
H+Q Asia Pacific is a premier private equity firm that invests throughout
the Asia Pacific region.

Business Editors/Banking Writers/Technology Editors

ADDISON, Texas----VECTORsgi , a
Metavante company and a leading provider of financial transaction
applications, announced that San Juan-based EVERTEC, a subsidiary of
Popular, Inc."
Offering an image exchange option to local banks will dramatically
reduce transportation costs for moving checks between islands and the
U .

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VECTORsgi.

mcdonald asia

SHANGHAI, China, H+Q Asia Pacific ("H+QAP") today
announced that it has successfully raised $500 million for the north Asian
region through its latest funds, Asia Pacific Growth Fund V, L. Images are transmitted quickly over
a secure, managed network to other financial institutions , shortening
the traditional settlement process."
The solution will be available to all of Puerto Rico's 14
financial institutions as well as institutions in the British and
Virgin Islands.

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Ta -lin Hsu as a joint venture
with Hambrecht + Quist Group, H+QAP is today an independent private equity
firm that has managed total assets of $2.4 billion financial institution with more than 200 branches in
Puerto Rico and the Virgin Islands, is EVERTEC's first customer for
the solution. The company 's
commitment to quality and innovation match that of our own goals and
dedication to excellence .
For more information about the company, visit www.

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Since its inception, H+QAP has managed 19 funds with an aggregate of $2. It plans to begin image exchange with the Federal
Reserve Bank of New York no later than June.
By hosting the VECTOR Image Exchange Solution, EVERTEC is presenting
this cost-saving opportunity to financial institutions of all sizes at
a reasonable price."

About EVERTEC

EVERTEC, a Popular, Inc company (Nasdaq:BPOP), provides a wide
variety of offerings in the areas of electronic transaction
processing, operational services and programming , to clients in Puerto
Rico, the United States, the Dominican Republic, Costa Rica,
Venezuela, Haiti, El Salvador, Honduras, Bermuda, Belize and
Nicaragua. Its products have been
licensed more than 2,300 times by corporations and financial
institutions ranging in size from community banks to top ten financial
institutions to international banking organizations. VECTORsgi also assists its clients to
become more profitable by offering consulting services that provide
management consulting and business practice improvement.

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VECTORsgi is
recognized by the American Banker and the research firm Financial
Insights in the FinTech 100, an international annual listing of the
top technology providers for financial institutions.com

Editor's note: The correct usage of the VECTORsgi name is "VECTOR"
in capitals with "sgi" in lower case.

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H+QAP invests in a variety of sectors, including technology,
manufacturing, branded consumer products, financial services, media and real
estate .hqap.
Hicks added, "EVERTEC is an international leader in electronic
transactions.

About VECTORsgi

VECTORsgi, a Metavante company, is a leading provider of
innovative financial transaction processing solutions including
distributed capture, image processing and exchange, dispute
resolution , return and exception processing and e-commerce solutions
for financial institutions and corporations .

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("APGF V"),
and H+Q-NPS Fund I. For additional information, visit http://www. The correct usage of the EVERTEC
name is in capitals.

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