Press Release

VICOR, Inc. Drives B2B Payments Market with More Than 20 Percent Growth Rate in Transaction Volume in 2005

VICOR’s Complex Payments Processing Technology Delivers Operations Efficiencies, Top and Bottom-Line Growth for the Largest U.S. Banks

Contact: Bob Murphy
VICOR, Inc.
510-621-2047 or rmurphy@vicor.com

RICHMOND, CA, February 6, 2006 – Extending its position as a major contributor to the efficiencies in B2B payments processing, VICOR, Inc. today announced that the volume of all key complex payment transaction metrics processed by its solutions grew over 20 percent in 2005, on a same site basis compared to 2004. The growth driven by VICOR solutions far outstripped the overall growth rate of 10 percent projected for B2B payments and the 3 percent projected for the receivables payment processing segment.

Payment Transactions: VICOR processed more than 222 million complex payment transactions in 2005, which is a 21 percent increase compared to 2004.

$ Volume: $1.4 trillion in transaction volume was processed from the 222 million transactions. The $1.4 trillion represents a 25 percent increase in dollar volume over 2004 – indicating an overall increase in average transaction value.

ePayment Growth: The electronic payments process by VICOR solutions grew by 20% with the $ value of those transaction growing by 28%.

Payment Related Documents: Well known as one of the most reliable and flexible complex payments processing platforms, VICOR also led the B2B market last year by processing more than 335 million payment-related documents, consisting of; invoices, remittance instructions, complex sensitive government forms, healthcare explanation of benefits forms and correspondence. The 335 million payment-related documents represent a 22% increase over 2004.

“Our strong momentum in B2B payments demonstrates that our complex payments strategy and focused innovation are resonating and translating into market share gains,” said VICOR President and CEO Bob Kirk. “Customers continue to turn to VICOR for solutions that solve complex payments challenges today, while helping deliver business agility and competitive advantage tomorrow. In key segments, such as Check 21, wholesale and retail receivables processing, government forms processing and healthcare processing, we expect to continue our growth by delivering more products, partnerships and value throughout our portfolio.”

Over the past year, VICOR extended its leading B2B payments capabilities to help companies and banks reduce costs, improve business operations and attract customers with complex payments processing technologies. VICOR IVS (Inspection and Verification System) and VICOR Distributed Capture are two of these new solutions VICOR has brought to market to enable companies and banks to manage their complex payments infrastructure to lower operations costs and improve productivity.

About VICOR, Inc.

VICOR, Inc. is the leading provider of solutions that optimize the processing of complex payments for businesses and financial institutions. By managing multiple payment types and formats across diverse distribution channels, VICOR helps businesses and financial institutions save time and money, attract new customers, generate revenue, and leverage existing technologies. VICOR solutions processed over 222 million transactions in 2005, representing more than $1.2 trillion. VICOR is headquartered in Richmond, CA. For more information about VICOR and its solutions, contact 510-621-2000 or visit www.vicor.com.