Hyland Software, Inc., developer of the OnBase(R)enterprise content management (ECM) software suite, announced that AgFirst Farm Credit Bank has selected OnBase as its document management and workflow solution. AgFirst, headquartered in Columbia, S.C., awarded the contract to KeyMark, a leader and innovator in document capture, management and workflow and an authorized OnBase solution provider.

"We recognized the need to streamline and automate processes while reducing the creation and storage of paper as the number of accumulated documents became increasingly difficult to manage," said Robert Zeman, director of Information Management Services for AgFirst. "The combination of KeyMark's vertical expertise and the industry-specific applications of OnBase gives the bank the ability to minimize labor-intensive processes, improve service and strengthen compliance initiatives. With OnBase, we feel AgFirst is on the forefront of gaining additional operational efficiencies and systems integration innovation."

According to Gartner, "In evaluating ECM vendors and their vertically focused offerings, product promotion must be separated from core capabilities and functionality. Although a vendor may pursue one or more vertical markets, that does not necessarily correlate to deep functionality and domain expertise. Also, evaluate the ECM vendor's partner ecosystem because software vendors, systems integrators and value-added resellers can provide complementary products and services to the vendor's core ECM platform."

KeyMark's solution utilizes OnBase to manage and retain all AgFirst's documents, regardless of format, thereby establishing efficiencies and driving down business costs. The system also automatically addresses security and borrower privacy policies while supporting disaster recovery initiatives.

"AgFirst presented us with a unique situation, as far as their business processes," said Jim Wanner, CEO of KeyMark, Inc. "They have a shared services model with additional considerations specific to AgFirst. It was vital that we structure a solution that would capture documents from numerous remote locations and then enter them into a centralized workflow. OnBase is widely applied by a number of financial institutions to solve specific business challenges, which made it a lot easier to come up with a solution tailored to meet AgFirst's specific needs."

AgFirst is an agricultural lender with total assets of $20.5 billion, who provides loans to more than 80,000 farmers, agribusinesses and rural homeowners through affiliated financial cooperatives. AgFirst's customers are 23 farmer-owned agricultural credit associations (ACAs), serving borrowers in 15 U.S. states and Puerto Rico. OnBase manages AgFirst's district associations' loan documents and is projected to improve employee productivity as a result of automated loan processes. Additionally, OnBase allows employees of the major business functions (credit reviewers, appraisers operations, marketing, and auditors) to evaluate documents securely via remote access saving travel time and costs.

"AgFirst and its affiliated associations will benefit significantly from OnBase as they seek to leverage their existing technology assets and streamline their business processes," said Jason King, director of Financial Services for Hyland Software. "With OnBase, banks can refocus their resources on better customer service and eliminate the hassles of paper and its associated manual processes."

About AgFirst Farm Credit Bank
With total assets exceeding $20 billion, AgFirst is the largest financial institution headquartered in South Carolina. The bank is part of the Farm Credit System, a nationwide network of agricultural lenders and the largest single lender to agriculture in the U.S. AgFirst provides funding and financial services to 23 farmer-owned Agricultural Credit Associations (ACAs) that serve 80,000 borrowers in 15 eastern states and Puerto Rico. AgFirst also operates a Capital Markets unit that arranges and participates in loans for agribusinesses across the nation and a Correspondent Lending unit that buys, sells and services rural home and agricultural loans.

About KeyMark
KeyMark is an award-winning document capture, management and workflow systems provider founded in 1996. They combine cutting-edge technology and innovative minds to create customized solutions that resolve today's business issues and anticipate tomorrow's. KeyMark has helped clients increase efficiencies and decrease operating costs in various industries including: healthcare, accounts payable, insurance, lending and human resources. KeyMark is headquartered in Liberty, S.C. with offices and affiliates in Indianapolis, Las Vegas, Miami and Lancaster, Pa. For more information regarding KeyMark, visit www.keymarkinc.com.

About Hyland Software, Inc.
Hyland Software, Inc., established in 1991, is a leading provider of rapidly deployable enterprise content management software. Hyland developed OnBase, enterprise-class software that combines integrated document management, business process management and records management in a single application. OnBase allows organizations to manage digital content, including scanned paper documents, faxes, print streams, application files, electronic forms, Web content, multi-media files, and e-mails. OnBase is used by businesses and government agencies to automate business processes, reduce the time and cost of performing important business functions, improve organizational efficiency and address the need for regulatory compliance through the management, control and sharing of digital content with employees, business partners, customers and other constituencies. Visit www.onbase.com for more information.

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To provide even greater fraud detection capabilities in its industry-leading corporate capture technology, Wausau Financial Systems released its DigitalDepositT 2.1 corporate capture solution, with a successful beta installation at St. Louis Bank.

The top-rated fraud detection and oversight enhancements with the DigitalDepositT 2.1 Transaction Center provide greater control for a financial institution in detecting duplicate suspects, operator corrections, re-scanned items and high risk deposits. The expanded fraud detection capabilities include flexibility for the financial institution in setting fraud control levels for their customers, allowing for lower risk tolerance with new corporate customers. In addition, financial institutions can selectively review, based on the customer's risk profile, instances in which the corporate client increased the amount of a check as compared to what was read by automatic recognition.

The enhanced Wausau DigitalDepositT 2.1 solution also provides remote corporate clients the ability to export images and data more effectively within their local network environments and incorporates image usability checks within the client application, further ensuring the quality of data and images sent for processing. With DigitalDepositT2.1, a financial institution can offer commercial customers both remote check deposit and payment capture solutions.

"St. Louis Bank is committed to realizing the efficiencies that a remote corporate capture solution offers, and Wausau's enhanced DigitalDepositT offering provides us with the strongest fraud protection in the industry," Kim Palmer, Chief Operations Officer for St. Louis Bank, stated. "The new Wausau solution also provides more assurances for our clients in the quality of their data and images for their transaction processing."

"Wausau continues to offer leading proven solutions for our clients in the corporate capture arena," Nancy Langer, President - Payment Solutions for Wausau Financial Systems, explained. "The enhanced fraud detection capabilities for our DigitalDepositT solution further strengthen our resolve to assure our clients' success as they expand their corporate capture offerings. With the solution's maturity and wide deployment, this third-generation offering includes many new features driven by customer feedback."

About St. Louis Bank
St. Louis Bank is a newly established, full-service community bank serving the greater St. Louis metropolitan area. While St. Louis Bank is new, its employees have significant banking expertise serving the area with over 400 years of combined banking experience. St. Louis Bank serves the growing middle and smaller markets by combining the local decision making authority of a community bank with the sophisticated infrastructure and cutting-edge technology of larger banks. Find more information about St. Louis Bank at www.stlouisbank.com.

About Wausau Financial Systems
Wausau Financial Systems is a premier provider of payment and remittance processing solutions. Wausau serves businesses of all types to develop strategies that move money faster. With its products, services and consulting, Wausau works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management. Wausau's innovative solutions provide results for a wide range of organizations including financial institutions, insurance companies, utilities, retail businesses and governmental agencies. Find more information about Wausau at www.wausaufs.com.

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Microsoft Corp. is kicking off a series of worldwide "hands-on labs" to help financial services institutions such as banks and investment firms bring better bandwidth and security to branch offices - without breaking the bank.

While central offices within financial institutions boast of high-speed Internet access and complex security safeguards, branch offices often suffer from limited bandwidth and are more susceptible to threats. In addition, as older branch applications rooted in 3270 green screens migrate to web-standards- and browser-based applications, banks and other financial firms are concerned about how to maximize bandwidth at the branch, while maintaining secure connectivity to headquarters. A recent boom in branch build-out has exacerbated the problem, as institutions spend an increasing percentage of their budget toward labor vs. IT infrastructure.

"Our surveys have shown that more than half of the 18,000 banks and related institutions nationwide have a 56K Kbps connection or slower to the back office," said Jerry Silva, senior analyst, delivery channels, with financial services analyst firm TowerGroup. "Many of these are smaller community banks and credit unions. But even offices of larger financial services firms have concerns over bandwidth, and this is increasingly driven by a desire at the branch to perform video conferencing, voice over IP, or the transmission of check images due to Check 21 legislation."

Microsoft's hands-on labs, which kick off today in New York and will be held in major U.S. and European financial centers, are workshops on how to use many of the features included in the Microsoft Internet Security and Acceleration (ISA) Server 2004 platform. As part of Microsoft's Channel Renewal initiative for financial services, the labs will teach senior IT staff and other attendees how to bolster intra-office bandwidth via the server's caching features, while also taking advantage of ISA Server's built-in application layer firewall and virtual private network (VPN) to ensure secure communications between branch office and headquarters.

"Microsoft's vision for the branch office is to empower financial institutions to attain the end-user productivity benefits of a local branch server, while improving performance and cost," said Bill Hartnett, GM of strategy for Microsoft's U.S. Financial Services Group. "By using Microsoft ISA Server at the branch, employees gain productivity, while IT departments benefit from built-in security, and lower infrastructure and bandwidth costs."

Features of Microsoft ISA Server 2004 and 2006 Beta

Out of the box, Microsoft Internet Security and Acceleration (ISA) Server 2004 offers a unique and compelling branch solution. Key benefits include: · Application-layer filtering that provides deep content inspection in addition to layer-4 firewall protection
· Protection against common network-layer attacks through stateful packet filtering
· Remote VPN access so branch employees can connect to their branch office network while working from home or on business trips
· Web caching for frequently accessed content to increase the efficient use of bandwidth
· HTTP compression that delivers a faster browsing experience while reducing bandwidth consumption
· Traffic prioritization that provides business critical applications with network precedence
· Improved support for Microsoft Update to ensure branch office desktops are kept secure in a bandwidth-conscious manner

For more information about Microsoft's branch office vision involving Microsoft ISA Server, visit www.microsoft.com/windowsserversystem/solutions/branch/default.mspx.

About Microsoft in Financial Services
Microsoft's Financial Services Group provides software that helps financial firms transform the customer, employee and operations experience so they can maximize opportunities for increased market share and profitability. Microsoft software helps empower people and IT staff within financial firms - and across key focus areas such as advisor platforms, channel renewal, insurance value chain, enterprise risk management and compliance, and payments. Through a combination of Microsoft- and partner-provided solutions, customers enable their employees to turn data into insight, transform ideas into action and turn change into opportunity.

More information about the Microsoft's Financial Services Group can be found at www.microsoft.com/financialservices.

About Microsoft
Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

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Columbia Valley becomes the first of Open Solutions' Canadian financial institution clients to use the payment services feature to connect its ATMs to the new switch. The latest version of the POSH switch provides full-function ATM support, enhancing Open Solutions' existing POSH application to include both issuer and acquirer services while streamlining the provision of operational support for switching by centralizing payment services in the Oakville, Ontario office.

Established in 1955 and located between the Rocky Mountains and the Purcell Mountain range, Columbia Valley Credit Union serves more than 5,000 members and has more than CDN $100 million in assets. With a single branch and three ATMs, channel-access technology is a cornerstone in Columbia Valley's strategic plans to provide quality financial and related services to its members and to the summer residents who often double the local population.

"We were very pleased with the ease of the implementation," said Paul Pupo, general manager of Columbia Valley Credit Union. "One of the ways we make a difference in our community is through the wide array of delivery channels we offer our members. Careful planning by Open Solutions and our team meant that our members experienced no downtime and no major issues impacted our staff."

"Throughout our longstanding relationship that extends more than 20 years, Columbia Valley has consistently been an industry innovator and early adopter of new technologies such as ATM attraction screens," said Blair Goulet, president of Open Solutions Canada. "We're proud that Columbia Valley's trust in our implementation process has been repaid by a smooth implementation. We believe that with this latest version of our platform we are well-positioned to help our clients like Columbia Valley meet the demand for new optional functions and services such as IP and wireless connectivity and point-of-sale (POS) acquiring."

Transaction switching services are operating on the POSH suite of switching products at the POSHnet operations center in Oakville. Driving a combined total of more than 21,000 ATM and POS devices, POSHnet runs Canada's largest ATM network and one of that country's largest off-premises POS networks.

At the core of the POSH suite, the POSH switch provides full-function transaction services to major financial institutions worldwide, with recent clients including financial institutions in the Caribbean, Middle East and Far East. Based on a Windowsr platform, POSH is a scalable, high-integrity system that drives all ATM models and supports most POS devices. Complementing the POSH transaction processing system is the ConCentre application monitoring system featuring behavioral pattern detection and the POSHweb Web-based information service, which provides information such as cash position, alert history and recent transactions.

About Open Solutions Inc.
Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, Check 21, interactive voice response, network services, and Web hosting and design services, and loan and payment origination solutions. Open Solutions' full suite of products and services allows banks, thrifts and credit unions in the United States and Canada to better compete in today's aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.

For more information about Open Solutions or its financial product line, contact Mickey Goldwasser by email at by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions' Internet site at www.opensolutions.com.

For more information about Columbia Valley Credit Union visit www.cvcu.bc.ca.

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"In taking Combosurance from concept to launch, we knew we were introducing a revolutionary, alternative way to acquire Life Insurance," says Gordon. "With that in mind, we needed an illustration provider in which we had absolute confidence. One that delivers uncompromised quality, on time and on budget, with no surprises. We selected COSS, a leader in Life Illustrations since 1987."

Combosurance enables consumers to simultaneously buy several policies from multiple insurance companies in one package. Consumers will have the convenience of one application process, one underwriting process, and one premium payment each due date.

"Traditional policies are designed to be competitively strong in one area, such as low price, high long-term cash value, or strong guarantees," states Gordon. "Unfortunately, these policies aren't strong in every area and it forces the consumer to make tradeoffs when purchasing a single policy. With Combosurance, the consumer leverages the strengths of each policy while mitigating any associated risks."

CrailHuntly's first Combosurance package, which is currently available through independent agents, is called Basic Permanent and contains individual universal and whole life permanent life insurance policies from several prominent participating carriers. Future Combosurance offerings are planned around single premium life, term life, and annuities.

Lundsten added, "Combosurance is a simple way to diversify and maximize overall value for the Life Insurance consumer. CrailHuntly's launch of Combosurance is attracting a great deal of attention as it presents a tremendous value proposition for both financial service professionals and consumers alike. At COSS, our mission is to simplify technology for sales success in the world of financial services. I'm pleased and honored that CrailHuntly has selected COSS as its strategic business partner to provide all Combosurance Point-of-Sale Illustrations."

About CrailHuntly:
CrailHuntly is an independent insurance marketing company based in Overland Park, KS. CrailHuntly designs, develops, and wholesales proprietary insurance offerings. They also market select non-proprietary financial products. CrailHuntly is focused on delivering valuable alternative solutions in a way that helps consumers feel less intimidated by, and more comfortable with, their insurance buying decisions.

For more information about CrailHuntly LLC, go to www.crailhuntly.com.

About COSS:
COSS is an employee-owned technology company serving the financial services industry with point-of-sale solutions. Founded in 1987 with offices in Wisconsin, North Carolina, and Georgia, COSS offers a complete suite of solutions, including product illustrations, hypotheticals, historical illustrations, asset allocation, needs analysis, advanced marketing, wealth distribution planning, intelligent forms, and interactive agent training. COSS provides Web and desktop solutions in both the .NET and J2EE environments.

For more information about COSS Development Corporation, go to www.coss.com.

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The partnership combines CityIQ's project implementation skills in asset management with Xenomorph's data management expertise. This combination offers asset management firms a fast and effective path to implementing solutions that enable increased usage of derivatives.

Asset managers are scaling up their derivatives capabilities to solve a variety of problems, not least the current competitive pressure to offer Liability Driven Investment (LDI) strategies. Xenomorph and CityIQ have identified that the resulting need to process and risk manage more complex financial instruments is a key market challenge to asset management institutions.

As a result, CityIQ is now an accredited consultancy implementation partner for Xenomorph's TimeScape data and decision management system, allowing asset management institutions to add derivatives capabilities to their process without the need for wholesale redevelopment of existing technology infrastructure.

Greg Johnson, Chief Executive Officer, Xenomorph, said "We have worked alongside CityIQ on a number of occasions and have always been impressed by their industry knowledge and the quality of their consultants. We are now looking to increase that level of co-operation as we believe that by combining Xenomorph's expertise in data and analytics management technology with CityIQ's consultancy skills we can further strengthen our delivery capabilities."

Paul Wiltshire, Managing Director, CityIQ, said "We are very impressed by Xenomorph's TimeScape enterprise data management technology and the capability it offers to asset managers to rapidly improve their derivatives processing capabilities. CityIQ supplies experienced consultants and project managers who understand asset managers' needs, and we look forward to work alongside the Xenomorph team to deploy solutions to those needs."

About Xenomorph
Xenomorph delivers high performance data and decision management solutions for the capture, cleansing, control and analysis of high volume real-time, historical and derived data across all asset classes.

Xenomorph's clients include global investment banks, major asset management companies and hedge funds across the world's main financial centres, where they are used by traders, fund managers, quantitative analysts, risk managers, IT and back-office staff.

Established in 1995, Xenomorph is a privately held firm with offices in London and New York.

For more information on Xenomorph, our clients, services and solutions, please see www.xenomorph.com.

About CityIQ
CityIQ provides advice and delivery services to clients in the Securities Industry, thereby helping them to improve their business performance.

By providing advice, we help our clients understand the threats and opportunities that may impact their business, enabling them to make timely, qualified and enlightened decisions. We inform and support the process of decision making and, in so doing, enhance our clients' standing, performance and reputation.

Changes to technology, processes and/or people are often a pre-requisite to improving business performance. By providing delivery services, we take control of either an entire project or a critical part of it, sharing the load when you most need additional resources you can trust.

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Exstream Software, Inc. announced that Wachovia Corporation (NYSE:WB), one of the largest providers of financial services to retail, brokerage and corporate customers, with banking operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide, has selected its Dialogue software to provide an enterprise infrastructure for building and deploying its personalized print/mail document applications. Using Dialogue, Wachovia plans to design, produce, maintain and deliver sophisticated, fully customized customer communications that clarify investment performance, encourage financial planning and reflect the complete client relationship-while meeting critical business requirements for speed to market, cost effectiveness and flexibility.

"Dialogue provides a powerful infrastructure that helps leading financial organizations differentiate themselves in a competitive marketplace," said Brent Burns, vice president of Exstream's financial services practices. "It is a pleasure to work with Wachovia Corporation because it is a company that truly understands the inherent rewards of implementing an enterprise personalization solution for the benefit of its customers."

About Exstream Software, Inc.
Headquartered in Lexington, Kentucky, USA, Exstream Software provides a single platform for businesses around the world to create and manage higher quality, fully personalized communications of all types for delivery through batch, real-time and interactive channels. Companies in the financial services, insurance, service provider, telecommunications, utilities, hospitality, government and other industries benefit by getting communications to market as much as 85 percent faster, reducing document production costs up to 80 percent, and as much as tripling customer response. For more information about Exstream Software and its market-leading Dialogue enterprise personalization software, visit www.exstream.com, or contact Exstream at 859-296-0600 or info@exstream.com.

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Open Solutions Inc. (NASDAQ: OPEN), announced that Baltimore-based Securityplus Federal Credit Union has selected Open Solutions' enterprise-wide data processing platform, The Complete Credit Union Solutionr (TCCUS) and other complementary applications. Open Solutions is a provider of integrated enabling technologies for financial institutions across the United States and Canada.

Securityplus FCU, formerly the SSA Baltimore Federal Credit Union, was originally founded in 1938 to serve the financial needs of Social Security Administration (SSA) employees. Today, it is one of the largest credit unions in Maryland with more than $288 million in assets and over 37,000 members, encompassing the Baltimore-area offices of the SSA, Centers for Medicare and Medicaid Services as well as more than 100 local companies and organizations.

The institution's primary mission is to build financial relationships with its members. According to Justin Rawlings, vice president of Information Systems at Securityplus FCU, The Complete Credit Union Solution fits nicely into Securityplus's objective of continually improving member relationships and making living more affordable. The credit union cited three main reasons for selecting Open Solutions as its data processing partner. First, Open Solutions' flexible open system architecture allows for hardware choices and easier integration with third-party vendors. Second, the scalability of the open core platform allows unlimited field sizes, product types and field values to sustain projected credit union growth, allowing management to easily create detailed relevant reports in any variation. Lastly, Open Solutions' CRM/business intelligence cViewO relationship management tools support Securityplus' new name, branding and slogan promise of "Spend Life Wisely," while eliminating the need for additional complex and costly software. It also offers intelligence tools to effectively collect meaningful member data to build more diverse products and effectively service members.

Rawlings continued, "Open Solutions demonstrates a commitment to proactive development of The Complete Credit Union Solution and its integrated complementary products as technology and industry needs shift. In addition, we believe that Open Solutions demonstrates responsiveness to client enhancement requests and spreading the benefits of enhancements amongst all their clients."

In addition to The Complete Credit Union Solution core data processing platform, Securityplus FCU will implement Open Solutions' cView Relationship Management Tool; Mortgage Management System; Financial Accounting Suite; Premium Overdraft Protection; Asset Collection Management System; Interactive Management Center (IMC); and Channel Management Center (CMC) applications.

Louis Hernandez, Jr., Open Solutions chairman and CEO, said, "Open Solutions designed its products and services to allow credit unions to offer more personalized products to their members. More and more financial institutions are realizing the importance of open architecture technology, and we, in turn, continue to dedicate resources to our development, client care and implementation departments. We are committed to continually offering solutions that allow financial institutions to conduct business the way they want. Open Solutions continues to focus on meeting the ever-changing demands of today's financial services environment."

About Open Solutions Inc.
Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, Check 21, interactive voice response, network services, Web hosting and design services, and payment and loan origination solutions. Open Solutions' full suite of products and services allows banks, thrifts and credit unions in the United States and Canada to better compete in today's aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.

For more information about Open Solutions or its financial product line, contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions' Internet site at www.opensolutions.com.

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"Having a fully integrated CRM solution accessible to our front-line sales staff makes us well-positioned for future growth," said Tony Wolfe, President and Chief Executive Officer, Peoples Bank. "The software solution will provide the needed flexibility to expand our customer services operations and enable our frontline service representatives to generate an exponential volume of warm leads that result in increased revenue."

Fincentric's Wealthview LeadbuilderT and inBusiness' 360ºViewT CRM solution will enable Peoples to seamlessly distribute targeted marketing offers to frontline service professionals in the course of their regular customer service interactions, as well as maximize the effectiveness of their marketing campaigns. The Leadbuilder solution is embedded at the teller platform and works alongside a bank's existing core banking, marketing analytics, lead management and CRM system.

"Frontline service representatives at Peoples Bank will now be able to capture customer responses with the click of a button," said Robert Nygren, President and CEO of Fincentric. "The combined Wealthview Leadbuilder and 360ºView solution will allow qualified leads to be communicated instantly to Peoples' sales professionals, ensuring no sales opportunities are lost. It will also increase their lead referral volume by turning everyday customer interactions into revenue generation opportunities."

"inBusiness Services is pleased to provide this integrated partnership to Peoples Bank," said Kevin Anderson, President of inBusiness Services. "We have a strong partnership with Fincentric and look forward to delivering enhanced software, on-site training and support. The power of 360 View CRM combined with Leadbuilder's front-line presentation engine will have a great impact on Peoples' future growth."

Fincentric was selected by Peoples Bank by working through inBusiness Services, a financial software development firm which provides software solutions for financial service providers. The combined integration of Wealthview Leadbuilder and 360View CRM will provide reduced cost of system ownership, advanced technology and a straight forward path to future innovation.

Wealthview Leadbuilder is for financial institutions that wish to utilize their frontline service representatives for lead generation, to turn customer interactions into revenue-generating marketing opportunities. The software directs MCIF-generated marketing campaigns to the frontline and allows service representatives to communicate offers to customers during service interactions.

360 View CRM is for financial institutions that wish to better track referrals, customer touches, past activities, "to do's", incidents, goals & incentives, profiles, profitability, attrition, cross-sell (complete with full reporting), powerful marketing campaign management, customer view integrated with core and third-party service providers, and an intelligent prospect wizard geared toward new branch opening and product penetration.

About Peoples Bank
Peoples Bank is a wholly-owned banking subsidiary of Peoples Bancorp of North Carolina, Inc. Its Corporate Office is located in Newton, North Carolina. It has been in business since 1912, growing from a single office to seventeen convenient offices, with fifteen of them throughout Catawba, Lincoln, and Alexander counties. They also have two Latino offices, Banco de la Gente, in Mecklenburg County. The company is a full service, hometown, community bank with an extensive array of products and services for your personal and commercial banking needs. Peoples Bancorp of North Carolina, Inc. was formed in 1999 and is the parent holding company for its one bank subsidiary, Peoples Bank. The company's stock is traded on the Nasdaq National Market System under the symbol of PEBK. Market Makers include Scott & Stringfellow, Inc., Ryan, Beck and Company, Sterne Agee & Leach, Inc. Additional information may be found at the company's web site, www.peoplesbanknc.com.

About inBusiness Services
inBusiness Services, based in Nashville, Tennessee, is the developer of the 360 View suite of software solutions for financial institutions; included in the suite are 360 View CRM, Loan Past Due Manager, DDA Overdraft Manager, and Loan Extension Manager. Founded in 2001, inBusiness Services is a privately held company supporting over 100 financial institutions throughout the United States and continues to be committed to developing, installing, and supporting simple to use software solutions for financial institutions in effort to help create, track and retain profitable life long customers. Visit with inBusiness Services online at www.threesixtyview.com.

About Fincentric Corporation
Fincentric Corporation is a leading provider of core retail banking and customer value management software to the global financial services industry. Fincentric's Wealthview family of integrated products enables financial institutions to leverage customer knowledge to deliver personalized service and product offers, and develop profitable customer relationships. Fincentric has strategic alliances with TELUS, Microsoft and Intel, and supports financial institutions in over 20 countries. For more information about Fincentric, please visit www.fincentric.com.

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Investors and other interested parties can listen to the conference call over the Internet at Corillian's corporate Web site at www.corillian.com/investors.

About Corillian Corporation
Corillian is the market leader of online banking, bill payment and fraud prevention applications to the financial services industry. With 28 of the top 100 U.S. banks and 20 of the top 100 U.S. credit unions as customers, Corillian serves over 25 percent of the online banking community. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, integrating best-practice functionality developed for some of the most innovative financial institutions in the world. Corillian features integrated applications across Consumer Banking, Small Business Banking, Wealth Management, Credit Card Management, and Corporate Cash Management, as well as enterprise wide solutions, including Fraud Detection, Payments Warehouse, Alerts, eStatements, and OFX. Corillian's fraud prevention solutions use Preemptive ForensicsT to protect web sites from phishers, hackers, and fraudsters. Corillian's strong authentication solution provides a low-cost solution for multi-factor authentication while maintaining high user satisfaction. Empowered by Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's Web site at www.corillian.com.

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Corillian Corp. (NASDAQ: CORI), the top provider of anti-fraud, online banking and online payments solutions to the financial services industry, announced results of new performance and scalability tests for its enterprise authentication security product, Corillian Intelligent AuthenticationT. Corillian is already the recognized leader in online banking scalability and performance and currently supports some of the largest online banking sites in the world, including the second largest site in the U.S. with over 10 million active users on a single system. Corillian's experience in highly scalable and reliable online banking applications was instrumental in developing the industry's most scalable FFIEC-compliant authentication solution, Corillian Intelligent Authentication.

Corillian Intelligent Authentication, which is available either integrated into Corillian's online banking services or as a stand-alone solution that can be integrated with other online banking or e-commerce systems, meets the performance and usability requirements of financial institutions of all sizes. In recent benchmark tests using widely-available, commodity server hardware, Corillian Intelligent Authentication processed nearly 400 authentication transactions per second, or approximately 34.5 million authentications a day - well beyond other industry solutions. These numbers were achieved with a minimal hardware investment and prove that Corillian Intelligent Authentication can successfully scale to protect even the largest financial institutions' online banking populations - a trait necessary in today's market of fast and reliable performance expectations. Additionally, where even more transaction throughput is required, the use of additional and/or higher performance hardware will result in even greater transaction scalability and authentication performance.

Threats posed by the continued rise in phishing attacks and other fraudulent activity in the industry have financial institutions demanding the highest level of security available. Customers using Corillian Intelligent Authentication have reported successful blocks of fraudulent users attempting to access online accounts with stolen credentials, and the application is rolling out smoothly, meeting and exceeding the acceptance requirements of the financial institutions and their online banking users. Since its inception, more than 15 leading financial institutions have selected Intelligent Authentication to meet the needs for strong, layered authentication and an easy, reliable implementation. Institutions using Intelligent Authentication have experienced the excellent performance, reliability and end user acceptance. Additionally, due to the user-friendly design, institutions have experience low call-center impact.

"Corillian's Intelligent Authentication solution has been an invaluable addition to our security program," said Eric Bangerter, director of Internet Services at UWCU. "The live implementation of the application is rolling out smoothly and the solution immediately exceeded our expectations with respect to end-user adoption. Further, with the increase and evolution of online fraud in the industry, our members feel confident and secure in the protection that we provide as a result of Intelligent Authentication."

Intelligent Authentication uses a patent-pending, multi-layered approach to authenticate online banking users. Improving on the traditional authentication mechanism of a user name and password, Intelligent Authentication examines and tracks multiple patterns of online banking behavior and various non-personal attributes of the online banking user to determine when it is necessary to block or challenge suspicious visitors. This multi-layered authentication technique is virtually transparent to the end user and results in a user-friendly, non-intrusive experience while also ensuring visitors to the Web site are legitimate. Intelligent Authentication is a `zero footprint' solution, requiring no distribution of hardware, software or tracking objects such as cookies to the end-users' computer. Intelligent Authentication's low-disruption design provides the power of behavior-based strong authentication with the simplicity and ease of use associated with user names and passwords, combining the best of both worlds - usability and security.

"Financial institutions rely on the performance of their defensive security technologies to enhance and preserve their reputation in the marketplace," said Alex Hart, president and CEO of Corillian. "With this in mind, we leveraged our extensive, real-world experience in building, hosting, and securing online banking systems for leading financial institutions to create an innovative security solution that not only meets the stringent requirements of government regulators and financial institutions charged with protecting the assets and identities of consumers, but which also maintains the usability standards that consumers expect from their online banking site. Intelligent Authentication strikes that critical balance by providing a strong online authentication solution without disrupting the convenient online experience."

To request a whitepaper that contains detailed information about these industry-leading results, please visit Corillian's security Web site at www.corilliansecurity.com.

About Corillian Corporation
Corillian is the market leader of online banking, bill payment and fraud prevention applications to the financial services industry. Corillian's fraud prevention solutions use Preemptive ForensicsT to protect web sites from phishers, hackers, and fraudsters. Corillian's strong authentication solution provides a low-cost solution for multi-factor authentication while maintaining high user satisfaction. With 28 of the top 100 U.S. banks and 20 of the top 100 U.S. credit unions as customers, Corillian serves over 25 percent of the online banking community. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, integrating best-practice functionality developed for some of the most innovative financial institutions in the world. Corillian features integrated applications across Consumer Banking, Small Business Banking, Wealth Management, Credit Card Management, and Corporate Cash Management, as well as enterprise wide solutions, including Fraud Detection, Payments Warehouse, Alerts, eStatements, and OFX. Empowered by Corillian solutions, some of the world's most visionary financial institutions provide their online users with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's Web site at www.corillian.com.

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Gissing's unique family of FAST products will enable organizations that are already using the FIX Protocol for data communication to quickly, transparently and cost-effectively begin using the new FAST protocol, helping them achieve faster processing times and improved data throughput. As well as using the FAST Protocol for their FIX applications, Gissing's family of FAST products will also allow organizations to use the protocol to handle and contribute data between other applications, subscribe to market rates feeds that use the protocol, and deliver data directly to their market data platforms. In trials with test data the FAST Protocol has been shown to increase data throughput by as much as ten times.

Richard Gissing, CTO of Gissing Software said: "The FAST Protocol has been widely endorsed and with the recent publication of the FAST Protocol Reference Code is now beginning to be adopted across the industry. With FAST likely to be confirmed as one of the primary protocols used by organizations publishing pre and post-trade data to comply with MiFID in Europe, we've taken the strategic decision to add FAST Protocol handling to our product set. Increasing volumes in electronic trading and market data messaging rates are driving the need for tools such as the FAST Protocol and we firmly believe it will benefit our customers in the long term."

Gissing Software's unique family of FAST products, due to be launched later this year, include:

--Gissing FASTtunnel - a high-speed protocol converter from FIX to FAST and vice-versa. The application will enable organizations already using the FIX protocol for data communication to enhance data throughput using the FAST protocol capability. Gissing Software plans to offer an OEM license agreement for this product so that third parties may include this functionality in their own solutions.
--Gissing FAST Output Handler - an addition to the extensive family of protocol handlers for Gissing ConteX MCS. This will enable clients already using Gissing ConteX MCS to contribute data using the FAST protocol.
--Gissing FAST Feed Handler - an addition to Gissing's market rates feed handler family. This handler will enable organizations to subscribe to market rates feeds using the FAST Protocol and deliver that data directly to a market data platform such as Reuters RMDS.
--Gissing FAST Feed Gateway - for organizations wishing to subscribe to multiple market rates feeds, all of which use the FAST Protocol. This application accepts market rates feeds and aggregates them before publishing the aggregated data to the client's market data platform. It also allows clients who need to limit the amount of data being published onto the market data platform to configure their own limits to the data flow. For example, they could stipulate that they only want to see the five best prices for an equity, updated once a second.

About Gissing Software
Gissing Software, solution specialists in the routing and transformation of real-time market and trade data, was founded in 1991. Gissing Software counts some of the world's biggest financial institutions among its clients. Almost all of Gissing's clients are tier one banks and brokers. With over 40 installations globally, Gissing's products are a byword in the industry for performance and reliability. The company is privately owned and operates from its head office in Bromley, Kent (UK) and its office in New York.

Gissing Software has extensive knowledge of the technology associated with the transforming and routing of real-time data in the financial markets.

Product area focus:
Multi contribution systems for management and distribution of market data to financial data vendors and partnering businesses.
* Real-time Solutions for Excel used by financial professionals in analytics, trading, pricing, data contribution and administration
* Trade data capture transformation and system integration for fixed income securities, FX and other investment instruments

For more information on Gissing Software products please visit: www.gissing.com.

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The KOMworx hard disk archiving (e-WORM) solution interoperates with Windows Storage Server 2003 R2 to transform standard disk hardware into non-rewriteable, non-erasable storage media, enabling companies to meet stringent compliance regulations such as HIPAA, SEC 17a-4, Sarbanes-Oxley, DoD 5015.2, and NASD.

Incorporating the familiarity and simplicity of the Windows environment, KOMworx brings a complete range of storage management capabilities to the Windows Storage Server 2003 R2, including transparent archiving, automated retention, policy driven ILM and dynamic capacity management. Like the Windows platform, KOMworx is hardware independent, and easily integrates with e-mail archiving, ECM, DMS and vertical applications in organizations such as hospitals and financial institutions.

"KOMworx brings additional value to customers using Windows Storage Server 2003 R2 by allowing them to implement long term archiving of fixed content data on Hard Disk, ensuring data security and data accessibility while maintaining Hard-Disk performance," said Dr. Claude Lorenson, group product manager, Storage Technologies at Microsoft Corporation.

"The open systems architecture used by KOMworx provides significant advantages for customers wishing to capitalize on their investment in Windows, whether it be creating a Virtual Volume storage solution using their existing hardware of choice, or implementing a compliance strategy," said Kamel Shaath, CTO of KOM Networks. "KOMworx adaptive design enables customers to combine various storage technologies, including hard disk, SAN and NAS, into a single global namespace that is easy managed through policies and a graphical user interface."

About KOM Networks
KOM Networks, founded in 1969, is the world leader of innovative storage management software solutions. Pioneers of Data Protection & Retention, KOM Networks' products provide Compliance, Archiving and Information Lifecycle Management (ILM) to over 10,000 installations globally. KOM Networks products are delivered through a worldwide network of value-added resellers, strategic partnerships and alliances.

KOM Networks' easy-to-integrate products let you Simply Manage, Protect, and Serve STORAGE, The Way You Want It. For more information please visit www.komnetworks.com.

About Microsoft
Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

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Scottsdale, Ariz.-based Choice Bank announced it now has full electronic cash letter (ECL) settlement capabilities with the Federal Reserve through the expanded resources of their current item processing platform - Open Solutions' electronic image/item processing solution - making the institution the first bank in Arizona to leverage ECLs for settlement.

Open Solutions (NASDAQ: OPEN), a provider of integrated relational technologies to banks and credit unions across the United States and Canada, offers an entirely imaged-based outsourced item processing services solution allowing financial institution branches and their merchants to capture images of checks from anywhere in the country and deposit image cash letters to the Federal Reserve. The Fed's image cash letter settlement solution gives financial institutions the capacity to decrease transportation costs and improve funds availability through electronic check clearing. The result is a reduction in each financial institution's transportation and clearing costs and an improvement in funds availability.

Choice Bank, which has $110 million in assets and approximately 5,000 customers at its two branches, has been an Open Solutions outsourcing customer since 2003. And the institution has the distinction of being the first bank in Arizona to use electronic cash letters. With Open Solutions as the technology provider, Choice Bank believes it is on the leading edge. "The industry is moving in this direction," said Pamela Chan, executive vice president and CFO at Choice Bank. "By using Open Solutions' ECL feature, we are able to improve funds availability from 90 percent to 99.9 percent."

The bank's former process involved sending the paper items by courier to the airport to fly them to the Fed at Los Angeles. Those items can now be posted and collected faster.

"This new process enables us to get our funds one to two days sooner than we were getting it when we processed paper deposits," Chan added. "It is rare to find that capability at a community financial institution. Other benefits we recognized include integrating check images for better disaster recovery capability, eliminating courier transportation costs and most importantly, providing our customers the check images through online banking. We have forecasted a payback on this investment in less than 18 months. Through our relationship with the Fed and with Open Solutions, we were up and running on FedForward Image Cash Letter in a few months and are now working on FedReturnsm and FedReceiptsm for quicker returns and fraud exposure reduction."

Open Solutions Chairman and CEO Louis Hernandez, Jr. said, "We have offered Choice Bank not only the option to become the first bank in its federal reserve district to submit electronic cash letters, but the confidence to do so, as well. There is a demand for cost-effective item processing and settlement options at community financial institutions. Image-based item processing, levels the playing field for our clients to compete globally, regardless of size, charter or geographic location. Open Solutions will continue to offer our client institutions choice and innovative technologies that resolve mission-critical business concerns."

About Open Solutions Inc.
Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, Check 21, interactive voice response, network services, Web hosting and design services, and payment and loan origination solutions. Open Solutions' full suite of products and services allows banks, thrifts and credit unions in the United States and Canada to better compete in today's aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.

For more information about Open Solutions or its financial product line, contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions' Internet site at www.opensolutions.com.

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