Western Independent Bankers Services Corporation Selects uMonitor

Financial services solutions provider becomes WIB Endorsed VIP Partner

MEMPHIS, Tenn., & San Francisco, CA., April 30, 2009 - uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, and Western Independent Bankers (WIB) and WIB Service Corporation, its wholly owned subsidiary that provides high-quality, value-added services and products to enhance the competitive advantage of WIB members, announced that they have partnered to offer uMonitor solutions as a WIB-Endorsed Value and Income Program (VIP) partner.

WIB Service Corporation saves banks time and money, and improves profitability by connecting decision-makers to innovative, solid industry product and service providers. This move will introduce uMonitor’s unique suite of online banking solutions, including uOpen & uFund®- an online account opening and funding solution, uTransfer® - an account-to-account money transfer service, uSwitch® - an online switch kit, and uView® - premium account aggregation solution, to banks in eleven western states and US Territories.

"We selected uMonitor platform after rigorous analysis of our member banks' requirements and uMonitor's unique ability to serve community banks with industry leading banking technologies," stated Anne K. Scully, Esq. President, WIB Service Corporation. "uMonitor’s solutions are customer driven and proven over time, enhancing competitive positioning and increasing efficiency. After evaluating all available options, WIB Service Corporation identified them to be right organization for our members, offering the highest quality service at a reasonable price."

WIB Service Corporation conducts a strenuous selection process before putting the VIP stamp of approval on an elite group of companies that meet the highest industry standards and help to reduce costs, operate more efficiently, and compete more effectively. The selection process includes an evaluation governed by the Federal Financial Institutions Examination Council (FFIEC)'s risk-based guidelines and reviews by the Banker Advisory Committee and an outside consultant. WIB Service Corporation also performs ongoing risk management and quality control monitoring of all VIP Partners.

"In any environment, it is important to use multiple channels and strategies to reach out to financial institutions, and that fact is becoming increasingly vital in today's market," Dinesh Sheth, CEO at uMonitor, said. "We are delighted to partner with Western Independent Bankers to provide innovative services to its members. We look forward to increasing our presence in the region as more banks use uMonitor solutions to leverage the Internet and create a delightful experience for customers."

About Western Independent Bankers (www.wib.org)
As a leader in independent banking, Western Independent Bankers (WIB) is a trade association that informs, educates and connects community banks with the resources and services to achieve the highest standards of personal and organizational performance. WIB has more than 320 community and independent banks and 175 community bank service providers as members across 11 Western United States and U.S. Territories.

About WIB Service Corporation (www.wib.org)
WIB Service Corporation is a wholly owned subsidiary of Western Independent Bankers. Established in 1994, WIB Service Corporation provides high-quality, value-added services and products that enhance the competitive advantage of WIB member banks. WIB Service Corporation’s Value & Income Program (VIP) Partners offers value-added services and income potential for WIB member banks.

For more information about Western Independent Bankers or WIB Service Corporation, contact Krista C. Gulbransen at Krista@wib.org, phone 415.352.3229 or visit the company on the web at www.wib.org.

About uMonitor - Parsam Technologies
uMonitor financial technologies offer a wide range of online solutions specifically designed to help financial institutions provide the most up-to-date services. These highly configurable and customizable solutions enable financial institutions to increase profitability, generate revenue, improve regulatory compliance, and improve employee productivity while reducing costs. uMonitor technologies include New Account Setup and Online Funding with Switch Kit, New Loan Application Processing, Funds Transfer Service, Bill Presentment and Payment Solutions, Premium Account Aggregation Service, Document Management System, Advisor-Client Relationship Management and other services. The company’s growth and success were recognized by its inclusion on the 2008 Inc. 5000 list.

For more information on uMonitor or its solutions, contact Gillian Smoot at gsmoot@umontitor.com, call 901.757.1212 ext. 7115 or visit the company on the Web at www.umonitor.com


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3197 Players Club Parkway
Memphis, Tennessee 38125

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