FOR IMMEDIATE RELEASE

Contact:  Marvin (Mickey) Goldwasser
Open Solutions Inc.
860.652.3153
mgoldwasser@opensolutions.com

Robert P. Pinataro Joins Open Solutions

 to Head Corporate Financial Solutions Group

--Pinataro’s experience and guidance will benefit
growth-focused Corporate Financial Solution--

GLASTONBURY, Conn., Oct. 12, 2006 – Open Solutions Inc.®  (NASDAQ: OPEN), a provider of integrated enterprise-wide data processing and enabling technologies for financial services providers across the United States, Canada and other international markets, announced the appointment of Robert P. Pinataro as Open Solutions’ vice president and general manager, Corporate Financial Solutions Group (CFS). Pinataro is responsible for overseeing the growth and development of Open Solutions’ Corporate Financial Solutions business, which provides outsourced processing services for Health Savings Accounts (HSAs), Asset Retention Services (ARS), Broker Dealer Banking Services (BDBS) and Corporate Money Management Account Services (CMMAS). Pinataro reports to Dave Krystowiak, Open Solutions’ executive vice president, Group Operations.

            “As Open Solutions integrates these four proven solutions into its expanding product mix, I believe we’re poised to provide even more strategic offerings to the clients we serve,” Krystowiak said. “These expanded offerings, combined with Open Solutions’ extensive suite of innovative products and services, further emphasize our commitment to provide clients with creative and customized solutions to help raise additional capital, enter emerging markets and streamline financial processes. I have confidence that Rob will lead the CFS group to become the powerhouse of expert service and market knowledge that I know it is capable of becoming.”

Pinataro joins Open Solutions from Automatic Data Processing, Inc. (ADP), where he was a vice president and general manager since 2003. Most recently, he led ADP COBRA/Flexible Spending Account Services with responsibility for a 700-person global team. In 2003, he led a 150-person team at ADP Health and Welfare Services. Prior to ADP, Pinataro served General Electric Global eXchange Services (GXS) from 1998 to 2003, where he began as a Six Sigma Black Belt and held various roles including strategy development, business start up, P&L leadership, global sales force operations and the spin off of GXS from GE.  Prior to GE, Pinataro served as a U.S. Naval Officer where he led operations of shipboard nuclear power plants.

Pinataro holds a M.B.A. from the University of Pennsylvania’s Wharton School, a M.Sc. from the University of Portsmouth, England, a B.S. from the U.S. Naval Academy and a G.E. Six Sigma Black Belt certification.

 “Open Solutions has a suite of exceptional and creative products and services,” Pinataro said. “Our high-demand banking services are complemented by our marketing, management, call center and regulatory services to help clients increase revenue, derive process efficiencies and reduce cost.  The CFS group has developed a suite of innovative, industry-focused technology products and services and we are investing heavily to ensure our clients remain the best at attracting, thrilling and retaining even more accountholders.  I am pleased to join and be a part of this world-class organization and look forward to accelerating its growth through intense focus on our clients’ needs.”

About Corporate Financial Solutions (CFS)

Corporations wanting to raise additional capital, enter new markets, and streamline inefficient financial processes look to Open Solutions for creative and customized solutions. Our Corporate Financial Services division is divided into three business areas: Healthcare Banking Solutions; Asset Retention Solutions; and Corporate Banking Solutions. CFS provides innovative account processing and customer care services that support health savings accounts (HSAs), corporate money management accounts (CMMAs), customer access accounts (CAAs), and other diverse initiatives requiring banking capabilities.

Our technology is the engine that powers these and other specialized banking functions for insurance companies, brokerage firms, and Fortune 500 companies. The CFS Group is strictly a provider of information processing and back-office services to other financial services organizations, and we maintain a non-competitive position with our clients.

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, digital documents, Check 21, interactive voice response, network services, Web hosting and design, and payment and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts, credit unions and financial services providers 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.

Open Solutions Inc. is a registered trademark of Open Solutions Inc. All other company and product names may be trademarks of their respective owners. Copyright 2006 Open Solutions Inc. All rights reserved.

Safe Harbor Statement 

Statements made in this press release that state Open Solutions Inc.'s or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. All forward looking-statements are only as of the date of this press release and Open Solutions Inc. undertakes no obligation to update or revise them. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause Open Solutions Inc.'s actual results to differ materially from those projected in such forward-looking statements. For example, if we fail to adapt our products and services to changes in technology or in the marketplace, we could lose existing clients and be unable to attract new business.  Factors which could cause our actual results to differ materially from those projected in forward-looking statements include, without limitation, economic, competitive, governmental and technological factors affecting the banking and credit union industry and/or Open Solutions Inc.'s operations, markets, products, services, prices and other factors set forth under the heading "Factors Affecting Future Operating Results" in Open Solutions' Quarterly Report on Form 10-Q for the three months ended June 30, 2006, as filed with the Securities and Exchange Commission.

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Editors Note:  The correct usage of the company name, Open Solutions Inc., is either referring to it as Open Solutions Inc. or Open Solutions.  Open Solutions no longer uses the acronym of OSI to refer to the company.

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Copyright ©2006 Open Solutions Inc. All rights reserved.