FOR IMMEDIATE RELEASE

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

Open Solutions Hosts Another Successful
Annual Client Conference

- Diverse client base unites to discuss emerging trends,

share the company’s vision, build relationships -

 

                                                                                           

GLASTONBURY, Conn., May 1, 2008Open Solutions Inc.®, a leading provider of integrated enabling technologies for financial services providers across the United States, Canada and other international markets, recently hosted its 2008 Annual Client Conference in Orlando, Fla., from April 5 – 9. The conference attracted close to 1,600 financial services executives, industry professionals and partners from throughout the world. More than 110 conference sponsors and exhibitors also participated in a Solutions Expo, where attendees could learn about the latest products and services Open Solutions offers as well as complementary technology products.

            During the conference, clients and prospects attended presentations on the latest industry, technology and business trends and company initiatives and updates.  Pre-conference training workshops provided intensive training on key core system modules such as lending, deposit, security, relational pricing as well as best practices. Workshops and demonstrations of Open Solutions’ full product line were also part of the conference agenda. The company also placed special emphasis on showcasing the latest release of its popular relational core offering The Complete Banking Solution: DNA / The Complete Credit Union Solution: DNA for all attendees, which was recently launched in early March. Attendees were able to attend the numerous knowledge workshops, demonstrations and seminars scheduled throughout the four days on the DNA product. 

Prior to the opening day of the conference, Open Solutions Chairman and CEO Louis Hernandez, Jr. hosted a pre-conference Senior Executive Forum (SEF) designed specifically for C-level executives. During the SEF, attendees heard from industry experts on the latest trends affecting the financial market and discussed Open Solutions’ corporate direction and product strategy.

“Open Solutions’ conferences have exceptionally depoliticized-environments,” said Juli Anne Callis, EVP and COO of KeyPoint Credit Union. “Regardless of whether an attendee is from a bank or a credit union, everyone comes together with software commonalities and a shared interest to discuss emerging trends. It’s truly refreshing to see everyone work together.”

“In terms of content, Louis’ executive forum is a very important segment of the conference,” continued Callis. “It is important to our organization for Louis to cast his vision of Open Solutions’ future, and I look forward to his presentations every year.”

SEF attendees were also provided the opportunity to exchange valuable feedback on how Open Solutions and client organizations can work together more effectively.

            “Open Solutions does an exceptional job with its client conferences,” said Mike Casella, vice president of Eagle Bank. “Not only was the conference well organized and well managed, but the company’s management team was visible throughout the entire event. It’s very important to clients to shake hands and build relationships with the company’s decision makers, and this evidences Open Solutions’ commitment to its clientele.  Furthermore, the conference sessions were extremely informative. One in particular was very beneficial to us because it showcased a product that Eagle Bank is soon to install. By learning about another institution’s experience, we were able to better prepare ourselves for the future.”

According to Open Solutions Chairman and CEO Louis Hernandez, Jr., “As the financial services industry continues to change, the value of the annual client conference continues to grow. This years’ conference was designed to provide a vibrant forum for collaboration and a perfect venue for our clients to interact with their colleagues from across the financial services industry as well as our own Open Solutions’ team. This four-day event provided a wonderful opportunity for our clients to learn more about Open Solutions, our products and services, and our initiatives.”

“Each year, our clients representing institutions of all kinds gather to discuss common trends that affect the industry, and through our open forums, we discuss business strategies related to those trends,” Hernandez continued. “In addition, these conferences encourage client feedback to enhance products and services. Open Solutions values this insight as it helps us to continually enhance and round-out our product and service offerings as well as reinforces our strong commitment and desire to provide excellent service to our clients.”

The 2009 Open Solutions Client Conference will be held in April 25-29, 2009, at Mandalay Bay in Las Vegas, NV.

 

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, payments and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts, credit unions and financial services providers in the worldwide 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 2008. Open Solutions Inc. All rights reserved.

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Editor’s 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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