ING DIRECT Brings Italy Live on Sanchez' PROFILE Banking Solution; Italy Joins the United States, France, Spain and Canada as Latest ING DIRECT Bank Powered by PROFILE

Business Wire, May 23, 2001

Business Editors/Hi-Tech Writers

MALVERN, Pa.--(BUSINESS WIRE)--May 23, 2001

Sanchez Computer Associates Inc. (Nasdaq:SCAI) today announced that ING DIRECT Italy, a retail banking unit of ING Group N.V., is the most recent ING DIRECT bank to operate its non-branch, e-banking business using Sanchez' PROFILE(R) integrated banking solution.

ING DIRECT Italy, headquartered in Milan, went live with Sanchez' solution in April. ING DIRECT Italy entered the Italian financial services marketplace with its trademark "Orange Savings Account." In Italy, the orange account is called "Conto Arancio" and has a 5.3 percent interest rate. Customers access ING DIRECT through the phone or the Internet. Sanchez' PROFILE integrated banking solution processes the transactions associated with customers' accounts.

"ING DIRECT Italy went live in record time," said Don Koch, vice president of information technology for ING DIRECT. "Relying on the experience and knowledge gained from the other ING DIRECT installations, we were able to move our offering to the marketplace quickly."

Since going live in Italy, public response to ING DIRECT's high-interest yielding savings product has been favorable, according to Koch. During the bank's first week of operation, public response exceeded expectations, with more than 50,000 potential customers making inquiries and several thousand customers opening accounts, said Koch.

"The successful launch of ING DIRECT Italy marks the fifth direct bank now powered by a Sanchez PROFILE banking solution," said Richard Jefferson, Sanchez' executive vice president of international operations. "This is the perfect platform for ING DIRECT because the solution provides them with flexible product manufacturing to accommodate rapid product changes such as interest rates and terms, a customer-centric database that helps them focus on customers, and a high-volume transaction processing infrastructure that can scale to meet their anticipated growth requirements."

In addition to Italy, PROFILE powers ING DIRECT banks in Canada, Spain, France and the United States. Together with a direct bank in Australia, ING DIRECT has more than 950,000 accounts with more than EUR 10 billion in assets. The aim of ING DIRECT is to become the worldwide retail brand providing transparent banking, insurance and asset management products by telephone, direct mail and the Internet.

ING DIRECT Italy's successful implementation continues to build on the business relationship between Sanchez and ING Group, a multinational Dutch financial services company that ranks as one of the world's 10 largest financial institutions. Sanchez and ING Group signed a software licensing agreement for PROFILE products in July 1997.

About ING DIRECT

ING DIRECT is part of the ING Group. ING Group is a global financial institution of Dutch origin. It is one of the 10 largest financial institutions in the world. The company, which employees approximately 100,000, is active in banking, insurance and asset management in more than 70 countries. ING seeks to provide a full range of integrated financial services to personal, corporate and institutional clients through a variety of distribution channels, giving them the freedom to choose the option which best suits their individual needs. ING comprises a broad spectrum of prominent companies working close to the customer, many of them operating under their own brand names.

About Sanchez & e-PROFILE

Sanchez is a leading global developer and integrator of financial service software systems for top-tier financial institutions. The company maintains its corporate headquarters in Malvern, Pa., and runs its international operations from Chester in the United Kingdom. The company also operates offices in Warsaw, Poland; Madrid, Spain; and Singapore. Sanchez designs, develops, markets, implements and supports the PROFILE(R) suite of integrated retail banking and brokerage software solutions. Products within the suite provide institutions with comprehensive solutions for retail banking, brokerage and financial services integration. Sanchez also develops and markets GT.M(TM), a high-performance database engine optimized for transaction processing, a development platform and a compiler for the ANSI standard M language. Sanchez also offers e-PROFILE(TM), a vertical services provider (VSP) for the financial services industry that provides integrated end-to-end operations and technology solutions that enable top-tier financial services companies to offer on-line financial services to their customers. e-PROFILE is a majority-owned subsidiary of Sanchez and maintains its headquarters in Malvern and an operations center in Seven Fields, Pa., a suburb of Pittsburgh, Pa. For more information, visit Sanchez on the Web at http://www.sanchez.com, or send e-mail to profile@sanchez.com.

This news release contains forward-looking statements about Sanchez and e-PROFILE, including, but not limited to, statements concerning the company's revenues, expenses and earnings for 2001, the company's future profitability, and the company's business development efforts. When used in this news release, the words "anticipate," "estimate," "expect," "intend," "plan," "project" and variations of these words and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in any such forward-looking statement due to a variety of factors in addition to those specifically identified above. These factors include, but are not limited to, the demand for products and services in the financial services industry, competition among software and technology companies serving that industry, the timing of new contract closings, potential delays in the implementation of products and services, the success of the Company's e-PROFILE business model, the extent to which the Internet will be used for financial services and products, the development of the top-tier and direct banking markets, market acceptance of the Company's products and services within these markets, the Company's ability to protect its intellectual property rights, the potential adverse impact of security breaches, the Company's ability to continue to improve its products and services, business and economic conditions, and those additional risks identified in the company's Form 10-K for 2000, which was filed with the SEC on April 2, 2001. The company undertakes no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. PROFILE is a registered trademark and PROFILE/Anyware, PROFILE/Xpress, PROFILE/Xpress AE, PROFILE/WebConsumer, PROFILE/Securities, PROFILE/WebCSR, PROFILE for Windows, PROFILE/Application Tools, PROFILE/FMS (Financial Management System) are trademarks of Sanchez Computer Associates, Inc. e-PROFILE is a trademark of e-PROFILE Inc. All other company and product names may be trademarks of the respective companies with which they are associated. Windows is a registered trademark of Microsoft Corporation in the USA and/or other countries.