Major Corporate Federal Credit Unions Jointly Deploy Online Banking System From Financial Fusion; Viecore Implements Unique System Designed for Credit Unions

Business Wire, Jan 6, 2003

Business Editors/High-Tech Writers

CONCORD, Mass.--(BUSINESS WIRE)--Jan. 6, 2003

Financial Fusion(R) announced today the successful completion of a large-scale implementation of Financial Fusion Consumer e-Finance Suite (CeFS) to create an exclusive online banking system for leading corporate federal credit unions, Empire Corporate Federal Credit Union (New York) and Southwest Corporate Federal Credit Union (Texas). These corporate credit unions, in turn serve over 2,250 natural-person credit unions. The solution is currently providing service to 55 additional credit unions, and is expected to grow to many hundreds more, with the eventual possibility of hundreds of thousands of online users.

Financial Fusion was selected by the credit union consortium for their ability to develop a system that would handle the volume and functionality requirements to serve the online banking members of nearly 10,000 credit unions nationwide. Financial Fusion chose systems integrator, Viecore, to manage the implementation of the project. The system, allows each credit union that subscribes to the online banking service the ability to deploy a uniquely branded user interface, as well as the ability to customize the products and services they offer their end users. With the combination of Financial Fusion, Viecore, and IBM, the corporate credit unions are able to offer an award-winning online banking solution. The service is specifically tailored to meet the needs of credit unions with a rapid deployment model that reduces the time and implementation costs traditionally associated with customized high-end solutions.

Working with IBM, one of Financial Fusion's strategic partners, the corporate credit unions are able to provide a hosting solution to all their natural-person member credit unions that effectively utilize a shared infrastructure while significantly reducing their operating costs. The flexibility of the service to allow various levels of customization, and the cost savings of the shared service makes this attractive to both small and large credit unions.

"We are extremely pleased with the flexibility of Financial Fusion Consumer e-Finance Suite that allows our credit union members to customize their individual sites to best reflect each institution's online initiatives," said Charles White, Chief Strategic Services Officer, Empire Corporate Federal Credit Union. "It was important for Empire Corporate to partner with a financially stable, proven financial services providers like Financial Fusion and Viecore to ensure the long-term success of this project."

"Financial Fusion is dedicated to providing customizable online banking solutions that meet the unique needs of diverse market participants," said Richard Moore, president and COO, Financial Fusion. "We are confident that our partnership with the corporate credit unions will allow even small community-based credit unions the same award-winning features and functionalities that our most progressive customers employ."

About Financial Fusion Solutions for Banking

Financial Fusion's Banking Solutions are designed to meet the online banking needs of the financial services industry. Our solutions offer multiple delivery channel banking services for consumers, small businesses and corporate cash management customers. We support account aggregation, banking and bill payment, customer care, EBPP, and OFX/IFX.

Financial Fusion provides integrated financial solutions to more than 200 of the world's leading financial institutions. Global alliance partners include IBM, Sun Microsystems, and SWIFT. The company supplies service and support in 60 countries and is a wholly owned subsidiary of Sybase, Inc. (NYSE: SY).

About Viecore, Inc.

Viecore is a professional services firm specializing in the delivery of complex IT solutions to the Financial Services Industry. With over 12 years of design, development and implementation experience, Viecore has successfully provided superior end-to-end application solutions for their customers. Viecore customers include many Capital Markets, Credit Unions, Banking and Financial Services organizations. Headquartered in Upper Saddle River, NJ, Viecore is a market leader with an international presence in Sydney, Australia. For more information, please go to http://www.viecore.com or call 201.818.6600.

Financial Fusion, Inc., and the Financial Fusion logo are registered trademarks of Financial Fusion, Inc.