Corillian and Quova Partner to Protect Organizations from Online Phishing and Fraud Attacks

Business Wire, March 17, 2005

PORTLAND, Ore. & MOUNTAIN VIEW, Calif. -- Online banking and web security leaders respond to security demands of financial services and eCommerce industries

Corillian Corp. (NASDAQ:CORI), the top provider of online banking and anti-fraud solutions to leading financial institutions, and Quova, Inc., the world's leading provider and developer of web geography services and technologies, today announced a strategic partnership to more effectively protect the online presence websites of leading financial institutions and eCommerce organizations from Internet-based attacks. The partnership is a response to the demands of a financial services industry under siege from phishing attacks, which according to the Anti-Phishing Working Group are growing at the rate of over 40 percent a month, up to nearly 13,000 in January alone.

Corillian and Quova have integrated Quova's flagship GeoPoint geolocation service with the Corillian Fraud Detection System, the industry-leading early warning system for online attacks on websites, to identify the geographic location, ISP and organization associated with each website visitor. The combined offering will enhance an organization's ability to proactively identify phishing sites under development, detect fraudulent behaviors, examine potential compliance issues and protect the online assets and reputation of the organization.

"Quova's capabilities in geolocation data and analysis, and their responsiveness as an organization, made them the ideal partner," said Jim Maloney, chief security executive for Corillian. "Being able to instantly determine every website visitor's true location and routing information is enabling us to better secure the websites of some of the nation's largest financial institutions and help them preserve and protect the trust of their customers."

The Corillian Fraud Detection System is a patent-pending web log analysis solution and methodology providing organizations with an innovative way to proactively address online fraud using a technique called Preemptive Forensics(TM). Unlike other available anti-phishing techniques that wait to work until a phishing attack is launched, the Corillian Fraud Detection System provides organizations with a way to identify phishing behaviors before they turn into attacks on the organization and its customers. The extensive rule base in the Corillian Fraud Detection System is not only effective against phishing attacks, but can detect many other types of cyber fraud and cyber attacks, and provides valuable information to help with anti-money laundering, regulatory compliance and web site reliability issues.

"Quova's partnership with Corillian will help meet a critical need for online financial services providers and other organizations -- protecting themselves and their customers from Internet attacks at a time when those attacks are multiplying exponentially," said Gary Jackson, Quova's EVP of worldwide operations. "Corillian is driving the innovative solutions needed to address the growing dangers presented by a dynamically changing Internet. We're proud to join them in the effort to create and deploy those solutions across the marketplace."

About Quova, Inc.

Founded in January 2000, Quova, Inc. is the leading provider of geolocation services to online businesses. Quova's patented technology provides the geographic location of website visitors in real time, enabling businesses to manage digital rights, target content, detect fraud, conduct site analysis and ensure regulatory compliance. Quova's customers and partners include industry leaders such as Major League Baseball Advanced Media, Bell Canada, Cisco Systems, Cyota, NextLinx, ABSOLUT Vodka, HPshopping, VeriSign, 24/7 Real Media, IBM SurfAid, Times Online and Sky Sports. A privately owned company with investments from Mobius Venture Capital, IDG Ventures, Nexus Group, Schoffstall Ventures and Fidelity Ventures, Quova is headquartered at 333 West Evelyn Avenue, Mountain View, California 94041, with European headquarters in Amsterdam, The Netherlands. Quova can be reached at 650/528-3700 and on the Web at www.quova.com.

About Corillian Corp

Corillian is the top provider of online banking and anti-fraud solutions to leading financial institutions. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, integrating hundreds of best practices observed from some of the most innovative financial institutions in the world, as well as best practices in usability and functionality established by industry experts. Corillian features integrated applications across Consumer Banking, Small Business Banking, Wealth Management, Credit Card Management, and Cash Management, as well as enterprise-wide solutions, including Fraud Detection, Payments Warehouse, Alerts, eStatements, and OFX. Empowered with Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com.