COMPUSHARE BUILDS MOMENTUM WITH COMMUNITY FINANCIAL INSTITUTIONS IN 2004, SEES GROWTH TRENDS CONTINUING IN 2005
IT consulting firm tally's record client growth, revenues and profits by exclusively serving the needs of community financial institutions nationwide

South Coast Metro, Calif., Jan. 3, 2005 – Compushare, provider of information technology, consulting and implementation solutions for community financial institutions, completed 2004 having achieved record revenue and client growth and is poised to continue its success in 2005. The firm credits its focus on helping community financial institutions select, implement and support the right technology solutions as the key reason for its record year.

“Compushare’s tremendous gain in market share is a testament to the value community institutions place on our exclusive focus on their industry and their specific needs,” said Romir Bosu, president of Compushare. “Our reputation continues to grow stronger and enabled us to add almost 25 percent more clients this year. We anticipate seeing this growing momentum continue into 2005, especially with the continuing importance of compliance and security issues.”

In 2004, more than 60 community financial institutions turned to Compushare for consulting, integration and support for the first time, including 12 credit unions. The company now serves a total of 343 community institutions nationwide and plans to add 100 more institutions in 2005.

“Our exclusive focus on community financial institutions enables us to offer unparalleled expertise and support to our clients,” said Bosu. “This year we had a major focus on training and development of our personnel, and our record revenue, profits and additional clients are a validation of our efforts. We look forward to 2005 and will continue offering the best IT consulting and support available to community financial institutions nationwide.”

As the financial industry continues to focus on security issues and compliance regulations, institutions will need to be familiar and prepared for any changes and Compushare foresees an even greater demand for its services in 2005. Security and compliance will forever be in an evolving state and be a concern for financial institutions. Compushare tailors its services to match industry changes in order to be the most qualified consulting provider to community financial institutions.

About Compushare

Compushare is a professional services firm that specializes in providing information technology consulting and solutions to community financial institutions. The firm helps clients plan, implement, execute and support technology and processes to upgrade IT infrastructure, remain compliant with federal and state regulations and automate or outsource IT functions. Headquartered in South Coast Metro, Calif., Compushare has additional offices in Chicago, Dallas, Houston, Las Vegas and San Francisco. For more information visit www.compushare.com.