CashEdge

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CashEdge Moves to Expanded Facilities

Headquarters Relocated to 104 Fifth Avenue

New York, NY – October 26, 2004 —CashEdge Inc. (www.cashedge.com), the only financial application provider that delivers complete suites of integrated online banking, credit union and wealth management solutions, today announced that it has relocated its headquarters to 104 Fifth Avenue in New York City.

The new, larger facilities will accommodate the recent, and ongoing, expansion of CashEdge’s product management and sales and business development groups. Additionally, CashEdge’s new offices are more conveniently located and have expanded conference facilities.

“CashEdge has enjoyed tremendous growth over the past year. We have recently doubled the size of our product management and sales and business development teams and increased the number of clients we serve to more than 175 financial institutions,” said Sanjeev Dheer, chief executive officer of CashEdge. “The new space will provide a higher quality work environment for our team, more space for client meetings, and facilitate our continuing expansion. We are very excited about the move,” Dheer added.
The CashEdge Headquarters was previously located at 628 Broadway.

About CashEdge

CashEdge® provides innovative, online financial applications to banks, credit unions and wealth management firms. CashEdge's solutions include end-to-end online account opening and funding, funds transfer, small business payments and invoicing, and data consolidation. These proven solutions are flexible, scalable and supported by extensive risk management capabilities.

CashEdge has been ranked by Inc. Magazine as one of the 500 fastest growing private companies in the United States for two years in a row. In 2007 it was also recognized by the 2007 Deloitte Technology Fast 500 and Fast 50 as one of the nation's 500 fastest growing private companies and one of the 50 fastest growing companies in the New York area, respectively. The company currently serves hundreds of leading financial institutions including four of the top five banks, 23 of the top 100 banks, and 20 of the top 100 credit unions. CashEdge has offices in New York, Silicon Valley and India. For more information, please visit www.cashedge.com.

Contact:
Jennifer Moritz
Zer0 to 5ive
917-748-4006
jmoritz@0to5.com



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