CashEdge

Business Logic Integrates CashEdge Aggregated Data Into Net-Finance Software for Secure Comprehensive Solution

Mclean, VA - April 23, 2001 —American Banker Account Aggregation Conference — Business Logic Corp., an infrastructure software provider for the financial services industry, announced today that it has integrated aggregation technology from CashEdge, the leading global online account aggregation and funds transfer service, into its Net-Finance Software. This solution will now enable financial institutions to combine the comprehensive financial data aggregated by CashEdge with other specialized external and internal data sources for use in Web applications and other Internet-based systems.

We're very excited about our partnership with Business Logic," said Sanjeev Dheer, CEO of CashEdge. "Being part of the Net-Finance suite enables financial institutions to leverage CashEdge's aggregation capability to power other value-added applications, a natural extension of our deep financial aggregation capability. In addition, by offering the Net-Finance suite to our customers, we expand the range of our offering to go beyond aggregation and funds transfer to include advice and other next-generation solutions."

CashEdge is also a member of Business Logic's Alliance Program. Recently founded by Business Logic, the program is a new type of business model that extends member e-finance providers' market reach, strengthens their Internet offerings and ultimately provides financial institutions with a multiple choice infrastructure solution. The Alliance Program allows institutions to easily plug into any one of the partners, via Business Logic's Net-Finance Software, rather than outsourcing or building their own all-inclusive Internet solution. In addition to CashEdge, other Alliance Program partners include DirectAdvice, FinanCenterâ, financeware.com, Financial Engines, MoneyTools, Morningstar, mPower, and StatiaFX.

"The integration of Business Logic and CashEdge allows financial institutions to get greater control of aggregated data and integrate it into their own Web applications. This provides much greater value to the end customer and the financial institution" said CEO and President John Patterson. "Data from CashEdge can now also be integrated with all other partners that are part of the Net-Finance network."

CashEdge customers can now use Business Logic's Net-Finance Link and Net-Finance Exchange software solutions for the integration of aggregated data into their proprietary Web applications. Net-Finance Exchange is able to extract data from OFX servers, leading data aggregators, XML, and proprietary feeds. Net-Finance Link standardizes the access and messaging of data and business rules between financial accounting systems and Web-based user interfaces. It is presently used to provide online services for more than 12 million accounts in the 401(k) market, including Hewitt & Associates, Northern Trust, INVESCO and many others.

About Business Logic

Business Logic Corporation is an infrastructure software provider for the financial services industry, enabling the next generation of online financial services with its Net-Finance Software. Since 1996, privately held Business Logic has provided software and services to the leaders in the e-finance revolution including five of the top 10 US banks and four of the top 10 mutual fund providers. Investors in Business Logic include General Atlantic Partners and Goldman, Sachs & Co. For more information, contact us at 312.264.7000, info@businesslogic.com or visit www.businesslogic.com.

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.

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