Open Solutions to Host 2005 Annual Client Conference in San Diego; Mor

    Business Editors

    GLASTONBURY, Conn.--(BUSINESS WIRE)--April 14, 2005--Open Solutions Inc. (NASDAQ: OPEN), a provider of integrated enabling technologies for community financial institutions, will host its 2005 Open Solutions' Annual Client Conference in San Diego, Calif., on April 16-20, at the Sheraton San Diego Hotel and Marina. Open Solutions expects more than 1,000 attendees, a 25 percent increase over last year.
    In addition to Open Solutions' Chairman & CEO Louis Hernandez, Jr.'s opening keynote address, the conference's guest keynote speakers include Debbi Fields, founder of Mrs. Fields Cookies, now a $450 million company, and Roy Firestone, renowned speaker, interviewer and host of ESPN's Up Close. Both will discuss experiences in entrepreneurial accomplishments, issues and obstacles.
    The client conference will cover several key topics for the industry, including the latest technology and business trends, client success stories, focus group sessions, product demonstrations and the communication of new product developments. The conference provides two-way, open communication between Open Solutions and its financial services clients, as well as learning and networking opportunities. Specific sessions allow attendees to interact with Open Solutions' management, development and service teams; discuss ideas; develop technology-based strategies to identify best practices; and promote dominance in their individual markets.
    "The Open Solutions' Annual Client Conference was designed as an additional means of fostering and maintaining a solid understanding between our clients and our company," said Mike Nicastro, senior vice president of Marketing and Product Development for Open Solutions. "We want to ensure that we build working relationships with our client base and provide them with technology solutions that continue to meet their ever-changing needs. This program has a track record of success and has proven year-after-year to be beneficial for everyone involved. Our overall goals with this type of client-focused gathering are to closely interact with our clients; provide them with information about our company; and to solicit valuable input that will help us to continue to enhance and improve our product and service offerings."
    "This conference is a great opportunity for our client credit union and banking executives from across the U.S. and Canada to come together to discuss ways to better compete in their respective marketplaces," said Louis Hernandez, Jr. chairman and CEO for Open Solutions. "Our proven willingness to listen and collaborate with clients is essential to having a successful partnership. We truly believe that we have thought leading and innovative clients and that this conference provides the ideal environment for us to gather together to share ideas, discuss common issues and obtain feedback. As the industry changes, the value of this event continues to grow. It is designed to provide a vibrant forum for collaboration and a perfect venue for our clients to interact with their colleagues from across the financial services industry and to learn more about Open Solutions, our products and services, and our initiatives."
    The 2005 conference will include representation from Open Solutions' banking and credit union core data processing clients, as well as clients using the company's full suite of complementary products and services. These solutions include loan origination, Internet banking, cash management, financial accounting, CRM/business intelligence tools, electronic imaging/item processing, remittance and interactive voice telephony.
    Additionally, Open Solutions invited alliance partners to participate in the Solutions Expo that represents integrated third party technology applications and will further present the variety of technologies available to financial institutions via relationships with Open Solutions.
    This will be the largest conference to date for Open Solutions. Hernandez said, "All of us at Open Solutions are please to welcome our clients to this year's conference in San Diego and we look forward to a great conference experience."

    About Open Solutions Inc.

    Open Solutions Inc. offers a fully-featured strategic product platform that integrates core data processing applications, built on a single centralized Oracle(R) relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, Check 21, electronic image/item processing, interactive voice response, payment and loan origination solutions. Open Solutions' full suite of products and services allows banks, thrifts and credit unions to better compete in today's aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.
    For more information about Open Solutions, or its financial product line, contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com, by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions' Internet site at www.opensolutions.com. Open Solutions Inc. (R) is a registered trademark of Open Solutions Inc. All other company and product names may be trademarks of their respective owners. Copyright (C) 2005 Open Solutions Inc. All rights reserved.

    Safe Harbor Statement

    Statements made in this press release that state Open Solutions Inc.'s or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. All forward looking-statements are only as of the date of this press release and Open Solutions Inc. undertakes no obligation to update or revise them. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause Open Solutions Inc.'s actual results to differ materially from those projected in such forward-looking statements. For example, we have entered into and may continue to enter into or seek to enter into business combinations and acquisitions which may be difficult to integrate, disrupt our business, dilute stockholder value or divert management attention. Factors which could cause our actual results to differ materially from those projected in forward-looking statements include, without limitation, economic, competitive, governmental and technological factors affecting the banking and credit union industry and/or Open Solutions Inc.'s operations, markets, products, services, prices and other factors set forth under the heading "Factors Affecting Future Operating Results" in Open Solutions' Annual Report on Form 10-K for the year ended Dec. 31, 2004, as filed with the Securities and Exchange Commission on March 16, 2005.

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CONTACT: Open Solutions Inc., Glastonbury Marvin (Mickey) Goldwasser, 860/652-3153 mgoldwasser@opensolutions.com or Media Contact for Open Solutions Inc. Andrew McCaskill, 678/781-7210

KEYWORD: CONNECTICUT CALIFORNIA INDUSTRY KEYWORD: HARDWARE BANKING SOFTWARE NETWORKING SOURCE: Open Solutions Inc.

Copyright Business Wire 2005