LOMBARDI BUSINESS PROCESS MANAGEMENT SUITE LEADS THE WAY IN FINANCIAL SERVICES SECTOR

Austin, TX – 30 January 2007

Leading BPM Vendor Wins Dozens of New Customers; Driving Efficiencies Across A Range of Financial Services Processes

Lombardi®, the leader in business process management (BPM) suite software for Global 2000 companies, today announced more than two dozen financial services organizations across the North American and European markets have adopted the award-winning TeamWorks® BPM platform in support their core business processes in the past year.

In 2006, new financial services customer adoption hit a record level for Lombardi. Enterprise-class clientele included both global and regional organizations focused on private, commercial and investment banking, brokerage and securities firms, financial advising and planning companies, mortgage and other lending institutions, as well as property, casualty, health, life and supplemental insurance carriers.

“Some of the largest and most important business transactions in the world including literally thousands of people and ten’s of millions of events rely on our software,” said Phil Gilbert, EVP and CTO at Lombardi. “That so many have adopted TeamWorks speaks volumes to the level of trust that these companies have placed in the scalability and openness of our software and the strength of our company.”

In the past 12 months, representative financial services companies that Lombardi has added to its customer base include: ING Direct; bfinance; Banco Espirito Santo; Dresdner Kleinwort; Morley Fund Management; National Bank of Canada; National City Bank; Reuters; Spot Trading; Swiss PostFinance; and the UK Insolvency Service. Numerous existing Lombardi clients such as Aflac and Allianz Life have expanded their current TeamWorks BPM deployments, adding additional licenses and services transactions in 2006. More over, Lombardi added additional BPM customers through its relationship with Fiserv, a Lombardi OEM partner targeting financial services.

Examples of financial services processes that Lombardi customers are utilizing TeamWorks for include many “know-your-customer” type process such as brokerage customer relations, customer services, and account activation and management. It also includes processes such as loan origination, middle-office reconciliation, back-office exception management, and regulatory compliance efforts, as well as operational processes such as employee onboarding/offboarding, capital expenditures approval and others.

“Lombardi gained a lot of very important financial services customers at the expense of the competition in 2006 and we don’t plan to stop there,” said Rod Favaron, president and CEO at Lombardi. “Lombardi is clearly playing a critical role in helping to transform business process efficiencies throughout the financial services community.”

Lombardi TeamWorks is the leading BPM software platform for designing, executing, and improving business processes. The product is built on open standards and provides ongoing process visibility and control, increasing the speed and flexibility with which organizations can manage process activity and decision-making. TeamWorks includes a rich, cohesive Eclipse-based modeling environment for building all aspects of a business process, a highly collaborative web-based work portal for process participants, and provides industry-leading optimization technologies for analyzing and improving business processes.

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