Open Solutions to Announce Third Quarter 2006 Financial Results on Oct. 30, 2006

Open Solutions Inc. (Nasdaq: OPEN), provider of integrated enabling technologies for financial institutions in the United States, Canada and internationally, announced today that it will release its financial results for the third quarter ended Sept. 30, 2006, after the close of the financial markets on Monday, Oct. 30, 2006.

Shortly following the earnings announcement, Open Solutions will host an investor conference call at 5:00 p.m. Eastern Time (ET) on Monday, Oct. 30. This conference call will be Webcast live, and the recorded Webcast and telephone replays of the conference call will be available two hours after the conference call is complete. The Webcast and telephone replays will be accessible for one week following the conference call. Instructions on how to gain access to the Webcast, the live phone call and telephone replay are listed below.

Webcast and Phone Call

Open Solutions will host a live Webcast of its Third Quarter Investor Conference Call on Monday, Oct. 30 at 5:00 p.m. ET. To access the Webcast, visit Open Solution's Web site located at www.opensolutions.com, enter the Investor Relations section and click on the Event Calendar link. To access the live conference call by phone, call 866-356-4441 (or 617-597-5396 outside the United States), and enter the pass code 92522265.

Telephone Replay

A telephone replay of the call will also be available for one week after the live call by calling 888-286-8010 (or 617-801-6888 outside the United States), and entering the pass code 68516511.

About Open Solutions Inc.

Open Solutions Inc. (www.opensolutions.com) offers a fully featured strategic product platform that integrates core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, digital documents, Check 21, interactive voice response, network services, Web hosting and design, and payment and loan origination solutions. Open Solutions' full suite of products and services allows banks, thrifts, credit unions and financial services providers in the United States, Canada and internationally 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.