Open Solutions Inc. Partners with Rosetta Technologies

Open Solutions Inc., (NASDAQ: OPEN) a provider of integrated enabling technologies for financial services providers across the United States, Canada and international markets, and Rosetta Technologies Corporation, Tampa, Fla., a leader in secure enterprise printing solutions, announced they will partner to provide enhanced software and MICR laser printers for the printing and management of image replacement documents (IRDs) or substitute checks for the new Check 21 initiative.

With the addition of the Rosetta Technologies functionality to Open Solutions' imaging and item processing product mix, banks and credit unions processing items in-house can print cash letter and IRDs--giving Open Solutions' clients the best of either alternative. "This relationship is unique in that Open Solutions is not only going to resell Rosetta Technologies solutions in a traditional value-added reseller capacity, but Open Solutions is already an end-user of our IRDPrint (TM) solutions in their item processing sites," said Rob Hullar, president of Rosetta Technologies. "We believe Open Solutions is a powerful business partner and they have demonstrated a proven ability to leverage this type of relationship to offer the market solutions both as a value-added integrator and as a service provider for its clients who choose to outsource item processing to them."

"Imaging has the power to dramatically reduce operating expenses for community financial institutions," said Mark Ryan, vice president and general manager, Open Solutions Imaged Payment Technologies. "Institutions have to be advanced enough to leverage image solutions to reduce cost, improve quality and service. Yet they have to be flexible enough to process paper, data and images. Open Solutions offers our clients the options they need to clear items - via paper or electronically - no matter what stage of technological evolution an institution may be in."

Mike Nicastro, Open Solutions' SVP and chief marketing officer, said, "Check 21 is changing long-standing operational strategies within our industry. For those clients looking to stay in front of the competition, our products, services and partnerships give them that choice. Our relationship with Rosetta Technologies allows our clients the opportunity to move even further into the electronic payments world. We believe our technology offers community financial institutions the options and the confidence to adopt new strategies and product offerings at their own pace."

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 and Canada 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.