uMonitor Names Elaine Gieszler Director of Channel Management

Financial technology company expands, invests in strategic partnerships to support demand

MEMPHIS , Tenn. , May 30, 2008 - uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, has named Elaine B. Gieszler director of channel management. Gieszler will manage company’s strategic partnerships to support the growing demand for uMonitor services and further increase the solutions’ availability via channel programs. In addition, she will support the channel partners’ sales teams to help them meet their goals and objectives.

uMonitor is fully integrated with most widely deployed core platforms from providers such as Open Solutions, Fidelity National Information Systems, Fiserv and Symitar. It is also integrated with ID verification and authentication services from companies such as eFunds, Equifax, Experian and Transunion; and loan origination systems from Equifax’ APPRO, Open Solutions’ IA Systems, CUNA Mutual’s Loanliner, and document services from companies like Wolters Kluwer and Ascensus, and check ordering solutions including Deluxe, Liberty, Harland Clarke and Harland. Gieszler will be responsible for managing and growing these relationships as well as continuing to partner with leading technology providers for financial services to further enhance the online banking experience.

"uMonitor enables financial institutions of all sizes to offer online services that support their business models and help them better compete in today’s economic environment," Dinesh Sheth, CEO for uMonitor, said. "We continue to build strategic industry-specific partnerships to provide online services in a comprehensive, cost effective manner. Elaine brings strong leadership and well-rounded business experience that will further bolster our efforts to help our partners."

Gieszler is an accomplished operations manager with more than 14 years of experience managing complex vendor relationships worldwide. Previously, she oversaw multi-faceted projects across cross functional departments and locations. In addition to her management role, she was responsible for overseeing the financial objectives for the overall success of the business. Gieszler earned an MBA degree from the University of Memphis.

About uMonitor – Parsam Technologies
uMonitor financial technologies offer a wide range of online solutions specifically designed to help financial institutions provide the most up-to-date services. These highly configurable and customizable solutions enable financial institutions to increase profitability, generate revenue, improve regulatory compliance, and improve employee productivity while reducing costs. uMonitor technologies include New Account Setup and Online Funding with Switch Kit, New Loan Application Processing, Funds Transfer Service, Bill Presentment and Payment Solutions, Premium Account Aggregation Service, Document Management System, Advisor-Client Relationship Management and other services.

For more information, please visit www.umonitor.com or contact Gillian Smoot at gsmoot@umontitor.com or by phone at 901.757.1212, ext.7115.

Parsam Technologies , LLC
3197 Players Club Parkway
Memphis, Tennessee 38125

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