MEMPHIS, Tenn., August 13, 2009 - uMonitor, the provider of innovative financial solution services specifically designed to help financial institutions improve operational efficiencies while providing the most up-to-date services, today announced that it ranked in the 2009 Inc. 5000 list for the second consecutive year. The company's 242.0 percent revenue growth from 2005 to 2008 earned it a place among these highly successful companies.

The 2009 Inc. 5000, unveiled Wednesday on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.

"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every year."

uMonitor is a financial solution services provider for banking customer acquisition and retention. The company offers a wide range of Web-based solutions specifically designed to help financial institutions improve efficiencies and provide the most up-to-date online banking services. Its solutions enable financial institutions of all sizes to increase profitability, generate new revenues and improve regulatory compliance and employee productivity.

"Financial institutions continue to see the opportunities with uMonitor's innovative solutions with improved operational efficiencies, reduced costs and enhanced online self service offerings," explained Dinesh Sheth, CEO for uMonitor. "We are proud to be recognized by Inc. for the second consecutive year for our stable growth. With financial institutions searching to improve customer experience and operational experiences need solutions provided by uMonitor, we look forward to many more years of success."

About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.

About uMonitor - Parsam Technologies
uMonitor financial technologies offer a wide range of online solutions specifically designed to help financial institutions improve operational efficiencies while providing 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 are available across all channels , online, branch and call center, and include New Account Setup and Funding with Switch Kit, New Loan Application Processing, Funds Transfer Service, Bill Presentment and Payment Solutions, Premium Account Management Service, Document Management System, Advisor-Client Relationship Management and other services.