SOURCE: ClairMail, Inc.

Clairmail, Inc.

August 03, 2011 08:00 ET

Clairmail Reports Record Quarter for Bookings and User Adoption Growth in Q2 2011

Corporate Momentum Validated With AlwaysOn OnMobile 2011 Top 100 Award Win

SAN RAFAEL, CA--(Marketwire - Aug 3, 2011) - Clairmail, Inc., the leader in mobile banking and payment solutions, today announced the company's continued growth of bookings and user adoption growth, posting its largest quarter on record and further solidifying its position as a market leader servicing over one-third of the top 50 North American Financial Institutions. Additionally, the company posted triple-digit year over year growth in cumulative transactional, user and alert volume. Clairmail is now signing a new mobile user up every 7 seconds, with peak periods recording one user per second.

Record Growth
Posting its largest quarter on record, Clairmail's quarter/quarter bookings has increased more than 60%. Recent customer wins added to its roster this quarter include UMB Financial Corporation, Kennebunk Savings and Fifth Third Bank, amongst others. Clairmail's market-leading client list now includes seven banks processing more than 20 million requests and alerts per month through the Clairmail platform. The company has now recorded a 240 percent cumulative transactions increase from Q2 2010.

"Mobile banking adoption continues to show no signs of slowing, and it's certainly apparent in the continual demand and interest we've seen from the nation's top FIs for the Clairmail platform," said Pete Daffern, CEO, Clairmail. "We strive to be a true partner to our customers when implementing a mobile solution, and the ever-growing numbers we're seeing in user adoption across our client roster, our record company revenue and marquee lineup of top FIs prove our vision."

AlwaysOn OnMobile Recognition
The company's continual growth, vision and overall product roadmap were also recognized by leading business media brand AlwaysOn as a Mobile Top 100 emergent company in their 2011 OnMobile Awards. This award furthers industry recognition of the company's dedication to connecting FIs with their customers via the mobile channel.

About Clairmail, Inc.
Clairmail is the leading provider of mobile banking and payment solutions. The company provides an enterprise-wide technology platform and family of solutions designed to help financial institutions deliver mobile capabilities to their customers across all lines of business. Clairmail partners with the largest global financial institutions, including one-third of the top 50 North American banks, to deliver innovative solutions via the mobile channel that improve customer acquisition and retention, reduce costs and generate new revenue opportunities. Founded in 2004, Clairmail is headquartered in San Rafael, Calif. For more information call (415) 526-7000 or www.Clairmail.com.

Contact Information

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    Clairmail@launchsquad.com
    (212) 564-3665 or (415) 625-8555