SOURCE: Compushare, Inc.

November 26, 2007 17:47 ET

Compushare Enters Into Exclusive Alliance Agreement With Pacific Coast Bankers' Bank Delivering Managed Technology Services for West Coast Community Bank Market

SAN FRANCISCO, CA--(Marketwire - November 26, 2007) - Compushare, Inc. of Orange County, California and Pacific Coast Bankers' Bank (PCBB) of San Francisco, California have entered into an exclusive alliance agreement and partnership deal that will greatly benefit community bank clients in areas of Information Technology strategy and management.

Formalized in October of 2007, the unique alliance agreement signifies a major milestone in the long established relationship between the two companies. Serving 95% of the community bank market in the state of California alone, PCBB recognized the need to offer clients a trusted, national, financially stable endorsed technology partner to assist in security, compliance, risk management, systems integration and technology support and management efforts for financial institutions.

"A long-time client of Compushare, we recognize their strengths as a market leader and financial technology visionary. We strongly believe they have a lot to offer us in terms of aligning our technology initiatives with the strategic direction of our institution. We want to pass this benefit on to our customers in turn," said Steve Brown, Chief Executive Officer of Pacific Coast Bankers' Bank.

Compushare is the nation's leading provider of outsourced technology and compliance services for community financial institutions. Notably, the Risk and Compliance Group at Compushare is regularly called upon to deliver educational content and training to FDIC examiners nationally. Through the newly formed alliance, PCBB clients now have direct access to the managed technology services, risk management programs and IT experts that have assisted the Bankers' Bank in achieving technology success.

"This [alliance] is a testimonial to our commitment to client satisfaction and validation of our services truly meeting the needs and business concerns of our clients. PCBB is a leader in the marketplace and through our combined efforts and experience, we can create a unique and enhanced solution set to deliver a competitive advantage to our mutual clients," said Romir Bosu, Chief Executive Officer of Compushare.

The cooperation positively affects the competitive landscape for technology service providers to the community banking market and correspondent banks nationally.

About Compushare

Compushare, Inc., a California Corporation headquartered in Orange County, is a Financial Technology Management company that enables community financial institutions to focus on their operations, franchise value and safety. Their expertise and CIOTHiNK! business approach toward technology performance and compliance assures strategic success. Founded in 1995, Compushare provides technology services and compliance services on an outsourced basis that addresses business concerns in Strategy, Safety, Soundness and Support.

About PCBB

PCBB, a subsidiary of Pacific Coast Bankers' Bancshares, is a correspondent bank that provides independent community banks with high quality, competitively priced correspondent banking services. Since inception in January of 1997, PCBB has grown into the second largest of the twenty-one Bankers' Banks in the United States in terms of assets under management. Owned primarily by community banks, PCBB serves a continually increasing number of community banks nationwide.

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