SOURCE: Envision Financial Systems, Inc.

July 31, 2006 10:15 ET

Envision Financial Systems Announces Hiring of Chief Financial Officer

TUSTIN, CA -- (MARKET WIRE) -- July 31, 2006 -- Envision Financial Systems, the award-winning software company for the financial industry, today announced it has hired Mr. Grant Brisacher as its Chief Financial Officer, effective immediately.

Mr. Brisacher is a seasoned financial executive with 25 years of experience in company financial management and reporting. Mr. Brisacher was formerly a partner with McGladrey & Pullen, LLP, one of the five largest national CPA and consulting firms. Mr. Brisacher has also held several executive level financial management positions in a wide variety of industries for privately held companies, as well as experience with industries such as software development, government contracting and professional services.

"We are very pleased to have Grant join our team," said Satnam Gambhir, President of Envision. "He brings a tremendous amount of experience in a variety of key areas for financial and corporate management. We believe Grant will allow Envision to maintain the financial and operational discipline necessary as we continue our rapid expansion worldwide."

"I'm very excited about Envision's potential, particularly in this period of new exciting partnerships and product launches," said Brisacher. "I look forward to assisting the company continue its drive toward market leadership."

Mr. Brisacher received an MBA from the University of Chicago's Graduate School of Business (GSB).

About Envision Financial Systems

Founded in 1994, Envision Financial Systems, Inc. is a leading provider of software solutions to the mutual fund and financial services industry. Using an in-depth knowledge of the industry and extensive experience in software development, they create leading-edge global systems that are intuitive, scalable, and flexible. Their systems are based upon open standards, helping their clients compete in the ever-changing global environment. Envision's headquarters are in Tustin, California, with offices in Owings Mills, Maryland and Bangalore, India. For more information, visit www.enfs.com.

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