SOURCE: EVault

March 21, 2005 08:00 ET

EVault and CUSA Technologies Partner to Provide Online Backup for Credit Unions

EMERYVILLE, CA and SALT LAKE CITY, UT -- (MARKET WIRE) -- March 21, 2005 -- EVault, Inc., a leading provider of secure, online backup and recovery solutions, announced a partnership today with CUSA Technologies to provide its online backup and recovery managed services to CUSA Technologies' installed base of more than 850 credit union clients.

CUSA Technologies, a unit of Fiserv, Inc. (NASDAQ: FISV), is a leading developer of credit union management software systems and provides a full range of support, training, statement processing and network services. By partnering with EVault, CUSA Technologies complements its disaster recovery service offerings by providing their clients with EVault's fully automated, managed services that back up business-critical files and folders to a secure data center. Safely off-site, encrypted data is professionally managed and always available online for CUSA Technologies' clients to immediately access.

"EVault's online backup services are proven solutions designed specifically for the size of credit unions we service," says Dennis Connick, president of CUSA Technologies. "Their unique ability to provide practical backup solutions for a wide range of operating systems demonstrates their commitment to our market."

As part of CUSA Technologies' disaster recovery program, Dane County Credit Union in Wisconsin recently deployed EVault. The credit union has 40 employees that support more than 8,500 members from three branches in the Madison area. The credit union's core processing systems, which include members' account information, general ledger and ATM transaction records, are backed up each night to EVault's tier-one data center.

"With our members now able to conduct banking at home 24x7, it's crucial that our backups and restores complete within their allotted time windows and take human error out of the equation," says Shay Santos, vice president of finance and information technology for Dane County Credit Union. "Using EVault, we are able to easily test our disaster recovery strategy and cut our restoration times from several hours or a day to minutes; all while leveraging our existing server and networking infrastructure."

"EVault online backup and recovery managed services are ideal for credit unions like Dane County, which have limited IT resources but still require immediate access to critical financial information," says Phil Gilmour, EVault president and CEO. "Credit unions have two trusted partners in EVault and CUSA Technologies that are committed to providing turnkey services to ensure their key business processing solutions remain secure and accessible."

About EVault

EVault enables customers to fulfill a very important component of their business continuity program by efficiently and reliably safeguarding their data backup through a fully automated process. Today, EVault software and managed service offerings are the basis for critical data protection and recovery for thousands of businesses worldwide. The technology has helped perform millions of backups and tens of thousands of successful restorations. For more information, please visit www.evault.com or email info@evault.com.

About CUSA Technologies

CUSA Technologies, a unit of Fiserv, Inc., is a leading developer of credit union management software systems and provides a full range of support, training, statement processing and network services to an installed base of more than 850 credit unions throughout the United States, Puerto Rico and Canada. CUSA Technologies can be found on the Internet at www.cusa.com.

About Fiserv

Fiserv, Inc. provides information management systems and services to the financial industry, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 16,500 clients worldwide, including banks, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported $3.4 billion in processing and services revenues for 2004. Fiserv was ranked the largest provider of information technology services to the U.S. financial services industry in the 2004 FinTech 100 survey by the American Banker newspaper and the Financial Insights research firm. Fiserv can be found on the Internet at www.fiserv.com.

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