Q2 Software Announces Strong Adoption of New Electronic Banking Platform

Updated technology enabling Q2 customers to compete and win against chain banks.

Austin, TX (PRWEB) June 18, 2007 -- Q2 Software, Inc., a financial services technology company founded in late 2004, today announced strong adoption of their new Electronic Banking platform and record results in their first 18 months of active business. The company announced 68 new clients signed in calendar year 2006 for their integrated Online Banking, Voice Banking and Web Content Management platform. These clients replaced 7 different incumbent platforms in financial institutions ranging from de novo to $10B in assets and supported integration with over 10 different real-time core processing systems.

"The interest in and adoption of our new platform has exceeded all of my initial expectations, and demonstrates the significant need within our industry" says R.H. "Hank" Seale III, Founder and CEO of Q2 Software. "Our new platform is designed to provide our partner banks with technology to compete and win against Bank of America and other chain banks, not only the community bank across the street. Our customers were hungry for a significant technology update, improved customer service and lower operational cost, and we have assembled the best team available to deliver these meaningful and profitable solutions."

Adam Anderson, Chief Technology Officer of Q2 Software adds, "The ability to design a new electronic banking platform from scratch has enabled us to be responsive to the needs of our customers and not be hamstrung with legacy platforms, products and decisions. Also, we have optimized our conversion tools and processes from many competitive platforms, which is a significant advantage for our clients. Q2 is focused on developing and delivering high quality electronic banking software, but at the same time we are continuing to build and support a Service-Oriented Architecture to meet broader goals and objectives beyond electronic banking in 2008."

About Q2 Software, Inc.

Q2 Software, Inc., a CBG Holdings company, is a privately-owned and bank-owned provider of electronic banking software and services for financial institutions focused on delivering leading-edge technology and unmatched customer service. Their online banking, voice banking and web content solutions can be hosted either at the financial institution or in the Q2 data center and operate on an easily-supported Microsoft®-based platform. Unique "on demand" feature access within a single, packaged application enables Q2 financial institutions to configure products and services to meet the varied needs of their customers. Q2 offers unprecedented integration between the web, voice and mobile banking channels, and supports cross-channel Multi-Factor Authentication as well as open vendor integration with the financial institution's other customer-facing third-party applications. Q2 also offers web services contracts that support third-party development and controlled extension of their solutions. Q2 Software is a Microsoft Certified Partner and Independent Software Vendor. To learn more about Q2 Software, visit their website at www.Q2software.com.

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