Inmatrix Participates in Western Independent Bankers 49th Annual Conference; Draws Impressive Number of Conference Attendees

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Inmatrix debuted its Optimist and Portfolio Strategist solutions at the association’s 49th Annual Conference held March 18-22, 2006 at the Marriott Camelback Resort in Scottsdale, Ariz.

In an effort to help members of Western Independent Bankers (WIB) grow their commercial loan portfolios, Inmatrix debuted its Optimist and Portfolio Strategist solutions at the association’s 49th Annual Conference held March 18-22, 2006 at the Marriott Camelback Resort in Scottsdale, Ariz. The draw to Inmatix’s Vendor Showcase Presentation was unprecedented with well over 100 of the conference’s 346 registered participants in attendance.

"As our newest WIB-endorsed Value & Income Program (VIP) Partner, Inmatrix garnered an exceptionally strong and positive reception from our attendees," said Anne Scully, president of WIB Service Corporation. "The level of interest and enthusiasm exhibited for the Optimist and Portfolio Strategist products was extraordinarily high. We believe this endorsed suite of products will bring significant value-added to our members' ability to monitor and manage their credit risks."

Representing Inmatrix at the Vendor Showcase Presentation were David Smorgon, executive chairman; David Allen, president and chief executive officer; and Steven Weinberg, senior vice president & national sales manager. Attendees -- including directors, presidents, and senior officers of WIB-member banks -- were introduced to the powerful capabilities of the Optimist and Portfolio Strategist commercial banking software solutions.

“Optimist and Portfolio Strategist are the ideal solutions for community bankers striving to succeed in the commercial lending arena,” said Inmatrix’s Smorgon. “These products enable them to simultaneously develop strong relationships with their clients and manage risk to their banks. The unique, interactive dashboard approach of both Optimist and Portfolio Strategist enhance financial communications between a banker and client and assist in positioning the banker as a trusted financial advisor. Bankers also gain the ability to diagnose clients who are showing signs of deterioration, closely monitor changes in their performance, and implement corrective action early on to prevent problem loans.”

In addition to the Vendor Showcase Presentation, Inmatrix hosted a reception for registrants and their guests. Five-hundred attendees enjoyed cocktails, hors d’oeuvres, and games of skill and chance including “Dunk the CEO or Chairman.” All proceeds from the Dunk Tank went to the Enduring Freedom KIA Fund, which benefits families of U.S. soldiers killed in Afghanistan and Iraq.

About Inmatrix

Inmatrix Inc. offers a dynamic, interlocking suite of credit risk management solutions for banks seeking to increase their commercial loan businesses. From credit assessment and monitoring of individual borrowers or portfolios to stress testing of business plans, key financial drivers, and credit scenarios, Inmatrix has the tools banks need to achieve superior business results. The company was founded in Melbourne, Australia, in 1999 and has enjoyed rapid global growth with offices now in the United States and Canada. For more information, visit http://www.inmatrixinc.com.

About Western Independent Bankers

Established in 1937, Western Independent Bankers (WIB) provides education, endorsed products and services, and peer networking opportunities to community bankers in the Western United States and U.S. Territories. WIB has more than 300 bank members and 175 community bank service providers. WIB’s core purpose is to offer learning opportunities through outstanding educational and leadership development forums. WIB currently offers more than 200 educational programs annually to help community bank professionals stay informed. WIB is a unique regional banking association and is neither a chapter of, nor affiliated with, any other financial services trade association. For more information, visit http://www.wib.org.

About Western Independent Bankers Service Corporation

WIB Service Corporation is a wholly owned subsidiary of Western Independent Bankers. Established in 1994, WIB Service Corporation provides high-quality, value-added services and products that enhance the competitive advantage of WIB member banks. WIB Service Corporation’s Value & Income Program (VIP) Partners offers value-added services and income potential for WIB member banks. For more information, visit http://www.wib.org.

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Roger Pell