FundsXpress Appoints David A. Coulter of Warburg Pincus as Advisory Member of Board of Directors

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FundsXpress Financial Network, Inc., the premier provider of online financial services, today announced the appointment of David Coulter, managing director and senior advisor at Warburg Pincus, LLC as an advisory member of its board of directors.

FundsXpress Financial Network, Inc., the premier provider of online financial services, today announced the appointment of David Coulter, managing director and senior advisor at Warburg Pincus, LLC as an advisory member of its board of directors.

Prior to joining Warburg Pincus in 2005, Coulter held a number of leadership roles in the financial services industry. From 2001 to 2005, he was vice chairman of J.P. Morgan Chase & Co. He also held a senior executive position at The Beacon Group and served as chairman and CEO of BankAmerica Corporation and Bank of America NT&SA. Coulter is currently a director of PG&E Corporation, Pacific Gas and Electric Company, First Data Corporation, and Strayer Education, Inc.

"I am pleased to announce David's appointment as an advisor to the FundsXpress board," said Brent Warrington, President and CEO of FundsXpress Financial Network, Inc. "His vast experience in the financial services and technology fields will be an exceptional asset to our company and will help continue our impressive growth well into the future."

About FundsXpress Financial Network, Inc.

FundsXpress is a premier provider of Internet-based financial services and products for banks and credit unions nationwide. Through a state-of-the-art data center the company delivers a secure, scalable and proven financial product suite. FundsXpress' products include retail and commercial Internet banking, cash management, automated lending, account aggregation, multi-factor authentication, and dynamic Web sites. FundsXpress clients benefit from the company's value-added compliance support, customer service, and leading adoption rates. For more information, please visit the company at http://www.fundsxpress.com.

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