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Fincentric Provides Rainier Pacific Bank Consolidated View of Customer with Launch of i-Wealthview



Vancouver, BC — September 5, 2002 – Fincentric Corporation, a leading global provider of enterprise wealth management and core banking software, today announced that Rainier Pacific Bank has launched Fincentric’s i-Wealthview Wealth Management™ system, running live as of August 6th as scheduled.

“The i-Wealthview system will help provide us with the necessary platform to present a single consolidated view of the customer through a new customer relationship management tool, regardless of the customer’s product mix in banking, mortgage, insurance or brokerage,” said John Hall, Rainier Pacific’s president and CEO. “This will enable us to analyze the customer’s portfolio across the enterprise, offer relevant products and services based on their personal objectives, and help them make informed decisions.”

Based in Tacoma, WA, Rainier Pacific Bank serves over 43,000 customers in the Pacific Northwest and manages US $490 million in assets. It provides a full range of banking services, property and casualty insurance, and financial planning and investment services. Deploying Fincentric’s i-Wealthview Enterprise server, along with built in applications for enterprise Customer Value Management, completes phase one of the bank’s i-Wealthview implementation.

The bank will be implementing Fincentric’s full suite of core banking and wealth management products to accommodate its converged offering of banking, insurance, and investment services. Modules of i-Wealthview to be implemented by Rainier Pacific early 2003 include i-Wealthview Banking™, i-Wealthview Data Aggregation™, and i-Wealthview Personal Portal™, which will provide Rainier Pacific customers a single-point-of access to their entire financial services portfolio.

“With the capability of a consolidated view of the customer’s total net worth, Rainier Pacific Bank will now see the customer’s full relationship with the institution,” said Mike Cardiff, Fincentric president and CEO. “This enables them to develop new products and services, customized treatment strategies along with targeted sales, marketing and referral campaigns--all towards building customer retention, growth and overall profitability.”

About Fincentric
Fincentric Corporation is a leading global provider of enterprise wealth management and core banking software. Fincentric's i-Wealthview™ wealth management software products include 'next generation' core banking, Customer Value Management™, data aggregation, Internet and wireless financial portals and full multi-channel support. Its revolutionary Customer Value Management™ capabilities provide profitability and relationship analysis that allow financial institutions to recognize the value of each customer, and maximize their profitability. Fincentric products enable financial institutions to quickly deploy solutions for their converging financial service offerings, while also supporting capabilities for increasing customer profitability, customer acquisition, and retention. Fincentric has approximately 300 customers worldwide, and has strategic relationships with Microsoft, Compaq, and other international partners. For more information, visit Fincentric's home page at www.fincentric.com, or call (604) 278-6470.

Fincentric, i-Wealthview, i-Wealthview Banking and Customer Value Management (CVM) are trademarks of Fincentric Corporation.

Media Contacts:

Fincentric Corporation:
Shella Evangelista
Media & Analyst Communications Manager
Fincentric Corporation
Tel: (604) 214-5710