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Fincentric Celebrates 20 Years of Software Innovation



Vancouver, BC, June7, 2004 – Fincentric Corporation, a leading provider of core banking and customer value management software, announced that it had reached a major milestone in the company’s history – its 20th anniversary. It was June 5, 1984 that its founders incorporated the company, originally named Prologic, and began to develop the world’s first Personal Computer-platform core banking software system. Today, the Richmond, B.C.-based company employs over 180 people, has offices in the US, UK, Mexico and Canada, and has customers in 27 countries around the world.

“It is with thanks to our customers and our team of talented and passionately dedicated employees that we mark our twentieth anniversary,” stated Alice Laberge, Fincentric’s President and Chief Executive Officer. “With a history of software innovation and leadership, we continue to realize our vision to help financial institutions grow the value of their customers.”

Fincentric’s founders recognized the opportunity to take the software functionality that existed exclusively on the mainframe platform, which included real-time transaction processing and applications for deposit taking and lending, to the low-cost PC-platform.

“Not only were our founders revolutionary in bringing mission critical banking to the Microsoft/Intel-platform, but they also pioneered the first truly customer-centric banking system,” said Shirley Sellers, product manager. “While most banking systems view a customer as a group of independent accounts, ours was architected to identify the customer as a single entity, with profile information, accounts and relationships created from the central record. Fincentric has led the industry in its software design approach to relationship banking.”

Fincentric continues to release innovative products for the financial services industry. Its newest product is Wealthview Leadbuilder, an application for increasing leads by distributing targeted marketing campaign offers to frontline service representatives at the point of customer interaction.

For more about Fincentric and the story of its early history, visit our website at www.fincentric.com/anniversary.

About Fincentric Corporation
Fincentric is a leading provider of core banking and customer value management software to the global financial services industry. Fincentric’s Wealthview family of products enables financial institutions to demonstrate their competitive strengths and develop deeper, more profitable customer relationships. Wealthview leverages the institution's knowledge of the customer to deliver more personalized service and product offers. This approach helps the institution increase revenue and customer retention. Fincentric has strategic alliances with Microsoft, Intel, HP, and other international partners. For more information, call us at 604.278.6470.

Media Contacts:

Bruce Nunn
Tel: (604) 214-5815

Shella Evangelista
Tel: (604) 214-5710