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Tuesday, December 14, 2004

SecurePipe, Inc. and Open Solutions Inc. Combine Forces to Provide Improved Network Security for Financial Institutions

SecurePipe, Inc. and Open Solutions Inc. Combine Forces to Provide Improved Network Security for Financial Institutions

New Alliance Delivers Comprehensive and Affordable Managed Network Security for Banks and Credit Unions

LINCOLNSHIRE, Ill., Dec. 14 /PRNewswire/ -- SecurePipe, Inc. ( http://www.securepipe.com/ ) has announced a partnership with Open Solutions Inc. (NASDAQ:OPEN) ( http://www.opensolutions.com/ ), a provider of integrated enabling technologies for financial institutions, designed to help Open Solutions' bank and credit union clients improve the security of their Internet connections.

Through this partnership with SecurePipe, Open Solutions will offer its clients an option for managed network security services.

"We decided to partner with SecurePipe because they can deliver robust Managed Network Security Services designed to meet the needs of banks and credit unions...at an affordable price," said Mark Harris, Vice President of Strategic Alliances for Open Solutions. "They have a broad selection of integrated services: managed and monitored firewalls, email relay, spam identification, virus prevention, virtual private networks (VPN), intrusion detection (IDS) and intrusion prevention (IPS). They are truly full-service."

With the SecurePipe partnership now available, Open Solutions' clients can reduce costs and benefit from a team of security experts that provide affordable, around-the-clock monitoring and management of their network security systems.

"Financial institutions now have an additional choice in how they can protect their networks," said Harris. "We hope that SecurePipe's combination of affordability and security will assist our clients in how they can improve their network security."

SecurePipe's network security management services includes real-time intrusion detection, prevention and response, daily log review, development of security and escalation policy, daily backups, software maintenance and upgrades, and technical help desk support.

"Open Solutions recognizes that Banks and Credit Unions need to find a less expensive way to safeguard customer data and satisfy regulatory requirements," said Michael Kiefer, Vice-President, SecurePipe. "Instilling examiner confidence and protecting customer information demands a complete network security program with around-the-clock management, a staff of security experts, innovative technology and rigidly enforced security processes. Building and maintaining these capabilities in-house is costly and diverts resources from a financial institution's core business. We are pleased to be able to partner with Open Solutions to offer SecurePipe's services."

About Open Solutions Inc.

Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications, built on a single centralized Oracle(R) relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, Check 21, interactive voice response and loan origination solutions. Open Solutions' full suite of products and services is designed to allow banks, thrifts and credit unions to better compete in today's aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service. For more information about Open Solutions, or its financial product line, contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com, by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions' Internet site at http://www.opensolutions.com/ .

About SecurePipe, Inc.

SecurePipe delivers Managed Network Security Services to financial institutions wrestling with lean budgets and the escalating requirements for strong network security. SecurePipe's enterprise-ready security infrastructure is a best-of-breed combination of people, applications and processes optimized to deliver affordable quality managed network security. More than 200 financial institutions depend on SecurePipe for 24x7 network security that protects critical data, simplifies compliance and reduces cost and complexity. Managed services include:

-- Firewall w/IPS
-- Intrusion Detection System
-- Intrusion Prevention System
-- Virtual Private Networks
-- E-mail Relay Services (Spam/Virus)
-- Authentication Management
-- Remote Automatic Vulnerability Scans
-- Remote Vulnerability Assessments
-- Web Content Filtering
-- Compliance Policy Management




Each of these services includes the necessary security hardware and software, network security design, security policy management, audit trails, documentation and on-demand reporting that demonstrate regulatory compliance. No other managed network security service offers a comparable breadth of services at such an affordable price. Visit SecurePipe at www.securepipe.com .


Source: SecurePipe, Inc.

CONTACT: Ben Bradley for SecurePipe, Inc., +1-630-221-9844,
ben@benbradley.net

Web site: http://www.opensolutions.com/
http://www.securepipe.com/


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