ADVISORY/Magnet Communications to Host Web Conference Highlighting Foreign Exchange Trade Capabilities.

News Editors

ADVISORY...for Wednesday (Aug. 13)

--(BUSINESS WIRE)

Magnet Executives to Discuss Benefits of Foreign Exchange Trade

    What: Magnet Communications' Senior Product Manager, Todd Olsen
        will be the featured speaker for Magnet's upcoming Web
        Conference highlighting Foreign Exchange Trade. Olsen will
        discuss how financial institutions can take advantage of
        foreign exchange trade capabilities to differentiate their
        online banking solution and increase revenue. Joining Magnet
        will be Jim Urbach, Director of International Marketing with
        Spot Systems, a leading provider of foreign exchange related
        software working with Magnet to offer these services. Olsen
        and colleagues will provide a strategic overview of Foreign
        Exchange Trade during the first 45 minutes of the Web
        Conference, followed by an opportunity for listeners'
        questions.

    When: Wednesday, August 13, 2003
          2 p.m. Eastern Standard Time (EST)

    Where: For information on Magnet's Foreign Exchange Trade
        capabilities, please visit www.magnetbanking.com.

    Background: Magnet Communications, Inc. is a leading provider of
        Web-based business banking solutions for financial
        institutions of all sizes. From a single, integrated platform
        financial institutions can deliver an intuitive, easy-to-use
        solution for small businesses, a sophisticated solution
        tailored to large corporations and the right mix of services
        for middle market customers. Financial institutions can
        deliver Magnet's business banking solutions through the
        company's state-of-the-art data center or through a licensed
        in-house implementation, both supported by Magnet's superior
        integration expertise, ongoing customer support and critical
        disaster recovery services that deliver consistent
        performance. Founded in 1995, Magnet Communications is
        headquartered in Atlanta. For more information call (404)
        892-9300 or visit www.magnetbanking.com.