Beacon Credit Union Selects Open Solutions Relational Core Processing Suite; Flexible Technology Will Allow Credit Union to Better Serve Seasonal Agricultural Community.

GLASTONBURY, Conn. -- Beacon Credit Union recently selected Open Solutions Inc.'s(R) (NASDAQ: OPEN) The Complete Credit Union Solution(R) (TCCUS), a relational core data processing platform for credit unions, to address its enterprise-wide data processing needs. Open Solutions is a provider of integrated relational technologies for banks and credit unions throughout the United States and Canada. Beacon Credit Union, headquartered in Wabash, Ind., has $556 million in assets and more than 37,500 members. It is the largest credit union agricultural lender in the U.S.

"Farming and agriculture is the cornerstone of our credit union," said Ryan Showley, vice president of marketing and information services for Beacon. "We have always played a major role in providing financial services to the farming community, particularly in the lending area."

Showley thought the flexibility of The Complete Credit Union Solution and its relational database and design would prove to be a good fit for the credit union. "The farming business is very seasonal. Farmers only have income at certain times of the year, and we have to be flexible in handling payments at those times of the year. The system we selected had to be able to support flexible payment schedules, and give us unique ways of calculating interest to principal. Since commercial loans are a large portion of our portfolio, we needed a lot of latitude and different options with structuring loans," he said.

"The business functionality of the system was one of our first considerations," Showley continued. "With the Open Solutions system, we will be able to adapt and move forward with new technologies and processes. In the future, technology will be the foundation for everything we do. Every touch point with our members will involve technology in one-way or another. We were very impressed with the features and functionality we saw and the innovations that Open Solutions is bringing to the credit union and banking marketplace."

The Complete Credit Union Solution was designed to be an open architecture application, creating the flexibility necessary for running a service-oriented financial institution. It provides credit unions with a fully featured strategic product platform, integrating core data processing with customer-centric applications such as Internet banking, business intelligence, financial accounting, credit card processing, imaging, and interactive voice response solutions.

In addition to The Complete Credit Union Solution, Beacon will implement commercial lending, participation lending, construction lending, escrow analysis, investor reporting, asset collection management, safe deposit boxes, cView (business intelligence), Internet banking, shared branch issuer, Interaction Management Center (relationship management) and FTI Financial Accounting Suite (general ledger, accounts payable, fixed assets).

Showley said, "The Open Solutions system is certainly in a prime position to adapt to new technologies as they come to market in the future. It's a system we can grow into and evolve with as new products and new services become available."

Louis Hernandez, Jr., Open Solutions chairman and CEO, said, "We're pleased that Open Solutions' technology, service and open architecture provides the flexibility and functionality that Beacon Credit Union requires to better serve the specialized needs of its farming membership. Open Solutions designed and built its technology based on the principle that a technology partner must offer options and solutions to answer client needs. We believe that Beacon will be able to take advantage of our technology to provide even better service to its members now and into the future."

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 relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, Check 21, interactive voice response, and payment and loan origination solutions. Open Solutions' full suite of products and services allows banks, thrifts and credit unions in the United States and Canada 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 [e-mail] by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions' Internet site at www.opensolutions.com.

Open Solutions Inc. and The Complete Credit Union Solution are registered trademarks of Open Solutions Inc. All other company and product names may be trademarks of their respective owners. Copyright 2005 Open Solutions Inc. All rights reserved.

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Statements made in this press release that state Open Solutions Inc.'s or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. All forward looking-statements are only as of the date of this press release and Open Solutions Inc. undertakes no obligation to update or revise them. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause Open Solutions Inc.'s actual results to differ materially from those projected in such forward-looking statements. For example, we encounter a long sales and implementation cycle requiring significant capital commitments by our clients which they may be unwilling or unable to make. Factors which could cause our actual results to differ materially from those projected in forward-looking statements include, without limitation, economic, competitive, governmental and technological factors affecting the banking and credit union industry and/or Open Solutions Inc.'s operations, markets, products, services, prices and other factors set forth under the heading "Factors Affecting Future Operating Results" in Open Solutions' Quarterly Report on Form 10-Q for the three months ended Sept. 30, 2005, as filed with the Securities and Exchange Commission.