Bronco Federal Credit Union Implements Open Solutions' Relational Core Data Processing Software Suite; Enterprise Product Suite Brings Business Functionality and Improved Member Service.

GLASTONBURY, Conn. -- Franklin, Va.-based Bronco Federal Credit Union (BFCU) recently completed the successful implementation of Open Solutions Inc.'s (NASDAQ: OPEN) The Complete Credit Union Solution(R) (TCCUS) a relational core data processing and enterprise system.

"We wanted a better picture of our members and easier access to information about the accounts they have with us," explained Jeffrey Thompson, chief operations officer of BFCU. "Our previous system required us to go through numerous processes to view and access account information. With The Complete Credit Union Solution, we believe we have a much better 'front end' on the end-user application and can now leverage a powerful, integrated database behind the scenes."

Rapid membership growth drove BFCU in its search for a technology upgrade. Open Solutions' provided the most comprehensive solution due to its member-centric foundation, real-time member data processing and business functionality -- an area the credit union was particularly interested in. BFCU has approximately 14,000 members and $136 million in assets and is steadily growing. It has three full-service branches and one part-time branch with an aggressive branch growth plan set to deploy within the next year.

"The Complete Credit Union Solution, with its open Oracle-based relational database architecture, is the perfect answer for credit unions such as Bronco Federal that want an improved snapshot of their members in order to provide the personalized products and services they want," said Gary Daniel, senior vice president and general manager of Open Solutions, Credit Union Group.

The implementation of The Complete Credit Union Solution went smoothly, according to Thompson. "We purchased a custom training package from Open Solutions, and the instructors actually came to us, and it went extremely well. We split our entire staff into three groups and repeated the end-user training three times -- each person got eight full days of MSR and Teller training. More specific training, such as back office and general ledger, was done both on-site and at Open Solutions."

Prior to the conversion, BFCU's members were informed of the change in systems through BFCU's Web site, online banking site, monthly newsletter and a special newsletter dedicated to the upcoming conversion. "The implementation was carefully planned and posed no interruptions. It was done over the weekend, and we were ready for normal business at 8 a.m. Monday morning," said Thompson.

"Prior to the implementation of the new system, Open Solutions' analysts came to look at our existing processes and products, explained the differences we'd encounter with the new system, and even made recommendations," said Thompson. "They were impressive, professional and very knowledgeable about the system. We had an excellent implementation team, not only the people who came on-site, but also the team at Open Solutions. They were all top-notch."

Along with a new core system, BFCU implemented Open Solutions' Financial Accounting Systems for general ledger, accounts payable and fixed assets; the Mortgage Loan Origination System; and the interactive voice response (IVR) system. They're also planning to implement the cView business-intelligence suite in the near future. BFCU recently added business deposit accounts to its product offerings and also offers real estate lending to its members.

"We are absolutely confident that Open Solutions is going to take care of any kind of business loans we will have," said Thompson. "We've already seen them handle the deposit side better than our previous system." On the real estate side, Thompson likes the flexibility that Open Solutions' products provide.

Chairman and CEO of Open Solutions, Louis Hernandez, Jr. said, "Open Solutions is dedicated to providing Bronco Federal Credit Union with solutions that will improve the level of service they give their members. We believe Open Solutions provides some of the market's most advanced technology and functionality available today which is complemented by our dedication to client service."

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, 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.

Safe Harbor Statement

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. 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 March 31, 2005, as filed with the Securities and Exchange Commission.

Editors note: For more information on Bronco Federal Credit Union visit www.broncofcu.com.