Cambridge Technology Partners launches industry's first global Internet banking initiative with Security First Technologies.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Nov. 20, 1996--

Solidifies Cambridge's Leadership in

Internet-Commerce Systems Integration

Cambridge Technology Partners (NASDAQ: CATP) (Cambridge), a leading global systems integration and management consulting firm, today announced an alliance with Security First Technologies (S1) (formerly Five Paces Inc.), a wholly-owned subsidiary of Security First Network Bank (NASDAQ: SFNB), the world's first Internet bank, to develop and deploy Internet banking solutions around the world.

S1, developer of a total software solution that enables major financial institutions to offer products and financial services via the Internet, first gained recognition through the launch of Security First Network Bank (SFNB). Having proven its secure solution through the success of SFNB, S1 is now marketing its breakthrough technology to other financial institutions around the world, and has selected Cambridge Technology Partners as a preferred systems integrator for deployment of these applications. More than a dozen financial institutions with aggregate assets totaling more than $230 billion have already signed up to use the S1 solution to offer their services in a secure, user-friendly environment over the World Wide Web.

"We are confident that teaming up with S1 will help to ensure Cambridge maintains its leadership position in developing and deploying electronic commerce solutions as we enter into the 21st century," said Chris Williams, director of business development for Cambridge Technology Partners. "Having launched the world's first Internet bank, S1's early success and innovation with the Internet provides them with a superior value proposition for competing in this new wave of virtual banking, especially as financial institutions are faced with the added pressures of non-traditional competitors."

Cambridge and S1 have completed the design and implementation of the first phase of the revolutionary S1 Internet banking call center which provides a comprehensive outsourcing solution, including customer service support for Huntington Bancshares, SFNB, Republic Bank of St. Petersburg, National Commerce Bancorporation, and other client financial institutions. This world-class call center is designed to consolidate inquiries received through various communication channels, including voice response unit (VRU) and e-mail, and to direct those inquiries to highly targeted response teams for the most efficient customer service. Through implementation of software solutions from Hewlett-Packard Company and Quintus Corporation, the S1 call center delivers an unprecedented level of customer service and support for the new age of personal banking.

"This partnership marks a major milestone for Cambridge's long-term Internet leadership strategy," said James K. Sims, president and CEO of Cambridge Technology Partners. "With on-line banking just the latest battlefield for Web technology providers, we at Cambridge are leveraging vast experience in Internet/Intranet integration and rapid process implementation to penetrate this fast expanding market. This truly reflects our commitment to harnessing the power of the Internet for strategic business benefits."

"Consumer demand for online banking is immediate, and as this movement continues to gain momentum, financial institutions will need to supply these innovative solutions rapidly in order to stay competitive," said Charles W. Ogilvie III, president of Security First Technologies, financial services division. "Cambridge's fixed time/fixed price deployment methodology and the S1 total software solution are poised to be the winning combination for financial institutions that want to capture critical market share early."

Security First Technologies, (S1), a wholly-owned subsidiary of the world's first Internet bank, Security First Network Bank (NASDAQ: SFNB), offers security and financial services technology, providing a comprehensive Internet software solution for financial services and other industries. S1's financial services division (formerly Five Paces, Inc.) provides turnkey solutions for financial institutions who want to offer products and services over the Internet in a secure environment. S1's security division (formerly SecureWare, Inc.) draws on a decade of experience designing network security solutions for government agencies, Fortune 500 companies, and most recently for commercial entities, setting an industry standard for secure transactions over the Internet. Completing S1's comprehensive package are a number of services including consulting, implementation, marketing support, training, and call and data center outsourcing. S1, utilizing both its financial services and security expertise, launched SFNB in 1995. Today, S1 markets its Internet solution and network security products directly and through leading solution providers worldwide.

Founded in 1991, Cambridge Technology Partners is one of the fastest growing companies in the systems integration industry, with a proven track record of developing and deploying client/server distributed applications, a majority of which are Internet-based, to more than 500 organizations worldwide. Working within a unique fixed time/fixed price model, Cambridge's systems development expertise also includes package implementation and rapid process implementation. Cambridge has expanded to 27 offices globally and has more than 1,800 employees today.

CONTACT: Cambridge Technology Partners

Colleen Irish/Elizabeth Brewer, 617/374-9800

[e-mail]/[e-mail]

OR

Miller/Shandwick Technologies

Michael Bayer, 617/536-0470

[e-mail]