Courion Customer People's United Bank Receives 6th Annual Digital ID World Industry Award.

CISO Tim Callahan Recognized for His Technology Leadership and Positive Impact in Leading Innovative Identity and Risk Management Implementations

SAN FRANCISCO -- Courion[R] Corporation, the provisioning experts for results-driven operations, today announced that its customer, Tim Callahan, first vice president, Technology Risk Management and chief information security officer (CISO) for People's United Bank, accepted the 6th Annual Digital ID World Industry Award on behalf of the Bank. Callahan was honored at a ceremony held today at Digital ID World, the leading industry conference dedicated to digital identity deployments, technologies and solutions.

Callahan and People's United Bank were commended for both their vision and the results that they have achieved in deploying their comprehensive identity management strategy. People's United Bank selected Courion's Enterprise Provisioning Suite[TM] solution to support its identity management goals and, under Callahan's leadership, has established excellence in automated roles-based provisioning, compliance access verification and self-service password management across all of the bank's lines of business.

"This award recognizes individuals who provide the vision and execution that models success for the rest of the industry," said Phil Becker, editor-in-chief, Digital ID World. "Tim is widely considered a thought leader and visionary in the information security profession in general, and within the financial services industry in particular. Callahan and his team have quickly addressed the bank's urgent business growth requirements including implementing comprehensive role-based provisioning processes, while preparing for new security challenges on the horizon."

When Callahan joined People's United Bank in September of 2006, the bank was openly positioning for rapid growth. Callahan was charged with helping to support that growth by protecting People's United Bank's information, information systems, and technology. As a result, he put the framework, policies, processes and automated approaches in place to drive economies of scale and speed value to the business while managing risk, and simultaneously demonstrating the controls that are required for the much larger public institution that People's United Bank will become. As an example of his success, Callahan deployed roles-based provisioning with fine grained entitlements for its branch managers in two months with demonstrated automated access compliance reviews, role lifecycle management, and password management. He is now actively tackling the challenges of continuous compliance and policy enforcement for collaboration tools.

"Tim's authoritative and innovative voice in this industry along with his ability to execute sound business policy makes him an invaluable asset to People's United Bank and the industry as a whole," said Chris Zannetos, president and CEO, Courion. "We celebrate his contributions to People's United Bank, especially in the area of controlling digital identities in today's financial services environment."

ABOUT PEOPLE'S UNITED FINANCIAL, INC.

People's United Financial, Inc. is the holding company of People's United Bank (peoples.com), one of Connecticut's largest banks. People's United Financial has assets of $14 billion, more than 240 ATMs and 160 branches, 75 of which offer convenient seven-day banking in Super Stop & Shop locations across Connecticut. A diversified financial services company founded in 1842, People's United Bank provides consumer, commercial, insurance, retail investment and wealth management and trust services to personal and business banking customers. People's United recently announced its intention to acquire the Chittenden Corporation, which has banking offices in Maine, New Hampshire, Vermont and Massachusetts.

ABOUT COURION

Courion is the Enterprise Provisioning and Access Compliance Expert for results-driven organizations. Built on market-proven technology, Courion's software solutions streamline operations and automate business processes to simultaneously achieve cost, security and service quality results. Courion's innovative approach eliminates the complexity and barriers to provisioning and compliance adoption, resulting in an unparalleled track record of customer success. Courion was recently named to IT Week's 2006 list of Top 50 Technology Innovators and recognized as an Info Security 2007 "Hot Company." For more information, please visit our website at www.courion.com.

Courion is a registered trademark. Enterprise Provisioning Suite is a trademark of Courion Corporation. All other company and product names may be trademarks of their respective owners.