Daymon Federal Credit Union and Allied Pilots Association Federal Credit Union Release Results of MANAGER GOLD Test; FiTECH's MANAGER GOLD demonstrated at CUES 35th Annual Convention.

ATLANTA--(BUSINESS WIRE)--June 17, 1996--FiTECH Systems announced today at the 35th Annual Credit Union Executive Society (CUES) Convention that MANAGER GOLD(TM), its Windows(R)-based credit union data processing automation software product, has successfully passed beta testing and is available for mass distribution.

Daymon Federal Credit Union, a Dayton, Ohio-based credit union with over $80 million in assets and 15,000 members, and Allied Pilots Association Federal Credit Union, a Naperville, Illinois-based credit union with more than $35 million in assets and 4,000 members, served as two of the MANAGER GOLD beta sites. Both credit unions have been using MANAGER GOLD since April 1996.

Bob Schafer, President of Daymon Federal Credit Union, said, "Providing our members technologically-advanced products and services is our primary goal. MANAGER GOLD's Windows-based operating environment is state-of-the-art. It gives our member service representatives extensive marketing and cross-selling capabilities." "We wanted an easy to access tracking system to check daily transaction levels," Schafer continued. "Managers can monitor member service representatives' activities and product movement through charts. Plus, MANAGER GOLD has the ability to post transactions more efficiently and offers store and forward capability."

MANAGER GOLD is an object-oriented, service delivery and work-flow management system enabling member service representatives to provide comprehensive financial services for members from a PC within a LAN/WAN environment.

Ken Bertrand, President of Allied Pilots Association Federal Credit Union, said, "Windows technology is providing the infrastructure for the future and is where the industry is heading. MANAGER GOLD maximizes the efficiencies of the MANAGER System and takes a lot of the work load off the Unisys A-Series."

Bertrand continued, "Automatic data flow between data fields coupled with MANAGER GOLD's menu driven capability adds speed and ease to performing financial transactions. Transaction forms are automatically filled out within the system to further ensure delivering quick, accurate member services. And, system users have instant access to on-line help from any of MANAGER GOLD's data fields should they have a question."

Allied Pilots Association Federal Credit Union, a branchless credit union, uses MANAGER GOLD for opening new member accounts, issuing certificates and viewing account histories. Each credit union employee manages approximately $5 million in assets.

Sandy Greer, President of FiTECH Systems, said, "MANAGER GOLD was designed to keep credit unions competitive within the financial industry. Developing a Windows-based automation product further demonstrates our commitment to our credit union customers and their members as well as maintaining an aggressive position on the leading edge of technology."

MANAGER GOLD software features include: client/server architecture; multi-tasking and document viewing capabilities; graphical representation of member, employee and product information; on-line help from any data field; automatic laser forms printing; real-time member account information; cross-selling and sales tracking capabilities; and automatic data flow between corresponding data fields. Upcoming enhancements will include: complete teller capabilities; centralized database management; on-screen signature verification and statements; and consumer and mortgage loan origination.

FiTECH suggests running MANAGER GOLD on a 75 mega-hertz Pentium computer with 16 MB RAM and 400 MB of disk. Credit unions can use MANAGER GOLD in conjunction with character-based terminals or as a stand alone product with the MANAGER System.

FiTECH's MANAGER System is widely used throughout the United States. The company has specialized in providing data processing solutions for credit unions since its beginning in 1977. FiTECH offers full range, on-line and in-house processing and consulting services for MANAGER and MANAGER GOLD.

For more information on FiTECH Systems (FiTECH) contact Mark Roberson, Senior Vice President of Sales and Marketing, at 1-800-275-4374. Or write FiTECH Systems Inc., 3098 Piedmont Road, Suite 200, Atlanta, GA 30305. The FAX number is [phone].

CONTACT: William Mills Agency, Atlanta

Kristin Tepe, 404/264-7210

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