Hibernia National Bank Extends Imaging Initiative; New Orleans Bank Chooses ImageSoft Technologies to Accommodate Growth and Need for Greater Functionality.

MAITLAND, Fla.--(BUSINESS WIRE)--April 20, 1999--

ImageSoft Technologies, a Fiserv resource based in Maitland, Florida, announced today that Hibernia National Bank, a $15 billion-asset institution headquartered in New Orleans, Louisiana, has chosen the Titan suite of image-enabled applications to extend its image deployment initiative.

The system will include Titan modules for electronic distribution, Image Library, InternetDirect, and HyperText. These join Titan modules for Acquisition, Archive, and ImageBanc II previously installed within Hibernia.

The history of this decision has a familiar ring in the acquisition-minded financial services industry. When Hibernia was acquiring Calcasieu Marine National Bank, it discovered that the acquired institution had several image-based applications already deployed. These were the Titan applications of Acquisition, Archive and ImageBanc II for image statements.

Donald Barry, Senior Vice President/Operations of Hibernia, said the bank wanted to implement an enterprise-wide, image-based system. Since the Calcasieu system was configured for a small community bank, Hibernia did not know if the existing platform was capable of handling the volume and functionality requirements necessary for an enterprise-wide deployment.

"As a result, we conducted an industry-wide search of image technology vendors. We ultimately realized that the ImageSoft products implemented at Calcasieu could be upgraded to serve the needs of Hibernia as a whole by simply adding hardware and upgrading to the most current Titan release," Barry said. Further, ImageSoft offered a number of other products that Barry believed were critical to Hibernia's image initiative, such as electronic distribution and an Internet delivery module.

Beyond product issues, the newly released system administration support and account management that ImageSoft provided during the decision process also swayed the bank's decision.

Since beginning its imaging initiative, Hibernia has seen its organization grow substantially and, as a result, processing volumes have grown as well. The new system - featuring an upgraded archive module - is fully capable of handling escalating volumes, as well as expansion into many other areas of the organization. This is accomplished through the Titan suite's flexible, open architecture, allowing for growth and expansion of products.

"We have plans to provide images to our home banking applications and to give image access to our branch operations. The expanded Titan-Archive application can provide us just such a flexible repository to serve those needs," Barry said.

With the increased reach of the Titan system, many of the bank's departments will be touched, including operations, retail banking, and treasury management. In particular, the Electronic Distribution module, which allows banks to deliver check images via CD-ROM technology to their corporate customers, will be an opportunity for Hibernia to generate greater fee income and provide new technology to its customer base.

Hibernia also has chosen the dynamic functionality of Image Library, the universal workstation and viewing tool. With an easy-to-use graphical interface, Image Library provides intelligent and logical front-end workstation application controls. Further, the InternetDirect product will provide this very same Image Library software via the Internet, thus reducing training and version control issues.

The new Titan applications will be phased in quickly, with Electronic Distribution the first order of business. This will be followed by upgrades to the archive system and deployment of Image Library. Then HyperText and InternetDirect will be implemented.

Following the completion of pending mergers, Hibernia would be a $15.0-billion-asset banking organization with 258 banking locations in 34 Louisiana parishes and 13 Texas counties. It ranks first, second or third in deposit market share in 32 Louisiana parishes and five Texas counties. Hibernia's Louisiana markets represent approximately 82% of the state's population and 86% of its deposits. Its statewide Louisiana deposit share is 21%.

The company's common stock (HIB) is listed on the New York Stock Exchange. Hibernia news releases, product-and-service information and other useful data can be accessed through the company's Internet site at http://www.hiberniabank.com. Requests for information about Hibernia products and services can be e-mailed to [e-mail].

ImageSoft Technologies, a Fiserv Solution based in Maitland, Florida, has been providing imaging solutions to the financial services industry since 1989. The company has maintained industry leadership by building dynamic, real-world imaging solutions for financial services organizations of all sizes, including banks, thrifts, credit unions, brokerage and mutual fund companies, and service bureaus. ImageSoft software is currently in use by hundreds of financial institutions and other businesses in the U.S. and abroad.

Fiserv, Inc. is an independent provider of technology solutions and related information management services and products to more than 5,000 banks, credit unions, mortgage companies, and savings institutions worldwide. A publicly held company headquartered in Brookfield, Wisconsin, Fiserv is traded on the NASDAQ over-the-counter market under the symbol FISV.