SPARAK Selects nFront's Secure Internet Banking Solution.

FARGO, N.D.--(BUSINESS WIRE)--Oct. 17, 1997--

-- Community bank customers to gain access to Internet banking --

SPARAK Financial Systems and nFront today announced a licensing agreement that will allow community banks throughout the United States to offer secure financial services on the Internet. SPARAK, a Fargo, North Dakota-based core processing provider for community banks, will incorporate nFront's flagship product, nHome(tm), as its Internet banking solution. Under the agreement, SPARAK will outsource Internet data processing to nFront's data center in Athens, Georgia.

This agreement enables SPARAK to offer its 210 community bank customers full-service Internet banking, allowing their customers to open new accounts, apply for loans, view account balances and history, transfer funds, pay bills electronically, view personal information on record at the bank, generate reports based on customer activity, download Active Statements into personal financial management software, interact with customer representatives via e-mail, and have access to a bank that is open 24 hours a day, 365 days a year.

"SPARAK is committed to delivering the latest technology to our customers, and we believe that Internet banking is an extremely valuable tool for community banks," said Steve Anderson, Director of Marketing and co-Founder of SPARAK. "We selected nFront as our solution because of their Internet banking product and their knowledge of the banking industry. While there are a number of companies in the market talking Internet banking, nFront is delivering. By combining our skills, we will have the best solution for our customers."

Tripp Rackley, President of nFront, said, "SPARAK will jointly market nHome on the national level while providing their customers a completely secure and customizable Internet banking solution. nFront is looking forward to a long prosperous relationship with SPARAK and working with their team of professionals."

The first of SPARAK's community banks to take advantage of the nHome offering is Bank of Versailles. Located in Versailles, Missouri, the bank has an asset size of $140 million and three branches. Bank of Versailles considers itself a "niche" bank that mostly targets retirees living near the Lake of the Ozarks region.

"We try to utilize technology whenever available so as to operate more efficiently," said David Baumgartener, Executive Vice President of Bank of Versailles. "We hope to maximize our employee productivity by allowing our customers to access their accounts via the Internet."

"We have had a good relationship with SPARAK and feel that their partnership with nFront provides us with an opportunity to expand our market at a fairly low cost and without having to add staff," continued Baumgartener.

SPARAK was formed in 1984. The company began as a software house providing in-house software development and support to banks using NCR computers. Today SPARAK develops and markets the top rated SPARAK 3000(r) Software System (along with computer and proof hardware manufactured by NCR and others) to community banks across the United States.

SPARAK 3000(r) is a complete account processing system that includes a unique customer CIF database linking all banking modules to include DDA, Savings, C/Ds, Loans and G/L.

nFront provides full service Internet banking solutions for community banks with nHome, its premier Internet Banking software. From opening accounts to paying bills or transferring funds, nHome supports all the functionality of traditional brick and mortar branches and gives community banks the opportunity to do customer specific marketing. In addition, customers will have unlimited banking hours and more personalized service in a secure banking environment. nHome supports the highest level of data encryption available today and runs on the Windows NT operating system. nFront is also a Microsoft Solution Provider. Founded in 1996, nFront owns the registration rights of the www.banking.com domain name.

For more information on nFront and Internet banking solutions, contact Alan Powell, (706)-369-3779 ext. 234, [e-mail]; or write to nFront at 1551 Jennings Mill Rd., Suite 800A, Bogart, GA 30622.

CONTACT: SPARAK Financial Systems

Steve Anderson

[phone]

or

Bank of Versailles

David Baumgartener

[phone]