CALABASAS, Calif., Nov. 28 /PRNewswire-FirstCall/ -- Digital Insight Corp. (http://www.digitalinsight.com/), the leading on-demand banking provider, announced today Computer Services, Inc. (http://www.csiweb.com/) has renewed its strategic relationship with Digital Insight. Digital Insight and Computer Services currently serve nearly 220 mutual clients based on a distribution partner agreement established in 1997. Under terms of the agreement, Computer Services will continue to recommend Digital Insight's full range of Internet banking solutions to its more than 3,000 community financial institution clients. The agreement extends into 2011 and underscores Digital Insight's value proposition to core data processor distribution partners.
"This agreement is an extension of Computer Services' commitment to providing consumers with best-of-breed Internet banking offerings," said Computer Services Vice President of Marketing Bob Ezell. "Our long-standing relationship with Digital Insight continues to grow, enabling our mutual clients to deliver a superior, comprehensive online banking experience to end users."
Digital Insight's partnership with leading core processors like Computer Services enables the company to effectively integrate hundreds of products and services with the core systems of a large number of financial institutions. The company's on-demand solutions enable financial institutions to concentrate on operating their business more effectively and efficiently without having to manage the constraints of in-house solutions. Financial institutions can also take advantage of Digital Insight's relationships with more than 175 technology partners that provide hundreds of products and services.
Digital Insight monitors the security and reliability of all its technology interfaces from within its world-class data center. This capability benefits financial institutions by enabling them to bring industry-leading products and services to their users with greater technological and economic benefits than the financial institution could achieve alone.
"Computer Services is a leading core processor that understands the benefits of partnering to offer financial institutions the product breadth and depth they need to grow their businesses," said Digital Insight Chairman, President and CEO Jeff Stiefler. "The renewal of our strategic partnership solidifies a highly successful relationship that continues to provide revenue growth opportunities for both companies. We look forward to working with Computer Services for many years to come."
About Computer Services, Inc.
Computer Services, Inc. (CSI), provides service and software solutions for community banks in both a service bureau and an in-house environment. In addition to core processing, our integrated banking solutions include imaging, cash management, Internet Banking, corporate intranets, secure web hosting, e-messaging, online shopping, teller and platform services, ATM and debit card service and support, risk assessment, network management, and compliance software and services for regulatory compliance, homeland security and fraud prevention. Over 3,000 financial institutions are served with CSI's products and services. For more information, visit CSI's website at http://www.csiweb.com/.
About Digital Insight
Digital Insight(R) Corporation is the leading provider of on-demand banking services to mid-market banks and credit unions in the United States. The company's extensive portfolio of on-demand applications is hosted in its world-class data center and securely delivered via the Internet. Outsourcing the management of online banking services to Digital Insight empowers financial institutions to generate new sources of revenue, increase customer retention and realize increased cost efficiencies. For more information, visit http://www.digitalinsight.com/.
As of September 30, 2006, Digital Insight applications served more than 1,750 financial institutions, seven million consumer end users and 115,000 business end users.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the future growth potential of the relationship between Digital Insight and Computer Services, Inc., and the ability to promote higher product adoption and improve business results. Such statements are based on management's current expectations. Because of various risks and uncertainties, including unrealized expectations for growth of the relationship between Digital Insight and Computer Services, Inc., and unrealized expectations for client and end user adoption, actual strategies and results in future periods may differ materially from those currently expected. Additional discussion of factors affecting these forward looking statements is contained under the caption "Risk Factors" in Digital Insight's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission. Digital Insight undertakes no obligation to update publicly any forward-looking statements.