News | November 16, 2006

Content Management: Meredith Village Savings Bank Selects Xenware Content Management Solution

Xenysys, Inc., the provider of new age content management solutions, is pleased to announce that Meredith Village Savings Bank, $540 million asset mutual savings bank located in Meredith, New Hampshire, has selected Xenware as their next-generation content management solution. Meredith Village will be replacing their current COLD (Computer Output to Laser Disk)/Reports Management system with the Xenware.Reports module, which will enable enhanced security and management of bank customer reports, statements, notices, as well as other financial reporting information.

"We are very pleased to have Meredith Village Savings Bank join the rapidly expanding family of satisfied banking customers using the Xenware Content Management Solution," said Michael Ball, Senior Vice President of Sales and Marketing for Xenysys. "Meredith will be gaining a next-generation solution designed for the specific needs of today's challenging banking operations environment, where new compliance sensitivities and regulations have significantly elevated the functionality and requirements that must be delivered by a Content Management solution. Xenware has been designed from the ground up to address the specific needs of today's banking environment. We are proud to have Meredith Village recognize and appreciate the strength of what Xenware brings to the market."

Xenware is the industry's first modernized Document Imaging and COLD/Reports management system (Content Management) that leverages years of domain experience from a seasoned leadership team, combined with the latest technology to deliver unprecedented functionality and capabilities that solve compliance, regulation, and operational challenges. Xenware enables banks to improve the quality and accuracy of business decisions, enhance workplace productivity, streamline process efficiency, and achieve unparalleled levels of Customer Service. With Xenware's unique change-management design, banks are guaranteed a level of agility and flexibility that delivers higher solution values today – and well into the future.

About Meredith Village Savings Bank
Meredith Village Savings Bank (MVSB) is a $540 million asset mutual savings bank with 10 offices serving individuals, families, businesses, organizations and towns around Lake Winnipesaukee and the Plymouth areas. In addition to its recently opened office in Alton, MVSB has offices in Gilford, Meredith, Laconia, Center Harbor, Moultonborough, Ashland, and Plymouth. More information about the bank can be found at www.mvsb.com.

About Xenysys
Xenysys is the premier innovator of new age content management solutions that help organizations improve the security and management of information assets, enhance operational efficiency, and strengthen overall regulatory and compliance fulfillment. As the leading innovator of advanced Content Management (ECM) solutions based upon .NET, XML, SOA and SQL 2005 standards, Xenysys solves the real problems of today's modern business world with innovative functionality and agility that is uniquely designed to work exactly the way your business works.

To learn more about Xenysys, visit the website at www.xenysys.com.