Glastonbury, Connecticut - (The Hosting News) - April 12, 2007 - Web host and integrated enabling financial technologies firm, Open Solutions, will migrate its eroWORKS Retail Banking platform, to Alberta, Canada-based Chinook Credit Union.

As part of the Complete Credit Union Solution, the Chinook Credit Union became the first Celero Solutions client to undergo the migration. Celero Solutions is a licensed reseller of Open Solutions technology solutions under its private-labelled brand name eroWORKS Retail Banking System. The new solution is expected to affect more than 120 credit unions in the Canadian provinces of Alberta, Saskatchewan and Manitoba.

Dan Delaloye, CEO of Celero Solutions explained, ‘’The implementation of the eroWORKS Retail Banking System at Chinook Credit Union was the culmination of months of preparation by the dedicated teams from the credit union, Open Solutions and Celero. The migration process to the new core banking system was executed seamlessly thanks to the hard work, co-operation and dedication demonstrated by everyone involved in the project.'’

Chinook Credit Union is a full-service financial institution serving more than 18,000 members in seven communities located southeast of Calgary, Alberta. Tom Mossing, CEO of Chinook Credit Union added, ‘’The migration was truly a team effort between Chinook Credit Union, Celero and Open Solutions. With the successful conversion complete, Chinook Credit Union is positioned to leverage the eroWORKS Retail Banking System to further build on our proud history of excellent customer service to our members.'’

Blair Goulet, President of Open Solutions Canada remarked, ‘’The migration of Chinook Credit Union is a significant first step in a journey that in the coming months will transform the technology landscape in the Canadian credit union industry. Congratulations to Chinook Credit Union on its diligent work, unwavering focus and enthusiasm in its role as the pilot institution. Congratulations also to Celero on its leadership of this project and for demonstrating why it is a service and technology leader in the Canadian credit union system. Open Solutions is proud to have been a part of this implementation.'’

Louis Hernandez, Jr., Chairman and CEO of Open Solutions commented, ‘’Congratulations to all those involved in the successful implementation at Chinook Credit Union. It was a team effort among Chinook, Open Solutions and Celero to roll out this relational banking suite and we look forward to continuing to support Celero Solutions’ initiative to offer the eroWORKS Retail Banking System to its clients. Open Solutions is committed to leading the move toward open, relational and flexible technologies in Canadian financial institutions and it is exciting to watch as our momentum grows across Canada. We are proud to have Celero as a key reseller of our technology in Canada and we value our relationship with this progressive, innovative organization and the credit unions it serves.'’

Open Solutions Inc. offers a product platform designed to integrate core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, digital documents, Check 21, interactive voice response, network services, web hosting and design, and payment and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts, credit unions and financial services providers in the United States and Canada to better compete in today’s aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.

To learn more about Open Solutions, please visit: www.opensolutions.com.