Compushare Accredits Cloud Computing Solution to Record Performance in First Half of 2011

Santa Ana, CA, July 15, 2011 --( Compushare, the nation’s leading Technology Management Provider for the financial industry, announced today record breaking results for the first half of 2011.

Earlier this year, Compushare launched its Compushare Cloud Computing (C3) solution, the only on-demand fully hosted cloud computing solution designed specifically for the financial market, which has led to increased client satisfaction, a differentiated client acquisition strategy and expanded success of the company.

In the first half of the year alone, Compushare added thirty new clients and expects even more client acquisitions in the second half of the year. “Compushare closed our second quarter with record financial numbers, which marks our halfway point to a very successful year. With increased growth and demand being generated by our new offerings, we are positioned for our best performing year yet in all financial metrics within our business. Our balance sheet remains strong and the company is well positioned for another year of organic and acquisitive growth,” stated Gladys Gutierrez, Compushare’s Controller.

In addition to financial performance, Compushare has “achieved its highest client satisfaction and loyalty rating ever in response to our Client Satisfaction Survey completed in June of this year,” stated Compushare’s Chief Operating Officer, Michael Barrack. After a significant investment into its new state-of-the art 24x7 Technology Management Center, an upgrade to a new data center and an expansion and restructure of its support teams, Compushare continues to invest in solutions and service to help community banks and credit unions compete and grow in today’s challenging market. Barrack adds, “Clients responded favorably to increased focus on service levels and generously acknowledged the Compushare professionals who directly serve their institutions. I am gratified that in the same period in which our financial performance soared, our client satisfaction levels increased to record levels, and I am so appreciative and proud of our team’s commitment to supporting and servicing our clients.”

“Compushare has spent the last few years investing heavily into the company,” said Romir Bosu, CEO and founder of Compushare. “With our new C3 platform, we have removed the burden, complexities and costs that come with owning technology by providing an offering that allows clients to run all of their applications on any device from anywhere. We are committed to our clients and to the financial industry and will continue to invest in both to ensure we provide our clients with leading technology solutions and unmatchable support and service,” Bosu stated. “The success we had in the first half of the year attests to our hard work and dedicated professionals over the last few years.”

Compushare was recognized earlier this year as a world-wide leading service provider on the MSPmentor 100 list, ranking number 18 in the world and number 11 in the USA and was honored for being the 7th fastest growing Managed Service provider in the USA. In addition to this recognition, Compushare continues to gain support from leading partners in the financial industry in order to support its growth and performance initiatives.

About Compushare:
Compushare is the leading provider of high quality, innovative technology and compliance solutions for financial services providers. Whether it’s providing a totally outsourced cloud computing solution or assisting your team with the management of your technology or IT strategic plan, we take a consultative and customized approach as the only technology provider in the market that applies an intimate understanding of the business processes, technology considerations and risk management concerns. With more than 15 years of technology experience supporting over 800 financial clients nationwide, Compushare is SAS 70 Type II certified, FDIC reviewed and preferred partners with many major providers. From our leadership team to the members of our service delivery team, our array of knowledge, certifications and practical expertise is unrivaled in the Financial Services Industry.

Compushare, Inc.
Kathleen Roberge