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FEDCOMP PARTNERS WITH DMS, INC. TO OFFER HOME BANKING TO CLIENT CU'S

FAIRFAX, VA – November 17, 2004 – FedComp Inc., provider of core data processing software and systems to more than 1,000 Credit Unions, and DMS Inc. jointly announced today a partnership where FedComp will provide an interface to and promote HomeCU™ On-line and HomeCU™ Batch home banking services to FedComp’s Credit Union clients.


 


“FedComp carefully considered our options in selecting a partner,” stated Derrick G. Smith, President and Chief Executive Officer of FedComp.  “We selected DMS, Inc., not only because of the quality of its services and state-of-the-art platform, but because of its willingness and proven ability to develop affordable web based banking solutions for all sizes of Credit Unions.”


 


“We are excited to be working with FedComp to create the best Internet home banking solution possible for their credit union clients," said Joe Pearson, President, Database Management Services. Pearson continued, “DMS and FedComp are a good match because we are both focused on providing high-quality, affordable solutions to credit unions.”


 


About Database Management Services, Inc. and HomeCU™


 


HomeCU™ is the innovative home banking solution developed exclusively for credit unions and proven since 1996.  Currently, more than 250 credit unions in 44 states use HomeCU™.  Full-featured, secure, and cost-effective, HomeCU™ integrates securely with 16 different data processing systems and includes e-statements, online member surveys, multiple levels of administrative security, and a domain-based hosting and e-mail server.  Additional information is available at www.homecu.com or by calling toll-free 877-670-2984.


 


“For more information about FedComp’s innovative technology solutions, please call FedComp at 800-733-3266 or visit our website at www.fedcomp.com.


 


 

FedComp, Inc., 10300 Eaton Place, Suite 260, Fairfax, VA 22030