PRODUCT4 Commits to the Microsoft .NET® Framework

ST. LOUIS - (BUSINESS WIRE) - PRODUCT4, a leading developer of branch automation software, announced today it is migrating its entire product suite to the Microsoft .NET Framework. The firm also revealed that it is in negotiations with several banks that plan to adopt this emerging technology.

"We have been a Microsoft shop since our founding in 1991, and have built our applications to take advantage of the robust features and functionality inherent in its platforms," said Michael Ferguson, CTO of PRODUCT4. "We conducted an exhaustive evaluation of the various alternatives upon which to develop the next generation of branch automation software, and not surprisingly, the Microsoft .NET Framework came out on top. We are currently in the process of migrating our PRODUCT4 application suite to this new environment."

"We are delighted that PRODUCT4 has decided to move forward using the .NET Framework as their technology underpinnings," said Warren Lewis, managing director for the banking industry in Microsoft's financial services group. "Branch automation represents a significant opportunity for Microsoft to continue to provide the products that help financial institutions operate more efficiently, and ultimately, deliver superior customer service to their clients."

PRODUCT4, Inc., founded in 1991, is a leading developer of software products and services, which assist financial institutions to use technology to meet business goals. Its suite of products includes solutions for Teller, New Accounts and Service Platform, Loan Origination, and Call Centers, as well as robust Customer Care (CRM), Sales Incentive Tracking, Reporting, and Imaging Functionality. The company's systems have been installed in over 130 financial institutions throughout North America and the Caribbean and support over 6,500 bank branches.

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