Financial Management Solutions, Inc. Expands Professional Services Offering.

Business Editors

ATLANTA--(BUSINESS WIRE)--Aug. 5, 2002

ATM Best Practices to be led by industry veteran Ken Karant

Financial Management Solutions, Inc. (FMSI) announced that the company has expanded its services offering by adding ATM Best Practices.

The practice is led by industry veteran Ken Karant, who joins FMSI with more than 32 years of experience in the financial industry.

Prior to joining FMSI, Karant was a senior consultant with a large ATM manufacturer, specializing in the ATM self service channel. The ATM Best Practices offering concentrates on best practices, business needs assessment, strategic planning, the ATM channel, deployment and marketing strategies.

FMSI provides products and services to institutions nationwide to help them manage the most labor-intensive area of any branch - the teller line.

President and CEO of FMSI, W. Michael Scott said, "We are dedicated to providing our clients and prospects with products and services that they need. FMSI is demonstrating that commitment through expanding our service offering to include ATM Best Practices. We are delighted to have Ken join our staff and help us provide the best possible services to our clients."

About Financial Management Solutions, Inc.

Financial Management Solutions, Inc., founded in 1990, is a privately held company in Atlanta, Ga. The firm provides banks and credit unions with performance management information through its products The Teller Management System(TM) (TMS) and The Resource Management System(TM) (RMS). TMS provides institutions with productivity and labor cost analysis, as well as recommended teller schedules to help the branches and institution as a whole achieve maximum cost effectiveness. RMS gives managers an Internet-based software tool to easily match available personnel with recommended schedules, which not only simplifies the scheduling process, but also creates schedules that follow recommendations set forth by TMS.

FMSI works with financial institutions of all sizes throughout the United States, including Denali Alaskan FCU, Redstone FCU, Citrus & Chemical Bank, Fidelity Federal Bank and Union Planters Corporation.

For more information about FMSI or its products, contact the company at (877) 887-3022 or visit the company's Web site at www.fmsi.com.