Virtual Communications Inc. Chooses Transoft As Integration Partner Goal is to Combine Core Banking Applications with the Latest Internet Technology

April 17, 2002 - Transoft, Inc., a leading application transformation company, announced today a partnership agreement with Virtual Communications, Inc. (VCOM) to provide its Transoft Screen Component Adapters to VCOM's Internet banking applications as a preferred strategy for integration. VCOM provides Internet based software products for banks and businesses.

Transoft Screen Component Adapters provide a fast-to-implement, non-intrusive means of integrating VCOM's Internet banking applications with back end core banking applications via a method of component-based services. This solution provides all the advantages of component architectures, including performance and scalability, without the disadvantages of other integration strategies.

As a result of this offering, core banking application screens are transformed into re-usable Web or application services that can be integrated into new applications - such as those produced by VCOM.

"We are pleased to offer Transoft Screen Component Adapter as a tool for integration with core banking systems", said Ashok Dhar, President and CEO of VCOM. "Transoft's middleware will allow VCOM to quickly and cost effectively deploy its award winning Internet banking software without compromising on functionality and security."

Added Dhar: "We are excited about our business partnership which should result in significant business opportunities for the two companies, as well as cost savings for our Internet banking customers."

"We are delighted to help VCOM develop into an even stronger e-banking player thanks to our joint integrated solution offering," said Paul Holland, CEO of Transoft. "Our intelligent middleware adapters are the missing link between cutting-edge technology firms like VCOM and the back end Core Banking Applications in the banking world."

About VCOM:
With headquarters in Pittsburgh, PA, VCOM is a privately held company that provides Internet software products for banks and businesses. Its products include Web@TM, a retail Internet banking software, CashMasterTM, an Internet-based system for corporate banking; and ExpenseAnywhere®, an Internet -based Expense Management System. VCOM's software products are installed at a number of national and international banks, including Sumitomo Mitsui Banking Corporation (SMBC), the second largest bank in the world.

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