[June 30, 2011]

Malauzai Adds Financial Services and Technology Veterans to Board of Directors

Austin, Texas-based, Malauzai Software Inc., announced it will add two financial services and technology industry veteran executives to its board of directors. Mike Young, former president of banking and thrift at Fiserv, and Steve Powless, CEO of Paducah, Ky-based Computer Services Inc. join current board members, Joe McDoniel, Anthony Ficarra and Tom Shen. Malauzai makes this announcement on the heels of launching the financial industry's premier mobile banking platform built entirely on "Cool Social Banking SmartApps" and designed specifically for community financial institutions earlier this quarter.

"The adoption rate of mobile banking and social media is moving faster than any technology we've seen in banking in decades," said Steve Powless, CEO of Computer Services Inc. "Maluazai Software offers the market a truly differentiated product and perspective, a next generation delivery channel. Their focus on consumer experience and maximizing banks' return on the mobile investment makes this a compelling solution with the capability of further olidifying the relationship between consumers and their financial institutions."

Founded by industry veterans, Tom Shen, chief executive officer of Malauzai, and Robb Gaynor, chief product officer, Malauzai Software helps community financial institutions develop and deploy "Cool SmartApps" that are highly customer and member segmented, using proprietary technology and analytics. "Its great to have over 100 years of financial technology savvy, ranging from payments to core processing, helping us at the board level," remarked CEO and Chairman Tom Shen.

"Tom's and Robb's experience in the industry is evident in the architecture and design of this solution," said Mike Young, retired Fiserv executive and technology developer. "They not only built a product from the ground up, using the latest tools and innovation in the industry, but have taken the best ideas from other industries and consumer-facing electronics to build a successful mobile strategy, as well. Instead of bolting additional features onto legacy systems, Malauzai began with a next generation mobile banking platform, and that is truly exciting."

Malauzai's platform is based on three critical tenets designed to enhance the end-user's experience, while driving profitability within the mobile channel. The components are Social Banking, an Application Management System, and Mobile Marketing.

About Malauzai Software

Malauzai was incorporated in 2009 in response to the growing demand in the mobile channel marketplace for a technology company that could provide innovative mobile solutions for community financial organizations. As a cool company in a cool town, with a focus primarily on community financial institutions and entertainment and social mobilization, Malauzai looks to provide mobile solutions that will enhance the customer experience ultimately resulting in increased value. A better customer or member experience, leads to higher rates of satisfaction, referrals, cross-sale and revenue for banks and credit unions.

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