Bluepoint Solutions Reports Record 2011 Year-End Performance Results

Customer Growth, Expanded Partner Network and New Product Launches Contributed to Company’s Success

HENDERSON, Nev.--(BUSINESS WIRE)--Bluepoint Solutions, a leading provider of remote deposit capture, item processing and enterprise content management solutions for financial institutions, today released the company’s 2011 year-end results during its 11^th Annual Company-Wide Kickoff Meeting. The company reports record results in all business segments including customer growth and retention, the addition of new channel partners, and the development and deployment of new technology solutions.

Bluepoint’s Chief Marketing Officer, Andrew Tilbury, said, “2011 was a year of spectacular growth for Bluepoint. Our dedicated team of professionals continues to bring new and innovative solutions to our growing customer base of financial institutions. We are especially excited about the additions to our channel partner network and their ability to bring our solutions to an even-larger number of financial institutions nationwide in 2012.”

In 2011, Bluepoint grew its direct customer base by 36 percent with a 99 percent retention level. In addition to the company’s record sales, it added 22 full-time employees to its staff roster and is currently establishing a new corporate headquarters in Henderson, Nev. to accommodate future growth. Bluepoint’s expanding partner network significantly contributed to the company’s record performance this past fiscal year. Bluepoint now works with seven corporate credit unions and credit union service organizations (CUSOs), giving more than 1,500 natural-person credit unions access to its suite of check capture, item processing and content management product lines.

Bluepoint launched several new technology solutions in 2011 including a real-time check-fraud detection suite and a mailroom remittance solution to capture and electronically process incoming deposits and payments. The company also expanded its popular mobile deposit solution by adding several new mobile banking partners.

Tilbury continued, “Bluepoint strives to develop new solutions and improve our existing applications with enhancements that leverage the latest technology and best practices. We continue to invest in research and development to ensure our customers are equipped with solutions that help them provide their account-holders the best possible experience and service. In 2012 Bluepoint will be releasing a major upgrade to our FastDocs application suite and we are focused on expanding our offering of content management, fraud detection and teller capture solutions.”

About Bluepoint Solutions

Vista, Calif.-based Bluepoint Solutions is a leading innovator in remote deposit capture (RDC), image-based item processing, enterprise content management and receipt management. Adhering to strict best practice standards, Bluepoint delivers proven technology solutions and consulting services designed to achieve the strategic goals of increased employee productivity, reduced operating costs, and improved customer service. Bluepoint’s family of products and services offer a complete, end-to-end, image-based item capture and payment processing solution. For more information, visit www.bluepointsolutions.com.