Strong Finances Power Client Benefit

Cocc issues product and services credit to clients

AVON, Conn., April 15, 2009 — COCC, a leading provider of next generation technology services for financial institutions, has issued a product and services credit to its clients for the purchase of new information technology. The company, a cooperative since its founding in 1967, is owned exclusively by its client financial institutions. The total amount of the product and services credit exceeds $500,000.

“With turmoil continuing to restrict the activities of the nation’s largest banks, our community banking clients are well-positioned to gain market share by demonstrating their strength and full service banking capability,” said Richard A. Leone, President and CEO. “Our product and services credit is a strategic commitment of our company’s deep financial strength and desire to assist our clients as they capitalize on current business opportunities.”

COCC has nearly doubled its revenues and clients since 2003 when Mr. Leone was named President and CEO. The company has continued to operate profitably through the current financial environment with zero debt and growing sales of its information technology services, particularly in the core systems, check processing and electronic banking areas.

Mr. Leone reports that the response from clients has been overwhelmingly positive since the product and services credit was announced. Clients can apply this credit to any COCC service which they do not utilize currently.