Movers & Shakers @ COCC

COCC EMPLOYEES ELECTED TO LEADERSHIP ROLES IN INDUSTRY LOCATIONS

AVON, Conn. November 16, 2006 — Three industry associations recently elected COCC employees to leadership positions, directing the associations’ efforts to advance technology, security and quality initiatives throughout Connecticut and the nation.

“We are pleased to lend our employees’ expertise to the many valuable efforts around our state and the country,” said Richard A. Leone, President and CEO at COCC. “Promoting quality, technical innovation in the check image exchange arena, and improving the safety and security
of information resources are paramount focuses of the financial technology industry. COCC’s experience in these fields will be highly beneficial.”

Betsy Didan, COCC’s Document Processing Manager, has been elected Vice Chairman of Metavante Image’s Client Services Committee. Metavante Image is a recognized leader in Check 21 check image exchange solutions, serving top-tier U.S. financial institutions as well as community banks and service bureau check processing consolidators. Ms. Didan will help guide the Metavante Image client community to further innovation during her two year term, and assume the Chairman’s position thereafter.

Ms. Didan is responsible for COCC’s entire check processing operation which processes 250,000 items each day, implementation of the company’s image exchange services, and development of new image processing services going forward. Ms. Didan brings years of experience with check processing, cash management operations, and wholesale lockbox at the largest banks in New England. She is currently leading the implementation of Bridgeport, Conn. People’s Bank decision to utilize COCC’s check processing services.

Kelly Standridge, a member of COCC’s Internal Audit Department, has been elected to the Board of the Connecticut Information Systems Security Association (ISSA). The ISSA is a leading international organization dedicated to promoting the safety and security of information resources.

Ms. Standridge is a Certified Fraud Examiner (CFE) who joined COCC after attaining her master’s degree in criminal justice/forensic computer investigation.

Robert Bessel, Public Relations Director for COCC, has been elected Vice President of the Connecticut Quality Improvement Award Partnership (CQIA). The organization utilizes the Malcolm Baldrige National Quality Award for Performance Excellence criteria in an effort to advance innovative programs that improve quality, performance, and marketplace competitiveness in organizations located in Connecticut.

Mr. Bessel is responsible for COCC’s publicity activities, including press releases, advertising, and liaisons with industry associations, such as CQIA. COCC won a silver CQIA Innovation Prize this year for its End-to-End Image Processing solution, which continues to lead the financial industry in converting check processing operations from paper to image.