PACE Credit Union Automates Documents with Office Link

Toronto, Canada – September 21, 2005: Portfolio+ Inc. is pleased to announce that PACE Credit Union, located in Vaughan, Ontario, Canada, has chosen to upgrade their current banking software to include OfficeLink, a Portfolio Plus product which allows for seamless and customized automation of client correspondence.

"The power behind OfficeLink is its ability to combine the Portfolio Plus banking application with easy to manage document templates using Microsoft Word", said Terry Chapman, Vice President, Special Products at Pace Credit Union. "In addition, OfficeLink plugs into our existing banking infrastructure with ease, keeping our total cost of ownership low.”

Portfolio Plus, with its Plug-In BankingTM architecture, allows companies to easily respond to business challenges by plugging in new capabilities as required.

"We want to congratulate PACE on their choice of OfficeLink as an extension to their current suite of Portfolio Plus products", said president, G. Robert Leeming. "We have a long-standing partnership which has resulted in significant growth for both companies. We look forward to many more years of growth together".

About PACE Credit Union

Established in 1938, PACE Savings & Credit Union Ltd., is a leading financial institution and one of Ontario's largest credit unions with over $290 million in assets and close to 22,000 members. Offering a full range of financial products, aggressive power rates and a dedication to personalized service, PACE provides a superior banking experience to individuals, businesses and non-profit organizations in the communities it serves.

About Portfolio+ Inc.

Portfolio+ Inc. connects financial institutions with customers and partners using innovative technologies. Its software solutions and open banking technology are used by financial institutions in Canada, Ireland, and the UK. With its powerful +Open Banking Platform and fully documented APIs, Portfolio+ has the power to connect banks, credit unions, and financial institutions with an evolving ecosystem of financial services technology that is putting everyday customers in control of their financial data.

Located in the Greater Toronto Area (GTA), Portfolio+ is used by 6 of the 7 largest financial institutions in Canada and is a part of Volaris Group Inc.


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