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Southern Financial Systems Acquires Beacon Software, Inc.

November 16, 2007 - Marietta, GA
Southern Financial Systems, Inc. a Lakeland, Georgia financial services company announced today the acquisition of Atlanta- based Beacon Software, Inc. In making the announcement, Southern Financial President and CEO, Chastain Wardlaw said, “We are very excited about the addition of Beacon Software to our company. Beacon’s Beacon Internet Banking Platform compliments our existing suite of banking products. Community banks nationwide have chosen Beacon to provide their customers with a world-class internet banking solution and Beacon’s technical expertise and strong competitive advantage will better position Southern Financial Systems as a full-service provider of banking products and services to our customers in the community banking segment”, Wardlaw said.

 

“Our new affiliation with Southern Financial Systems provides Beacon with the additional technology and financial resources to continue to expand our business and add additional web-based payment products and functionality that give our customers a competitive advantage” added Beacon’s President, Jack Fullen.

 

Southern Financial Systems was founded in 1986 and provides a full array of products and data processing services to community banks. Over the years the company has earned a reputation of providing high quality core accounting and ancillary banking products, professional service, and dedicated support to their customers. The SFS team has over 200 combined years experience implementing bank software and processing solutions.

 

About Beacon Software, Inc.™
Beacon Software, Inc. is a leading developer of Internet banking technology for the financial services industry. Through its flagship product, the Beacon Internet Banking™ Platform, Beacon offers an enterprise-wide software solution that enables financial institutions to create a Web banking presence, optimize efficiencies, and better manage customer relationships. The first of its kind as an in-house, integrated and fully scalable platform Beacon Software’s Beacon offers community banks more features, flexibility, security and control than any other online banking application in its class. Learn more about Beacon Software and the Beacon Internet Banking™ Platform by calling (678) 797-1551 or visit us online at www.beaconsoft.net.

Media Contact:

Media Relations Director
Beacon Software, Inc.
1800 Parkway Place; Suite 930
Marietta, GA 30067
Phone (678) 797-1551

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Learn more about Beacon Software and Beacon Internet Banking Platform by calling
678-797-1551 or contacting us via e-mail at info@beaconsoft.net.
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