Press Release

OPENPAGES AND VENTURE FINANCIAL SYSTEMS GROUP TEAM UP
TO DELIVER CONTENT PRODUCTION SOLUTIONS
TO THE FINANCIAL SERVICES INDUSTRY

Westford, Mass.— July 22, 2002 — Openpages®, Inc., a leading provider of enterprise content production solutions and Venture Financial Systems Group, a leading investment industry technology consulting firm, have entered into an alliance agreement to deliver content production solutions to the financial services community. The new alliance draws upon the power of Openpages® 4.0 Adaptive Content Platform and the strength of Venture's consulting staff to improve the way financial institutions deliver information to customers.

"The partnership between Openpages and Venture will enable both companies to deliver innovative solutions to financial institutions that streamline the creation, management and delivery of information to investors, business partners, affiliates and customers," stated Gopal Nagarajan, vice president of professional services at Openpages.

"We are excited about the opportunities that this partnership presents to our customers and to our respective companies. This alliance clearly paves the way for both companies to leverage each other's strengths. Our consultants average over fifteen years experience in the investment industry and understand the regulatory and customer reporting issues that our clients face on a daily basis. Openpages' powerful workflow and content production solution will greatly assist our clients in meeting their business needs for information delivery through multiple channels including both web and print, " stated Midge Gibbons, vice president of Venture Financial Systems Group.

ABOUT OPENPAGES

Openpages is the leading provider of software solutions that empower financial institutions to guarantee the accuracy, consistency, and timeliness of information across communication channels. Openpages 4.0 Adaptive Content Platform is the first fully programmable software platform with comprehensive process automation, content management and XML-based publishing capabilities. Openpages is based entirely on Java™ 2 Platform, Enterprise Edition (J2EE) and Web services standards, allowing businesses to leverage existing systems and resources to reduce the burden on IT. Using Openpages, business managers have complete control over how information is sourced, approved and delivered to customers, ensuring accuracy and accountability into the entire process.

Openpages Inc. is a privately held company with investors from leading high technology venture capital firms including Matrix Partners, Sigma Partners, Goldman Sachs, JAFCO, and North Hill Ventures. Openpages Inc. is headquartered in Westford, Massachusetts. For more information, visit: www.openpages.com.

ABOUT VENTURE FINANCIAL SYSTEMS GROUP, LTD.

Venture Financial Systems Group, Ltd. is a consulting firm specifically focused on delivering business and technology solutions to the investment industry. Venture offers a wide range of consulting services including strategic planning, software and vendor service evaluations, system integration, customized software solutions, and implementation services. The consulting staff averages fifteen years experience drawn from a wide range of functional areas within the financial services industry. For more information, visit: www.venturefsg.com.

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