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News - August 31, 2005

Open Solutions Announces International Strategic Reseller Partnership with R Systems Inc.

GLASTONBURY, Conn., Aug. 31, 2005 — Open Solutions Inc.® (NASDAQ: OPEN), a provider of integrated enabling technologies for financial institutions, announced a strategic reseller partnership with R Systems Inc., an information technology and business process outsourcing company serving clients worldwide with global delivery capabilities. The partnership with R Systems will further expand Open Solutions’ presence in the international market. Open Solutions recently announced its International Operations Department headed by industry veteran Wayne Ginn.

R Systems International Ltd., is headquartered in El Dorado Hills, Calif. and Noida, India. Through its banking and finance vertical, Indus Soft, R Systems is involved in providing total solutions and consumer finance software products to the banking industry in Asia, the Far East, the Middle East and Europe.

As a result of this reseller partnership, R Systems will sublicense Open Solutions’ relational core data processing solutions and integrated strategic products in its target markets, and Indus Soft will be responsible for implementing, customizing, localizing and supporting the products.

Open Solutions Chairman and CEO Louis Hernandez, Jr., said, “This reseller relationship will enable Open Solutions to gain entry into markets where R Systems is already strong, giving our globalization plans a foothold overseas. We believe that our open core data processing platform solution and integrated product suite will not only increase our association in these markets, but will also provide-R Systems with the ability to offer a more comprehensive solution to its customers. Having resellers in the international market space is part of our ongoing strategy to introduce our technologies abroad. This reseller partnership, along with the recent addition of global financial industry veteran Wayne Ginn as vice president of International Operations, will further our international presence.”

Open Solutions provides enabling solutions to domestic and international financial institutions, offering some of the most advanced functionality, technology and service in today’s market. Its relational database technology suite was designed to be an open architecture application, creating the flexibility necessary to run an agile, customer-focused institution. The product suite delivers real-time core data processing, business functionality and business intelligence capabilities that have efficiencies for both the front and back offices.

“We looked closely at Open Solutions’ product offering and fully understand its value and efficacy,” said R Systems Chairman and CEO Rekhi Singh. “Open Solutions’ relational core data processing solution is best suited for financial institutions looking to grow their businesses, streamline operations and remain competitive. We believe its best-of-breed enabling platform offers flexibility, scalability and ability to address future industry requirements. Open Solutions’ advanced applications satisfy these needs and have surpassed our expectations and industry requirements.”

“This is a great opportunity for both companies,” Ginn said. “R Systems already has a strong presence internationally. This agreement will give them the opportunity to resell the Open Solutions’ product line and thus increase Open Solutions’ presence in the international market. It’s a win-win for both companies.”

Open Solutions is staying ahead of global trends in technology by providing international financial institutions with open, real-time solutions. The enterprise applications have been designed to improve customer relationship management, reporting and technology integration.

“This reseller partnership with R Systems provides us with an excellent opportunity to reach the international banking arena,” Hernandez said. “Reseller alliances such as these are an important strategy in addressing the global demand to the innovative open flexible technologies and services for which Open Solutions has developed a market-wide reputation.”

About Open Solutions Inc.

ROpen Solutions Inc. offers a fully-featured strategic product platform that integrates core data processing applications built on a single centralized Oracle® relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, Check 21, interactive voice response, and payment and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts and credit unions in the United States and Canada to better compete in today’s aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.

For more information about Open Solutions or its financial product line contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions’ Internet site at http://www.opensolutions.com.

Open Solutions Inc. is a registered trademark of Open Solutions Inc. All other company and product names may be trademarks of their respective owners. Copyright 2005 Open Solutions Inc. All rights reserved.

About R Systems

R Systems develops designs and delivers comprehensive IT and business process outsourcing solutions and services including systems development, systems integration, product development, product maintenance, quality analysis and testing, and customer support for a mix of Global 1000, mid-sized companies and government organizations R Systems global delivery model improves efficiency and reduces cost of solutions to its clients. R Systems has over 1,000 employees in over 5 offices worldwide and all its offshore centers in India are certified SEI-CMM Level 5. R Systems U.S. headquarters is located at El Dorado Hills, CA and the worldwide headquarters is located in Noida, India. www.rsystems.com
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Safe Harbor Statement

Statements made in this press release that state Open Solutions Inc.'s or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. All forward looking-statements are only as of the date of this press release and Open Solutions Inc. undertakes no obligation to update or revise them. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause Open Solutions Inc.'s actual results to differ materially from those projected in such forward-looking statements. For example, we operate in a competitive business environment, and if we are unable to compete effectively, we may face price reductions and decreased demand for our products. Factors which could cause our actual results to differ materially from those projected in forward-looking statements include, without limitation, economic, competitive, governmental and technological factors affecting the banking and credit union industry and/or Open Solutions Inc.'s operations, markets, products, services, prices and other factors set forth under the heading “Factors Affecting Future Operating Results” in Open Solutions’ Quarterly Report on Form 10-Q for the three months ended June 30, 2005, as filed with the Securities and Exchange Commission.