November 3 , 2004

 Industry Veteran Dave Krystowiak Joins Open Solutions’ Senior Manageme

- Krystowiak Appointed Senior Vice President And Will Lead Strategic Solutions Group -

GLASTONBURY, Conn., Nov. 3, 2004 – Open Solutions Inc.® (NASDAQ:OPEN), a provider of integrated enabling technologies for community financial institutions, announced that Dave Krystowiak has been named senior vice president and General Manager of the Strategic Solutions Group (SSG).  In his new position, Krystowiak is responsible for all SSG sales and operational efforts including the following Open Solutions business lines: e-Solutions (a suite of Web-enabled Internet banking and cash management tools), Open Solutions Imaging (a suite of Check 21 and imaging solutions), Sound Software (loan origination solutions), FTI Financial Technologies’ (Asset/Liability, Profitability, General Accounting, CRM/business intelligence software) and Maxaar (Interactive voice response solutions). In addition to Krystowiak joining Open Solutions, Michael Nicastro has been named to the new corporate position of senior vice president, Marketing and Product Management for the entire company. Both roles will report directly to Open Solutions’ Chairman and CEO, Louis Hernandez, Jr.

Krystowiak joins Open Solutions from Still Point Advisors, LLC, where he was president of the independent consulting firm.  Prior to Still Point, he spent more than fifteen years with Fiserv, Inc. where he began as vice president in the core processing business unit and held several other senior management positions before being appointed a division president in 2000.  As division president, he was responsible for four business units with $118 million in revenue and almost 1,000 employees that provided services for financial institutions.  Krystowiak began his career with Marine Bank Corporation, now Bank One, in Milwaukee.

“Over the past decade,” Krystowiak said, “I have watched Open Solutions gain momentum and make a name for itself within the industry through the offering of innovative technology products and services. My entire career has been in this industry, and I have seen companies prosper and fail.  I am very impressed in what I see at Open Solutions. They have been on my radar for years and appear to be poised for future growth. I am excited to be joining Open Solutions and believe that leading the Strategic Solutions Group will enable me to use my overall industry experience and knowledge to further assist Open Solutions in its continued success within the industry.”

Hernandez said, “Dave brings a tremendous amount of financial industry knowledge and expertise to our senior management team.  When we look for individuals to join our team, we look for someone who has a true commitment to the financial services and technology industry.  With more than 30 years of working in this industry, we believe that Dave will have a positive impact on our overall business efforts.”

As a senior manager, Nicastro, who joined Open Solutions in 1994, has been an instrumental leader within the company and most recently managed the Strategic Solutions Group.  This newly created position will enable Nicastro to focus on overall corporate product management, strategic marketing initiatives, as well as all future product direction and development efforts.  Additionally, Nicastro is tasked with ensuring that Open Solutions is developing the types of products and services that best meet its clients’ needs and that new business development opportunities will serve to further strengthen Open Solutions’ offerings.

“Our goal to help financial institutions leverage their technology to become better financial services providers must come from the very highest positions within our organization,” Hernandez said.  “Mike personifies the professional and operational experience that any company needs to be successful.  We constantly raise the bar on what our clients should expect from us, and Mike constantly raises the bar on how Open Solutions meets those demands.  We know Mike will continue to challenge himself and the rest of the team in finding new strategic initiatives that will help our clients.”

About Open Solutions
Open 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 loan origination solutions.  Open Solutions’ full suite of products and services allows banks, thrifts and credit unions 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. 

Contact: Marvin (Mickey) Goldwasser Open Solutions Inc. 860.652.3153
mgoldwasser@opensolutions.com
www.opensolutions.com

Open Solutions Inc.(R) is a registered trademark of Open Solutions Inc.

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 have entered into and may continue to enter into or seek to enter into business combinations and acquisitions which may be difficult to integrate, disrupt our business, dilute stockholder value or divert management attention. And, we have limited experience in the operation of our business outside the United States, and, as this acquisition will be our first international acquisition, upon its completion we will face the additional risks associated with managing an international business, and there is no assurance that we will integrate it successfully with our business. Other 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, 2004, as filed with the Securities and Exchange Commission. All other company and product names may be trademarks of their respective owners. Copyright (C) 2004 Open Solutions Inc. All rights reserved.