Digital Insight, nFront finalize merger

CALABASAS, Calif. - In terms of number of financial clients, the new Digital Insight is the largest Internet banking provider in the financial services industry. Digital Insight announced that its acquisition of nFront, Atlanta, Ga. is complete. The new Digital Insight now has more than 730 community financial institution clients, with a total customer base of 17 million potential end users. These clients include 650 Internet banking contracts with 13.6 million potential end users. More than 750,000 people are currently active end users of Internet banking. "We successfully executed a carefully planned integration process bringing the best of both companies together," said Digital Insight Chairman, President and CEO John Dorman. Other highlights of the deal include the following: * Combined annualized revenue of approximately $26.3 million at the end of the fourth calendar quarter in 1999. * Interfaces with 45 data processing vendors providing coverage of more than 80% of community financial institutions. * New company has expertise in both real-time and batch processing. Digital Insight's headquarters remain in Calabasas, Calif, with regional operations in Atlanta, Ga. Digital Insight's staff now has approximately 325 employees. Digital Insight trades on the NASDAQ under the symbol DGIN.