Rapidly Growing Software Company in Stouffville

Rapidly Growing Software Company Touts Stouffville Location

Toronto, Canada – April 25, 2008: Strategic Information Technology Limited (“SIT”), a banking software company, is pleased to announce that it has grown to over 100 employees and credits its Stouffville location for part of its success.

“There are a number of reasons for our continued success,” says G. Robert Leeming, President of SIT. “For starters - our banking software continues to prove itself more flexible and scalable than our competition. Secondly, most of our employees have at least five years experience in a banking or financial institution. And lastly, we enjoy lower operational costs by being located in Stouffville. Many of our employees also benefit from our Stouffville location. They often have reduced commutes and travel costs which translate into a better quality of life.”

“SIT moved from Markham to Whitchurch Stouffville in 1994 to escape the congestion of Markham and to take advantage of the beautiful surroundings, the required amenities and room for expansion”.

“Whitchurch-Stouffville is an ideal location for a technology company,” says Wayne Emmerson, Mayor of the Town of Whitchurch-Stouffville. “Businesses that choose to locate in Whitchurch-Stouffville get to enjoy the benefits of a small town atmosphere and the advantages of being close to the strong business areas of Markham and Toronto. We are confident that technology companies will find Whitchurch-Stouffville attractive.”

About Whitchurch Stouffville

Whitchurch Stouffville is a rapidly growing town that promotes a “Country Close to the City” environment, making it an ideal location for companies and residents alike. In 2007 and 2006 close to 2,000 dwellings were constructed with a total construction value of over $400,000. By 2021 it is expect that Whitchurch-Stouffville will have over 50,000 residents.

About Strategic Information Technology Limited

SIT, formed in 1988, develops and markets Portfolio Plus, an extensible banking system that enables customers to plug-in new functionality as required. This is accomplished via SIT's unique Plug-In BankingTM architecture and a Financial Services Bus^TM that extends Portfolio Plus functionality to other corporate applications. SIT's banking software enables credit unions, banks, trust companies and building societies to offer web banking, loans, loan securitization, investments, term deposits, wealth management, retail, ATM/POS switch interfaces for debit cards, leasing, and credit bureau interfaces. Portfolio Plus can also be tailored, on request, to meet specific customer requirements.

SIT can be reached at (http://www.stratinfotech.com) or by phone at 905-640-0808.

Portfolio Plus, Plug-In Banking and Financial Services Bus are trademarks or registered trademarks of SIT in the U.S., Canada and other countries. Any other trademarks or service marks contained herein are the property of their respective owners.

For more information:
Patrick Lannigan
Strategic Information Technology
Telephone: 905-640-0808 x356
Email: patrickl@stratinfotech.com