Waterloo Regional Credit Union Expands Again

Waterloo Regional Credit Union Expands Again

Strategic Information Technology Limited ("SIT") would like to extend their congratulations to Waterloo Regional Credit Union (WRCU) on the Grand Opening of the new Fischer-Hallman Branch, set to take place Wednesday May 26, 2004.

Waterloo Regional Credit Union has been a client of SIT, using the Portfolio Plus platform since 2002. We would like to congratulate Waterloo Regional Credit Union on their achievements and are pleased to be a part of their success.

About Waterloo Regional Credit Union (WRCU)

WRCU is a member-owned financial co-operative whose objectives are to provide a complete range of financial services, at competitive rates and with benefits that save you time and money.

WRCU is a full-service financial institution that offers individuals and businesses:

• Savings and chequing accounts
• Term deposits
• RRSPs, RRIFs and RESP
• Loans, lines of credit and mortgages
• investment products
• Access to 500,000 ATMs world-wide through the Interac® and CIRRUS® systems
• MasterCard® credit card
• Financial planning services and counseling
• Trust services (provided through Co-operative Trust Company of Canada)
• Insurance services (provided through Credit Union Insurance Services (CUIS))

About Strategic Information Technology

Strategic Information Technology Limited was formed in 1988. SIT develops and markets a core banking system Portfolio Plus. Portfolio Plus is a highly functional application designed to be easily tailored to customers' unique environments, to process information efficiently, and to provide timely access to information essential to competing effectively in the financial services industry today.

For further information please contact:

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