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MoneyAisle Partners with uMonitor to Power New Account Opening Service
Memphis, Tenn. and Burlington, Mass. October 14, 2008– uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, and MoneyAisle, a live online auction marketplace where banks competitively bid for customers, today announced a strategic partnership to enable customers to open new accounts with maximum interest rates.

MoneyAisle is the first consumer Web site featuring live, on-demand auctions with participating FDIC-insured banks. Consumers can initiate secure auctions at any time to find the best available interest rate for certificates of deposits (CDs) and/or high-yield savings accounts in the MoneyAisle partner network. By leveraging uMonitor's uOpen & uFund™ solution, MoneyAisle users can open and fund an account with the "winning bank" in real-time online. The uOpen & uFund service collects all personal information and completes the identity verification and authentication necessary for the USA PATRIOT Act and FACT Act regulation compliance.

"Ease of use is central to MoneyAisle's online auction success, and uMonitor supports the ability for consumers to open accounts instantly with any bank in our growing nationwide network," said Mukesh Chatter, president and chief executive officer of MoneyAisle. "A trusted, scalable solution from uMonitor to open and fund accounts in real-time makes the benefit of our platform even stronger. Accounts are typically opened within minutes and banks receive funds to re-invest immediately."

"MoneyAisle leverages the competitive spirit of today's banking environment and gives all financial institutions an equal opportunity to grow their deposits, and at the same time give consumers better rates," Dinesh Sheth, CEO of uMonitor, explained. "Our online account opening service makes the process quick and easy. We share a common goal with MoneyAisle to provide customers with a delightful user experience and to provide the best value. We are extremely pleased to partner with MoneyAisle to support this breakthrough offering."

About MoneyAisle
MoneyAisle is the next-generation e-commerce auction marketplace that provides consumers with great rates on CDs and high-yield savings accounts while helping banks efficiently attract new customers. MoneyAisle's methodology is simple: banks competitively bid for every customer in live auctions. NeoSaej's patent-pending MoneyAisle technology creates a safe platform for consumers to secure great deals on financial services and products. Unlike other online auction marketplaces, MoneyAisle lifts the buyer's burden by providing free on-demand live auctions which consumers can watch unfold in real time.
About neoSaej, Corp.

neoSaej is a leading developer of online auction marketplaces focused on utilizing the advantages of the Web to empower consumers. MoneyAisle, neoSaej's first marketplace, provides consumers with great rates on CDs and high-yield savings accounts.

About uMonitor
uMonitor financial technologies offer a wide range of online solutions specifically designed to help financial institutions provide the most up-to-date services. These highly configurable and customizable solutions enable financial institutions to increase profitability, generate revenue, improve regulatory compliance, and improve employee productivity while reducing costs. uMonitor technologies include New Account Setup and Online Funding with Switch Kit, New Loan Application Processing, Funds Transfer Service, Bill Presentment and Payment Solutions, Premium Account Aggregation Service, Document Management System, Advisor-Client Relationship Management and other services. This year the company's growth and success were recognized by its inclusion on the 2008 Inc. 5000 list.

Media Contacts:
For MoneyAisle:
Alex Wallace
781-487-4679
This email address is being protected from spambots. You need JavaScript enabled to view it.

For uMonitor:
Nneka Egwuatu/Heather Cunningham
678.781.7229/813.531.9662
 

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