SAN FRANCISCO, CA April 1, 2008 - Mobile banking and payments leader mFoundry today announced that City-County Federal Credit Union (CCFCU) has selected the mFoundry platform for mobile banking. CCFCU will leverage mFoundry's® Spotlight Financial Platform™ software to offer mobile banking services to their members, including the ability to securely access account balances, to transfer money between accounts, and the ability to find the nearest branch and ATMs. City-County Federal Credit Union is the seventh largest credit union in the state of Minnesota. It has more than 66,000 members and nearly $500 million in assets. The credit union operates nine full-service offices in the Twin Cities area.

"CCFCU continually strives to make banking easier and more convenient for our members. Offering 24/7, real-time access to banking services through mobile is a great addition to our offerings," said Dean Nelson, president of CCFCU. "mFoundry's platform offered us an elegant solution that will give our members a secure, responsive, easy to use mobile banking application. It was the only platform that gave us multiple distribution options and complete control of the security model."

"mFoundry is very pleased to be working with a leading credit union like CCFCU.," said Drew Sievers, CEO and co-founder of mFoundry. "Their adoption of our platform is a testament to the fact that our solution is suited for financial institutions of all sizes."

Earlier this year, mFoundry announced that PSCU Financial Services, the nation's largest credit union services organization adopted the mFoundry platform to deliver mobile banking and payment services to credit unions and their membership. The mFoundry platform has become the leading mobile banking platform for financial service technology providers. In addition to PSCU, mFoundry also has partnerships with Fidelity National Information Services, ACI Worldwide, First Data and others.