ClairMail Announces Record Quarter-End Numbers, Continuing Growth and Leadership in Mobile Financial Services

270 Percent Growth in Bookings and 400 Percent Increase in Transactions Builds Strong Momentum for Remainder of 2010

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| Source: ClairMail, Inc.

NOVATO, CA--(Marketwire - April 23, 2010) -  ClairMail, Inc., the leader in mobile banking and payment solutions, today announced that it has posted a 270 percent year-over-year increase in bookings for the first quarter ending March 2010, demonstrating a year of customer wins, new technology releases, and strong industry presence.

The mobile banking space has seen skyrocketing adoption, growth and opportunity in the past year, and according to ClairMail research, a projected 46 percent of the top 600 banks are planning to purchase or implement mobile banking strategies in 2010.

As the leading mobile finance provider, ClairMail has capitalized on this trend. ClairMail has not only recorded a 270 percent increase in bookings between the close of first quarter 2009 and first quarter 2010, but accordingly, end-user adoption of ClairMail's Mobile Banking system has also increased exponentially with a recorded 300 percent increase in end user adoption and 440 percent increase in mobile banking transactions from Q1/2009.

"Our significant revenue increase and the accelerated adoption rates our customers are experiencing over the past quarter demonstrate the heightened demand for mobile banking," said ClairMail CEO Pete Daffern. "2010 is set to be the year in which the true capabilities of the always accessible, ubiquitous mobile channel begin to reach full delivery to FI customers. We are greatly looking forward to our anticipated growth in 2010 as we continue to roll out industry-first products and technologies for our customers."

In Q4 2009 through Q1 2010, ClairMail also expanded its international reach through partnerships with resellers Misys, Diebold, FIS, and ebpSource, extending the ClairMail Solution to financial institutions in Latin America, Asia, Europe, and India. In addition, the recent content partnership with Mitek Systems complements the ClairMail System with mobile remote deposit capture capabilities.

"Consumers and financial institutions are increasingly demonstrating that they want more than just basic 'check-box' solutions," said Red Gillen, senior analyst in Celent's Banking group. "In order to move to the next stage of functionality and increase mobile banking adoption numbers, solution providers should not be lulled by the early excitement of the past few years. Rather, solutions providers have to deliver true mobile financial services that not only provide consumers with account access and management while on the go, but also offer banks with other touch points to interact with their customers to deliver value-added services, such as the ability to receive and view rewards and offers."

About ClairMail
ClairMail is the leading provider of mobile solutions for banking, payment and card services. ClairMail provides a technology platform designed to help financial institutions realize the strategic potential of mobile banking, driving new levels of customer trust and loyalty, facilitating cross-sell opportunities and enabling near term, measurable cost savings. Financial institutions of all sizes now have an opportunity to reach 100% of their customer base and proactively deliver personalized content through multi-level alerting and triple-play convergence capabilities via a central customer interface. ClairMail's platform also offers multi-channel enrollment options to maximize mobile adoption and ROI, regardless of mobile device, carrier or back-end financial system. Founded in 2004, ClairMail is headquartered in Novato, Calif. For more information call (415) 884-7270 or visit www.clairmail.com.

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