Cypress Software Systems is on Target to Complete a Record Sales Month

 

Fort Worth, TX – (August 23, 2002) ---- Cypress Software Systems is on target to complete a record sales month in August.  New clients added during the month include TexasBank, one of the largest independent banks in North Texas, First National Bank of Midwest City Oklahoma, a high volume retail bank; and, Stillwater National Bank & Trust, a publicly traded bank headquartered in Oklahoma with offices in Oklahoma and Texas.

 

Troy Anderson, Vice President of Sales and Corporate Development indicated, “We are very pleased that the economic slowdown has had no effect on our sales initiative; Cypress is poised for a record year of growth.”

 

The Company indicated that sales are forecasted to remain strong through the end of 2002 and that another record growth year is expected for 2003 as a result of the maturation of existing partnerships and the anticipated next release of its flagship product, Mark IV.

About TexasBank

Information about TexasBank can be found on the bank’s website at www.texasbank.com.

About First National Bank of Midwest City

Information about First National Bank can be found on the bank’s website at www.fnbmwc.com.

About Stillwater National Bank & Trust

Information about Stillwater National Bank can be found on their website at www.banksnb.com.

About Cypress Software Systems, LP

Cypress Software Systems, LP. is a leader in automated credit application decisioning technologies.  Cypress is based in the North Texas Metroplex.  The company’s address is 4528 West Vickery Street, Fort Worth, Texas 76107.  For further information on the Mark IV solution, visit the company’s web site at www.go-cypress.com or contact the Cypress Sales Department at 817-377-9200 (toll-free at 800-394-5777).