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U.S. Banks Find “Reliable and Easy Solution” to E-Discovery

In-House E-mail Archiving Solution “Best Fit” For Community Banking Model

DENVER and TORONTO — April 8, 2008 — Companies in the retail banking sector who want a complete, in-house solution to address compliance concerns are increasingly looking to the Plug n Comply™ e-mail archiving appliance offered by Jatheon Technologies, Inc.

United Western Bancorp, which owns the Colorado-based United Western Bank network, recently implemented a Jatheon solution to assist with e-discovery compliance in legal cases. "We were using an outside vendor for our message archiving and were unhappy with their reliability," explained Jamie Yancy, chief technology officer for United Western Bancorp. "After careful evaluation of a number of providers, we felt the Jatheon solution was the best fit for our business model."

"Community banks across the U.S. have been forced to quickly adopt effective, 'top-down' compliance models in response to Sarbanes-Oxley and a number of other regulatory requirements," said Kieron Dowling, president and CEO of Jatheon. "In our experience, the ease and security of an on-site Jatheon archiving appliance make it an ideal component of a community banking risk management strategy. In addition, the scalability of a Jatheon solution partners well with the growth model of many community banking networks."

"Jatheon has definitely delivered for us on all fronts," said Yancy. "The 'plug and play' nature of its setup made it easy to bring in house, and the user interface has made it easy to retrieve archived messages for e-discovery requests, which is exactly what we needed."

About United Western Bancorp

Denver-based United Western Bancorp, Inc. is focused on developing its community-based banking network through its subsidiary, United Western Bank, by strategically positioning branches across Colorado's Front Range market and certain mountain communities. The area spans the eastern slope of the Rocky Mountains -- from Pueblo to Fort Collins, and from metropolitan Denver to the Roaring Fork Valley. United Western Bank plans to grow its network to an estimated 10 to 12 community bank locations over the next three to five years. In addition to community-based banking, United Western Bancorp and its subsidiaries offer deposit services to institutional customers and custodial and administration services through Sterling Trust Company. For more information, please visit www.uwbancorp.com.

About Jatheon Technologies

Honored with Deloitte’s Top 10 Companies-to-Watch Award, Jatheon Technologies is the designer, developer and marketer of Plug n Comply™, a family of network appliances that simplify archiving, indexing, retrieval and dynamic monitoring of corporate e-mail and messaging data. Jatheon’s Plug n Comply offering is an integrated appliance that is simple, secure and scalable, offering absolute control of confidential messaging data whether it is e-mail or instant messaging. The Jatheon family of appliances enables organizations to meet and exceed the highest standards of regulatory compliance and corporate governance. Founded in 2004 and headquartered in Toronto, Canada, Jatheon serves North America and Europe through its network of global business partners.

 
 
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