Press Release

Clairmail to Power Bank of Stockton's Mobile Banking Services

Technology-leading bank to use Clairmail's full suite of 2-way customer interaction solutions for secure mobile banking, payments and customer service

Novato, Calif.- May 16, 2007 — Clairmail, Inc., the leader in 2-way mobile phone-based customer interaction, today announced that Bank of Stockton, the oldest bank in California still operating under its original charter and a leader in banking technology innovation, selected Clairmail to power its mobile banking offering.

The breakthrough Clairmail System leverages any mobile phone's existing messaging software and capabilities, including short message service (SMS), wireless email and the mobile browser. No new mobile phone software is required. Clairmail is unique in that it operates on any mobile communications device - regardless of carrier, manufacturer, operating system or wireless transmission standard - and will spare Bank of Stockton from the operational nightmare of creating, deploying and supporting software on the thousands of possible handset configurations.

Clairmail System infrastructure resides on-premise behind the bank's firewall and will seamlessly and securely integrate with Bank of Stockton's systems of record, giving the bank direct access to its customers and enabling the bank's customers to directly access their accounts through a host of new mobile banking services, including:

On-Demand Account Management - Bank of Stockton customers can check their balances, view their account history, and conduct transactions such as fund transfers.
Actionable Alerts - Customers can receive and respond to 2-way alerts for cases such as low balances or check overdrafts, along with the ability to approve or deny certain types of transactions.
Enhanced Security - Clairmail provides strong security and convenience without risking customer privacy or exposing confidential data. The Clairmail System's out-of-band confirmation and multiple factors of authentication - even down to the individual transaction level - make it impenetrable to phishing, vishing, man-in-the-middle and similar fraud and identity theft attacks. In fact, the Clairmail System meets and exceeds U.S. Federal Financial Institutions Examination Council (FFIEC) requirements for multi-factor authentication.
Mobile Payments - Mobile eBills can be delivered directly which customers can conveniently pay using their mobile devices.
No-Hold Customer Service - A unique feature which allows customers to get into the call center queue without waiting on hold, by simply messaging their bank.

Founded in 1867, Bank of Stockton has always been at the forefront of banking technology innovation and was one of the first banks in California to offer Internet banking. Since then, the bank has continued to pioneer new technology-based services to better serve its customers. Recently, Bank of Stockton decided to offer mobile banking services, given the strong customer demand, and selected the Clairmail System because of its rapid deployment, ease of implementation, familiar user interface and virtually universal access for its customers.

"The Bank of Stockton has always been on the leading edge of banking technology and we strive to provide our customers with convenient tools to perform banking transactions," said Douglass M. Eberhardt, President and CEO of Bank of Stockton. "We chose Clairmail because it offers the most complete, secure and easy to use mobile banking solution with no downloads required, making widespread adoption among all of our mobile customers - not just those possessing a specific phone model or affiliated with a particular carrier - fast and expedient."

"A mobile banking solution is only valuable to banks if it is widely embraced by its customers," said Joseph Salesky, CEO of Clairmail. "By using the existing messaging capabilities on mobile devices, Clairmail has enabled Bank of Stockton to quickly and easily provide a comprehensive suite of convenient, secure and on-demand banking services for their increasingly mobile customers."

About Bank of Stockton

Recognized as one of the nation's leading independent community banks, as well as the largest community bank in San Joaquin County, this 140-year old local bank is known for its tradition of strength, safety and superior customer service. Under the leadership of President Douglass M. Eberhardt, the bank has been on the forefront of banking technologies. Eberhardt's leadership philosophy reflects his belief in providing superior customer service by meeting banking needs. Whether customers are high touch or high tech, Bank of Stockton continues to invest in its people and technology, offering customers what they need. The Bank has 12 branches in contiguous market areas, located in Stockton, Lodi, Tracy, Ripon, Manteca, Oakdale, Pine Grove, Angels Camp, and Rio Vista. In 2003, they purchased Modesto Commerce Bank and Turlock Commerce Bank. These three additional locations operate as divisions of the Bank of Stockton, and add Modesto and Turlock to the bank's branch network. In December 2006, Elk Grove Commerce Bank, also operating as a division of Bank of Stockton, opened its doors and marked the entry to the Elk Grove community, bringing the total number of branches to 16. Bank of Stockton is privately held. For more information, contact Angela Brusa, Vice President/Director of Marketing at 209-929-1445.

About Clairmail

Clairmail's breakthrough platform and applications optimize any mobile phone for two-way customer interaction - with no new mobile phone software required. It is ideal for any industry vertical where there is a desire to increase the level of interaction between companies and their customers. Unlike other proprietary and inflexible point solutions, the Clairmail system is a turnkey, standards-based offering that seamlessly and securely integrates with back-end systems and delivers the fastest time to value. Founded in 2004, Clairmail is headquartered in Novato, Calif. The company is privately held and funded by Norwest Venture Partners, Outlook Ventures and JAFCO Ventures. For more information call (415) 884-7270 or visit www.clairmail.com.