Press Release

MINNEAPOLIS – Jan. 17, 2008 – Wolters Kluwer Financial Services announced today the launch of HSA Director™, the company’s online Health Savings Account (HSA) management solution that provides financial institutions and their commercial and retail clients with fast, easy and compliant HSA enrollment and management capabilities.

Wolters Kluwer Financial Services worked with Canopy Financial, the market-leading provider of healthcare banking technology to the financial services industry, to create the HSA Director solution by integrating Wolters Kluwer Financial Services’ industry-leading HSA compliance documents and content into Canopy’s HealthDirect HSA technology platform.

Using HSA Director, institutions can automate such HSA-related business processes as eligibility, enrollment, account management, claims submission, expense substantiation, receipt storage, reporting, analysis, customer service and Internal Revenue Service (IRS) regulatory form filing.

By executing these processes online, institutions can help employers and their employees as well as individual consumers open accounts more quickly and reduce the number of errors associated with manual enrollment. And through online account management, an institution’s customers can gain easy access to their funds, view all of their account activities and learn more about HSAs and the investment options available to them.

“Ease and speed of use are both important features to financial institutions looking for an HSA technology solution, but so is its ability to help them remain compliant with regulatory obligations,” said Dave Roy, general manager, Banking, Wolters Kluwer Financial Services. “By partnering with Canopy to offer them the HSA Director solution, we’re providing institutions the best of both worlds.

Roy added that Wolters Kluwer Financial Services is interested in helping financial institutions take advantage of the expected rapid growth in Consumer Directed Healthcare. He noted the HSA Director solution not only gives financial institutions an opportunity to more efficiently provide customers with portable Health Savings Accounts, but also allows financial institutions to offer their commercial clients a complete and comprehensive solution, which is critical when competing with healthcare-owned financial service providers.

“As the HSA market continues to accelerate nationally, financial institutions are increasingly offering these types of accounts to the employer and consumer clients they service,” said Luis Doffo, Senior Vice President, Canopy Financial. “Our partnership with Wolters Kluwer Financial Services is extremely important as it helps Canopy extend its market penetration particularly into the bank and credit union markets through HSA Director, a seamless, leading-edge healthcare banking product that helps financial institutions meet the HSA needs of their customers.”

Wolters Kluwer Financial Services offers financial institutions a comprehensive, compliance-based set of HSA solutions that in addition to the HSA Director solution, includes:

• Training to help staff understand and implement an HSA program;
• Documents required to complete HSA transactions; and
• A marketing program designed to help promote HSAs and ensure the program’s success.

For more information about Wolters Kluwer Financial Services’ HSA Director solution, please visit www.WoltersKluwerFS.com/HSADirector. For more information about all of Wolters Kluwer Financial Services’ HSA solutions, please visit www.WoltersKluwerFS.com/HSAsolutions.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services, AppOne® GainsKeeper®, CCH® Capital Changes, NILS INSource®, AuthenticWeb™ and CCH Wall Street®.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2006) of € 3.4 billion ($4.3 billion), employs approximately 18,450 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.

About Canopy Financial, Inc.

Canopy Financial provides innovative technology solutions that connect healthcare and financial services. Serving some of the world’s largest healthcare and financial institutions, Canopy powers the development and delivery of complete healthcare banking services for both consumers and businesses. Founded in 2004, Canopy maintains offices in San Francisco and Chicago. For additional information please visit www.canopyfi.com