ClairMail Posts Record Revenue Growth in Second Quarter 2009; Continues Strong Growth Trend in the Past Year

NOVATO, CA--(Marketwire - July 9, 2009) - ClairMail, Inc., the leader in proactive mobile banking and payment solutions, today announced a record number of new customers and a 200 percent year-over-year revenue increase for the second quarter ending June 2009. The record quarter continues the rapid growth trend the company has experienced in the past 12 months.

"Our record revenue growth, solid customer pipeline and strong financial outlook put us on a clear path to near-term profitability," said Founder and Chief Strategy Officer Joe Salesky. "We continue to see substantial demand from financial institutions for our unique proactive mobile banking solution, as we grow our market share across retail banks, credit unions and card service companies."

Demand in mobile banking services continues to grow. Industry research firm TowerGroup published a May 2009 report that estimates mobile banking usage will increase from 10 million active users in 2009 to more than 53 million active users in 2013.

"Financial institutions understand that the mobile device is fast becoming the new channel for consumers to access and manage their account information, while providing the bank with another valuable touch point to interact with their customer," said Charul Vyas, analyst in TowerGroup's Emerging Technologies practice. "The mobile device also enables banks to cut costs from existing customer service channels, while uncovering new revenue streams through contextual marketing and cross-selling opportunities."

ClairMail's record second quarter comes as a result of repeat business and expanded relationships with several of the top 10 U.S. banks, as well as new agreements with top-tier financial institutions, regional banks and credit unions that will be announced in the coming months.

"Our continued growth underscores ClairMail's enduring momentum in the market and reinforces our solid financial position," said Pete Daffern, CEO of ClairMail. "Our success in the past year has been driven by our ability to respond to the needs of banks and credit unions of all sizes, and deliver a mobile banking solution aligned with the needs of their customer base. Today, we are poised for even more growth as we continue executing our business plan for further expansion across Canada, Europe, Latin America and the U.S., extending our leadership position as the global leader of mobile banking and payments."

About ClairMail

ClairMail is the leading provider of proactive mobile solutions for banking, payment and card services, driving new levels of customer trust and loyalty, facilitating cross-sell and enabling near term, measurable cost savings. Financial institutions of all sizes can now take command of customer interactions through the use of actionable alerts, workflows and personalized touch across multiple mobile channels, all via a single integrated platform. ClairMail maximizes mobile adoption, leverage and ROI through its unified, simple approach to mobile banking -- regardless of the mix of mobile devices, carriers or back-end financial systems. Founded in 2004, ClairMail is headquartered in Novato, Calif. For more information call (415) 884-7270 or visit www.clairmail.com.

Contact Information: For media inquiries, please contact: LaunchSquad Gavin Skillman or Eleni Bourinaris Clairmail@launchsquad.com (212) 564-3665