Press Release
Growing Cubus Solutions Adds to Executive Team
LIVERMORE, Calif., April 6, 2009
Cubus Solutions the software company that provides expert cost-saving and green business applications to Credit Unions, announced today the addition of two industry veterans to the company's executive team to support the company as it expands its product line and grows into new markets.
Lakshman Prabu, joins as the Vice President of product development and chief technology officer. Lakshman Prabu has over 15 years experience in the credit union industry, including managing programming groups and overseeing more than 30 software engineers. He was the Chief Architect for a leading credit union core data processing vendor's software products and was in charge of all aspects of development and implementation from identifying cost-effective and efficient technological solutions and training and managing programmers to educating customers about the end product. Prabu's wide-ranging technology and project management background, customer service orientation, expertise in the financial services industry, and leadership skill position him to guide Cubus Solutions' team of software engineers through all phases of the Software Development Life Cycle.
Lance Kawasaki, joins as the Vice President of programming, core systems. Kawasaki joins Cubus solutions with a wealth of experience and skills in software development and support. He worked for 16 years in software product development, including online banking and 24-hour emergency customer support, and later as an independent software consultant. Kawasaki's big-picture understanding of credit union operations and the interconnections between credit union functions enable him to develop highly efficient software solutions.
"These two industry experts will each play significant roles in the future growth of our company," said John-Ashley Paul, president of Cubus Solutions. "Both have an optimum combination of characteristics and qualities that are very well suited to our business and we will look to them for contribution in developing innovative strategies and products to open new markets."
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About Cubus Solutions
Cubus Solutions, headquartered in Livermore, CA, is a software company that provides expert cost-saving and green business applications to Credit Unions helping them better serve and retain their members through innovative service offerings, more efficient and cost-effective operations, and creative membership programs. CUBUS Solutions supports the Go-Green Initiative with its paper and gas saving programs, CUStatements and CUDeposits. The company has a suite of software solutions specifically for Credit Unions which additionally include Member Notifications, Points Management and Loyalty Checking solutions. Cubus Solutions, which is privately held, was founded in 2006 by a group of long time industry professionals who previously worked as a team at a well-known Credit Union core system provider. For more information visit www.CubusSolutions.com.

The Go Green Initiative brings together students and community through shared environmental goals. Cubus Solutions shares these ideals and believes an increased commitment to civic responsibility builds a stronger society through deepened employee, consumer, and shareholder relationships.