ClairMail Receives 2009 Market Penetration Leadership Award in Mobile Banking From Frost & Sullivan

NOVATO, CA--(Marketwire - December 16, 2009) - ClairMail, Inc., the leader in mobile banking and payment solutions, today announced that it was awarded the 2009 North American Market Penetration Leadership Award in Mobile Banking from global research organization, Frost & Sullivan. Recently named by Bank Technology News as a Leading Mobile Banking Innovator for 2009, ClairMail continues to distinguish itself as a leader in the financial services industry with this prestigious honor.

The Frost & Sullivan Award for Market Penetration Leadership is presented each year to the company that has "demonstrated excellence in capturing the fastest measured rate of change of market share within its industry." The award also recognizes how fast a company increases its market penetration and successfully executes on its strategic vision. This year, according to Frost & Sullivan, "ClairMail clearly stands out as the market leader and is the deserving recipient of the market penetration award in the U.S. mobile banking market."

"As ClairMail's growth and leadership continues to expand, it is evident why we selected them as the Market Penetration Leader in the mobile banking space," said Vikrant Gandhi, senior analyst, mobile and wireless, Frost & Sullivan. "Continually differentiating itself and pushing innovation in the market, ClairMail has the right vision for the future of mobile banking. ClairMail offers a deep and strategic mobile platform that lets its clients fully leverage the capabilities of the mobile channel and proactively deliver personalized content and a superior customer experience."

ClairMail has experienced accelerated growth over the past year, rapidly expanded its customer base, and is processing millions of mobile banking transactions per month for customers across retail banks, credit unions and card service companies. In addition, the company posted record 200 percent year-over-year revenue increases for both the second and third quarters ending June 2009 and September 2009 respectively.

"The Market Penetration Leadership Award from Frost & Sullivan is a tremendous honor and further reinforces our leadership position in the mobile banking and payments market," said Pete Daffern, CEO of ClairMail. "Winning yet another industry accolade closes out 2009 with significant momentum and underscores the value that financial institutions receive from our integrated mobile banking services by being able to reach 100 percent of their customers -- not just those enrolled in online banking."

About ClairMail

ClairMail is the leading provider of mobile solutions for banking, payment and card services. ClairMail provides a technology platform designed to help financial institutions realize the strategic potential of mobile banking, driving new levels of customer trust and loyalty, facilitating cross-sell opportunities and enabling near term, measurable cost savings. Financial institutions of all sizes now have an opportunity to reach 100% of their customer base and proactively deliver personalized content through multi-level alerting and triple-play convergence capabilities via a central customer interface. ClairMail's platform also offers multi-channel enrollment options to maximize mobile adoption and ROI, regardless of mobile device, carrier or back-end financial system. 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 Rachel Levine Clairmail@launchsquad.com (212) 564-3665 or (415) 625-8555