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FIFTH THIRD SECURITIES JOINS UFT'S PREFERRED VENDOR NETWORK
LAKE FOREST, Ill., April 2, 2008 – United Financial Technologies (UFT) today announced Fifth Third Securities joined UFT's Preferred Vendor Network to provide Placement and Remarketing services for licensees of UFT's Collateralized Variable Rate Demand Note (CVRDN) and Managed Variable Rate Demand Note (MVRDN) financial products.

Fifth Third Securities is a subsidiary of Fifth Third Bancorp, one of the largest money managers in the Midwest, headquartered in Cincinnati, Ohio.  Fifth Third Securities, with offices in Chicago, was the number one ranked issuer of letters of credit and a top ranked performer in total volume of issuances in the United States VRDN market in 2006 and 2007.  As a Preferred Vendor, Fifth Third will be engaged by UFT's licensees to privately place both CVRDNs and MVRDNs to select subscribers and manage the remarketing of tendered financial instruments throughout their term.
    
“With Fifth Third's relationship-based focus on its customers, UFT is more confident than ever that the CVRDN and MVRDN will enjoy a hearty reception from institutional buyers," said Joanne Marlowe, Chief Executive Officer of UFT.  "UFT has been looking for a placement agent that was well-known among some of the largest firms and could effectively carry our message to the capital markets.  When we met the team at Fifth Third, we not only found experts in their field, but men and women that did not shy away from the challenge of investing the time to educate the marketplace to the benefits of new and meaningful structured product.”

UFT designs financial instruments that appeal to companies with capital-intensive business models that consistently utilize debt financing.  The CVRDN and MVRDN are both interest-only instruments that enhance cash flow and allow large volumes of debt capital to be raised for asset management and commercial allocations. 

UFT’s preferred vendors act as financial service providers in specialized capacities to create a networked support system for UFT's licensees with a goal of easing financial product deployment in the marketplace.  All preferred vendors are trained in the application of UFT's financial technologies with respect to their area of industry expertise.    

For more information, visit www.unitedft.com.

United Financial Technologies is a privately held company.

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FOR MORE INFORMATION, CONTACT:

Media Relations
mediarelations@unitedft.com

847-604-8055

Notice: The information contained in this announcement is only accurate as of the date of its publication and release, and may contain certain forward-looking statements based upon anticipated events that may or may not come to pass. The company makes no representation or warranty as to the correctness or accuracy of the information contained herein, and is under no obligation to update this information at any time after the date of release.

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