Nexus IS Contributes Key Technology to Umpqua Bank's Innovation Lab in Portland, Oregon


VALENCIA, Calif., Dec. 19 / -- Nexus IS, Inc. announced today that it played a significant role in the development and deployment of a new collaborative technology featured in Umpqua Bank's latest store concept, the Innovation Lab, located in Portland, Oregon's South Waterfront neighborhood. The lab's "Ask an Expert" activity, was made possible by Nexus IS, Inc. technology using Cisco's Unified MeetingPlace solution to connect customers with face-to-face experts on a wide range of financial topics at any time.

Nexus IS, Inc. designed, configured, deployed, and tuned the Cisco Unified MeetingPlace application in order for Umpqua Bank to provide an innovative way for its customers to conduct face-to-face meetings with financial experts regardless of locale.

"We are very excited to be working with Umpqua Bank," stated Jon Jensen, Nexus IS CEO. "Companies like Umpqua separate themselves by offering their customers innovative ways of offering information to them. We are proud that Umpqua Bank looked to Nexus IS for a significant part of its 'Ask and Expert' technology. We anticipate a successful relationship with Umpqua Bank in the future."

"Umpqua has built its reputation around transforming the customer experience and the Innovation Lab is no exception. Technology companies such as Nexus IS played a key role in defining the space to be far more than what consumers expect from a banking experience," Ray Davis, president and CEO of Umpqua Bank.

Nexus IS, Inc is pleased to be a part of a visionary consumer offering from Umpqua Bank and dedicated to offering new ways for Umpqua Bank to harness technology to create community.

The Innovation Lab is located at 3606 SW Bond Ave., in Portland, Ore. Visit www.umpqualab.com/ for more information.

About Nexus IS

Nexus IS, Inc., headquartered in Valencia, CA, is a leading national full-service provider of unified communications solutions. As a Cisco Gold Certified Partner, Nexus IS also holds specialization certifications in IP Communications, Wireless, and VPN/Security; and is an Advanced Technology Partner for TelePresence, Unified Contact Center and MeetingPlace collaboration technologies. Strategically partnered with technology industry leaders Cisco Systems, NEC Unified Solutions and Microsoft, Nexus IS offers an extensive list of integrated Voice, Video, Data and Convergence solutions throughout the United States. For more information, visit the Nexus IS website at http://www.nexusis.com/.

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ) and has 147 locations between Napa, Calif. and Bellevue, Wash., along the Oregon and Northern California Coast and in Central Oregon. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including the Wall Street Journal, New York Times, BusinessWeek, Fast Company and CNBC. The company also ranked 34th on Fortune Magazine's 2007 list of the country's "100 Best Companies To Work For." Umpqua Holdings also owns retail brokerage subsidiary Strand, Atkinson, Williams & York Inc., which has locations in Umpqua Bank stores and in dedicated offices throughout Oregon and Southwest Washington. Umpqua Bank's Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit umpquabank.com/.

http://umpquabank.com
http://www.umpqualab.com

Source: Nexus IS, Inc.

CONTACT:
Brian Castillo
Marketing Manager of Nexus IS, Inc.
+1-818-679-6386
brian.castillo@nexusis.com

Web site: http://www.nexusis.com/

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