Jack Henry & Associates

FlexiInternational's Accounting Software Recognized as a Preferred Solution for Jack Henry & Associates' Clients

Strengthens Flexi's Position in Banking and Financial Services Markets

SHELTON, CT/April 27, 2006/MarketWire — FlexiInternational Software, Inc. (OTC: FLXI) announced today that Jack Henry & Associates (NASDAQ: JKHY) recognizes FlexiFinancials®, a flagship suite of proven accounting software, as a preferred solution for its core banking clients.

Jack Henry, a leading provider of integrated solutions and services for the financial industry, noted that Flexi's dynamic software suites provide value-added expertise for its national clients.

Under this collaborative  relationship, JHA and Flexi will certify and support the interface between FlexiFinancials Suite® and FlexiSmartClient Suite® with Jack Henry's SilverLake® and CIF 20/20® solutions.

Jack Henry customers electing to implement Flexi applications will enjoy the dynamic features and flexibility of the FlexiFinancials Suite including multi-company capabilities, flexible invoice and payment processing options, as well as other diverse advantages. Flexi's SmartClient Suite allows financial institutions to streamline their processes—from multiple branch locations to offices just down the hall.

Jack Henry customers choosing to utilize Flexi-based solutions will have the option of selecting the entire FlexiFinancials Suite or targeted modules such as FlexiPayables®, FlexiAssets®, FlexiProjects®, FlexiPurchasing® and FlexiReceivables®.

Flexi's long-standing commitment to an open architecture and industry standard technologies offers significant customer benefits, including ease of integration, lower maintenance costs, quicker implementations and unparalleled adaptability.

"Our relationship with Jack Henry further strengthens our presence in the banking and financial services markets," said Stefan R. Bothe, chairman and CEO of Flexi. "The  agility and adaptability offered by Flexi simply can't be matched by other vendors."

About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. is a leading provider of integrated computer systems and processes ATM and debit card transactions for financial institutions. Jack Henry markets and supports its systems throughout the United States, and has more than 8,600 customers nationwide. For additional information visit www.jackhenry.com

About FlexiInternational Software
Founded in 1992, Flexi's financial solutions are used by hundreds of organizations in a wide range of industry segments, including banking, financial services, insurance, utilities, and professional services.  Current customers include Wells Fargo, Mutual of America, and Lloyds TSB, NetBank, Wilmington Trust, Reliable Financial Services Gallagher Bassett and Mercury Insurance.  The company also has developed partnerships with a variety of industry leaders, including McKesson, Unisys, and Fiserv.  For more information, visit www.flexi.com.