Press release

CSI Board Authorizes $10 Million Addition to Share Repurchase Program

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Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of
Directors authorized a $10.0 million increase in the Company’s share
repurchase program. The $10.0 million increase in the share repurchase
program brings the total to $110.0 million since CSI’s share repurchase
program was initially announced in March 2004. CSI has repurchased
approximately $98.6 million of the Company’s shares through the end of
its fourth fiscal quarter ended February 28, 2019. The Company had
approximately $1.4 million remaining under existing stock purchase
authorizations as of February 28, 2019. The share repurchase program may
be carried out through open market purchases, block trades and in
negotiated private transactions.

“We believe the Board’s authorization of a $10.0 million increase in our
share repurchase program highlights their confidence in the future of
CSI,” stated Chairman and CEO Steven A. Powless. “We believe CSI’s stock
represents an attractive investment at current prices in light of our
earnings growth, solid cash flow from operations and our strong capital

About Computer Services, Inc.

Computer Services, Inc. delivers core processing, managed services,
digital banking, payments processing, print and electronic distribution,
and regulatory compliance solutions to financial institutions and
corporate customers across the nation. Exceptional service, dynamic
solutions and superior results are the foundation of CSI’s reputation,
and have resulted in the company’s inclusion in such top industry-wide
rankings as the FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 501
Global Managed Service Providers List. CSI’s stock is traded on OTCQX
under the symbol CSVI. CSVI meets the financial media’s “Dividend
Aristocrats” criterion of having 25+ years of consecutive annual
dividend increases. For more information about CSI, visit

Forward-Looking Statements

This news release contains “forward-looking statements” as that term
is defined in the Private Securities Litigation Reform Act of 1995. All
statements except historical statements contained herein constitute
“forward-looking statements.” Forward-looking statements are inherently
uncertain and are based only on current expectations and assumptions
that are subject to future developments that may cause results to differ
materially. Readers should carefully consider: (i) economic,
competitive, technological and governmental factors affecting CSI’s
operations, customers, markets, services, products and prices; (ii) risk
factors affecting the financial services information technology industry
generally including, but not limited to, cybersecurity risks that may
result in increased costs for us to protect against the risks, as well
as liability or reputational damage to CSI in the event of a breach of
our security; and (iii) other factors discussed in CSI’s Annual Reports,
Quarterly Reports, Information and Disclosure Statements and other
documents posted from time to time on the OTCQX website (available at,
including without limitation, the description of the nature of CSI’s
business and its management discussion and analysis of financial
condition and results of operations for reported periods. Except as
required by law or OTC Markets Group, Inc., CSI undertakes no obligation
to update, and is not responsible for updating, the information
contained or incorporated by reference in this report beyond the
publication date, whether as a result of new information or future
events, or to conform this document to actual results or changes in
CSI’s expectations, or for changes made to this document by wire
services or Internet services or otherwise.