For Immediate Release

Financial Tools hires new Chief Financial Officer

Financial Tools announces its new CFO

Irvine, July 19, 2011: Financial Tools, Inc. (“FTI”) has announced that it has hired Bruce McDonald, MBA, CPA as its EVP & Chief Financial Officer.

Bruce began his career as a staff accountant working with Price Waterhouse & Company in Los Angeles. In addition to his undergraduate accounting degree, Bruce has received his MBA (Finance) from USC. With a career spanning over three decades, Bruce has worked for both large national/international banks as well as for community banks. Over the last decade, Bruce worked as the founding Chief Financial Officer for two community banks in the Orange County area of Sothern California.

According to Dave Kampff, FTI’s President and CEO, "Bruce adds a depth of ‘in-industry’ experience that will be of tremendous value – both to FTI and its clients. We are very excited to have Bruce join the growing staff at Financial Tools.” Kampff went on to say, “Bruce’s experience with core providers like Fidelity, Jack Henry and Metavante should prove invaluable as FTI prepares to roll out its new CASH Bridge application. And his experience in working at the highest level of management in banks whose size is typical of our clients should prove highly beneficial as we move forward in the development of our next generation portfolio management tools.”

Headquartered in Irvine, CA, Financial Tools supports the analytical, risk management and loan origination management needs of over 500 commercial banks and credit unions across the US. Financial Tools’ clients range in size from community banks to some of the largest banks and credit unions in the US.

Contact: Dave Kampff
Financial Tools, Inc.
Phone: (888) 765-4939
Fax: (949) 752-0684

Financial Tools,Inc.
17310 Redhill Ave., Ste 250
Irvine, CA 92614
www.financialtools.com