Press Release Details

Expense Management Leader Cass Information Systems Receives National Honors from Forbes Magazine

October 30, 2008 at 6:33 PM EDT

ST. LOUIS--(BUSINESS WIRE)--Oct. 30, 2008-- "While some companies writhe, others thrive," proclaimed Forbes Magazine in naming its annual list of "Best 200 Small Companies." St. Louis-based Cass Information Systems (NASDAQ: CASS) is ranked #104 this year; up from its previous ranking of #170 in 2006. The ranking is based on top performance as measured by return on equity, sales growth and profit growth.

The company met Forbes' requirements based on its annual revenues and stock price. Cass, a leader in automated information and expense management, is approaching $1 billion in total assets. Cass stock has traded between $26 and $36 per share over the past six months. To qualify, a company's stock must be at least $5 per share.

About Cass Information Systems

Disbursing over $25 billion annually for its Fortune 1,000 clients, Cass Information Systems is the nation's leading provider of outsourced payable services across the enterprise in logistics, utilities and telecom. As a leading provider of freight and parcel expense management, Cass offers automated invoice payment, audit, rating and business intelligence services. Cass is also the leading back-office provider of energy information in North America, while its growing Telecom Division provides an end-to-end full-service solution to manage voice, data and wireless expenses. Cass employs nearly 1,000 people across the United States.

Cass is part of the Russell 2000(R) Index and earlier this year was one of only 27 companies to be honored with a 2008 Supplier Excellence Award by AT&T Inc. (NYSE:T). Cass also operates Cass Commercial Bank, established in 1906, as a wholly owned subsidiary and Federal Reserve Member Bank.

Editor's Note: Cass Information Systems, Inc. makes its headquarters at 13001 Hollenberg Dr. in Bridgeton, Mo. 63044.


    CONTACT: Cass Information Systems
             Jackie Engel, 314-506-5976
             jengel@cassinfo.com
             http://www.cassinfo.com
             or
             Casey Communications
             Kenn Entringer, 314-721-2828
             kentringer@caseycomm.com

    SOURCE: Cass Information Systems