CSI Board Authorizes $5 Million Addition to Share Repurchase Program.

Cash Dividend Paid

PADUCAH, Ky., Jan. 6, 2011 /PRNewswire/ -- Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors, at its December meeting, authorized a $5 million increase in the Company's share repurchase program. The Company also announced that it paid a quarterly cash dividend of $0.11 per share on December 24, 2010, to shareholders of record on December 1, 2010.

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"CSI's Board of Directors approved the repurchase of an additional $5.0 million in company stock, highlighting its confidence in the future of our Company," stated President and Chief Executive Officer Steven A. Powless. "We remain very positive about the future for CSI and the opportunities to leverage our strong financial position through this stock repurchase program."

The additional authorization brings the total to $55 million since CSI's share repurchase program was initially announced in March 2004. CSI has repurchased Company shares having a purchase price of approximately $48.2 million through the end of its third fiscal quarter ended November 30, 2010. CSI then had approximately $1.8 million of availability under its previous stock repurchase authorizations before the additional authorization of $5 million in December.

The stock repurchase program will be conducted on an ongoing basis and will be subject to availability of stock, market conditions, the trading price of the stock and the Company's financial performance.

About Computer Services, Inc.

Computer Services, Inc. (CSI) delivers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, regulatory compliance and document delivery solutions to financial institutions and corporate entities across the nation. Technology planning, personal account management and world-class customer service explain why CSI is known as one of the nation's premier providers of technology solutions for the financial services industry. CSI's stock is traded on the OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.

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; and (ii) other factors discussed in CSI's Information and Disclosure Statements and other documents posted from time to time on the OTCQX website, 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. CSI undertakes no obligation to update, and is not responsible for updating, the information contained in this release beyond the publication date, whether as a result of new information or future events, or to conform the statement to actual results or changes in CSI's expectations, or otherwise or for changes made to this document by wire services or Internet services.

SOURCE Computer Services, Inc.