CSI Declares Cash Dividend [November 19, 2004]

PADUCAH, Ky., Nov 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- Computer Services, Inc. (OTC Pink Sheets: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.09 per share. This represents an indicated annual dividend rate of $0.36 per share. The cash dividend is payable on December 27, 2004, to shareholders of record as of the close of business on December 1, 2004.

The cash dividend amount is adjusted to reflect a two-for-one stock split paid in October 2004. The post-split dividend of $0.09 per share represents a 28.6% increase over the quarterly dividend of $0.07 per share (adjusted for the stock split) paid in December 2003.

"Our dividend program is an important part in building long-term value for CSI shareholders," stated Steven A. Powless, President and CEO of CSI. "Our Board of Directors has increased CSI's cash dividend in each of the past 16 years. We believe the recent increase in our cash dividend and the two-for- one stock split highlight our continued growth and our positive outlook for CSI's future."

About Computer Services, Inc.

Computer Services, Inc. (CSI), provides service and software solutions for community banks. In addition to core processing, our integrated banking solutions include imaging, cash management, Internet banking, corporate intranets, secure web hosting, e-messaging, online shopping, teller and platform services, ATM and debit card service and support, risk assessment, network management, and compliance software and services for regulatory compliance, homeland security and fraud prevention. Over 2000 financial institutions are served with CSI's products and services. For more information, visit the company's web site at http://www.csiweb.com .

SOURCE Computer Services, Inc.