Union Bank of California's Small Business Resource Center Now Enabled with Smart Online's OneBiz Platform Applications for Small Business

Smart Online Inc. (PINK SHEETS: SOLN), a leading provider of Software-as-a-Service (SaaS) for the small business (SB) market, today announced Union Bank of California, N.A. has implemented its OneBiz Platform delivering small business applications to Union Bank's customers. Small business owners accessing http://uboc.smartonline.com now have access to easy-to-use, interactive business applications and tools such as Sales Force Automation (SFA), Customer Relationship Management (CRM), Human Resource Management, Business Plans, Calendar, and more allowing businesses to efficiently manage their operations.

"Smart Online private-labeled its OneBiz Platform for Union Bank so they can empower their small business customers with the ability to view and control their business activities from a single Web-based dashboard interface," said Michael Nouri, president and CEO, Smart Online Inc. "The OneBiz Platform now offers daily-use applications such as our new Sales Force Automation, Customer Relationship Management, and Human Resource Management. Because the platform is standards-based, users can easily access these applications with the assurance their information is available, secure, and maintained in real-time."

"We look for innovative and cost-effective ways to further extend the business products and services that assist our small business customers to start and operate their company," said Christy Schmitt, senior vice president, small business services, Union Bank. "By providing Smart Online's daily-use applications, we offer small business owners a destination site that provides them with applications and tools to efficiently manage their daily operations."

About Union Bank of California's Small Business Resource Center

Small businesses and entrepreneurs require a cost-effective, efficient and easy-to-use method of managing daily business operations so they can focus on decision-making and revenue generation. Union Bank's Small Business Resource Center leveraging Smart Online's OneBiz platform (http://uboc.smartonline.com) offers comprehensive, Web-native business applications to enable businesses to start and run effectively. Accessing a simple-to-use "Dashboard" provides a single view of all daily business activities. Smart Online's easy-to-use, wizard-driven applications are available for a nominal per-use fee of $10.00 per month.

Based in San Francisco, UnionBanCal Corporation (NYSE:UB) is a bank holding company with assets of $48.8 billion at March 31, 2006. Its primary subsidiary, Union Bank of California, N.A., had 321 banking offices in California, Oregon and Washington, and 18 international facilities, at March 31, 2006. The company's Web site is located at www.uboc.com.

About Smart Online, Inc.

Smart Online Inc. (SOLN), a pioneer of Web-native applications, offers a private-label syndicated online business platform that enables delivery of on-demand applications and services used to start and manage small businesses. In 1999, Smart Online converted its business applications to a Software-as-a-Service (SaaS) delivery model. Today, the company markets its Web-based business applications to customers via http://www.smartonline.com and by private-labeling its syndicated software services to Fortune 2000 corporations in the financial services, media, manufacturing and telecommunication industries. These companies OEM Smart Online's applications to their existing and new business customers to enable them to manage their businesses without the upfront cost and maintenance of traditional software.

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

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