MEPS Completes BASE24 Upgrade and Extends Relationship with ACI
(Omaha, Neb. – 21 June 2007) — ACI Worldwide (NASDAQ: TSAI), a leading international provider of software for electronic payment systems, today announced that the Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) has completed its BASE24® Release 6 upgrade and extended its partnership with ACI. MEPS has been an ACI customer for nearly ten years.
“MEPS continues to extend our business partnership with ACI due to their responsiveness, flexibility, proven solutions and superior technical support for BASE24,” said Dato’ Mohd Hata Robani, managing director at MEPS.
As the national ATM and e-Debit switch in Malaysia, MEPS required Triple DES support, as well as the ability to implement cross-border ATM services that comply with standards adopted by the switching network operators and e-Debit acquiring. BASE24 Release 6 will enable MEPS to support all of these functions while reducing its transaction processing costs.
“Upgrading to BASE24 Release 6 provides MEPS with the foundation for an enterprise services architecture,” said Jeremy Wilmot, president Asia Pacific at ACI. “This will allow MEPS to extend its service offerings quickly and efficiently, ensuring its ability to remain competitive.”
About ACI Worldwide
Every second of every day, ACI solutions are at work processing electronic payments, managing risk, automating back office systems and providing application infrastructure services. Founded in 1975, ACI is a leading international provider of solutions for retail banking, wholesale banking and cross-industry systems. ACI serves more than 800 customers in 84 countries including many of the world's largest financial institutions, retailers and payment processors. Visit ACI Worldwide on the Internet at www.aciworldwide.com.
About Malaysian Electronic Payment System (1997) Sdn Bhd
Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) is a corporation wholly owned by the local financial institutions. MEPS provides shared banking services for ATM Network, inter-bank GIRO, Financial Process Exchange (FPX) and electronic cash payments such as e-Debit. MEPS has established partnership with switching networks in the ASEAN countries, in particular Indonesia, Singapore and Thailand, to provide bilateral financial services such as funds transfer and cash withdrawal. In supporting its stakeholders, MEPS is committed to drive economic growth via electronic payment systems.
Any statements in this press release regarding projected results are preliminary and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, this press release may contain other forward-looking statements including statements regarding Transaction Systems Architects, Inc.’s (“TSA”), its subsidiaries or third parties’ expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect. The forward-looking statements in this press release are subject to a variety of risks and uncertainties. Actual results could differ materially.
For a detailed discussion of these and other risk factors, interested parties should review the Company's filings with the Securities and Exchange Commission, including the Company’s Form 10-K filed on May 11, 2007.
