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S1 Enterprise Launches S1red Social Networking and Community Site for Its Customer Base

Posted on: Monday, 30 March 2009, 08:00 CDT

New Site Leverages Social Networking Tools and 'Tone' to Deliver Rich Development Content, Foster Open Interaction and Provide Value-Added Services to Customers

NORCROSS, Ga., March 30 /PRNewswire-FirstCall/ -- S1 Enterprise, a division of S1 Corporation (Nasdaq: SONE) and a leading global provider of multi-channel financial services software, today announced the launch of S1red (your Resource for Enterprise Development) - a social networking community where customers of S1 Enterprise and its own product developers, experts and business unit leaders can exchange insights, solve problems and share ideas. Focused on delivering developer tools and guides, product documentation, platforms for conversation, and other rich content, S1red is the only customer-facing site with an emphasis on rich development content among providers of front-office banking and payments technology.

"The development of S1red reflects our singular strategic focus on customer intimacy and in turn, allows our customers to forge closer ties with their own consumer and business audiences," said Jan Kruger, president of S1 Enterprise. "By utilizing both the tools and the open tone of a social networking platform, we are offering our customers unprecedented levels of transparency relative to our products, processes and thinking. Our goal in launching S1red is to build a community around open access to our software tools and development content, while fostering communications with our customers."

Unlike a number of online communities created by businesses for customers, S1red was conceived and created by the developers and engineers of S1 solutions rather than a marketing organization -- providing clients with a direct line of contact to the individuals behind the technology. Once registered and logged-in, customers can access the latest news and information about S1 Enterprise products, its people, and business units, as well as review product-oriented articles and documentation. They can even access software development kits (SDKs) and instructions on how to build value-added extensions onto their S1 software.

Customer users of S1red -- who will range from those that implement technology within financial institutions to line-of-business leaders and executives -- can also interact with each other and members of the S1 team through forum discussions and blogs written by members of the community. The existing S1 Enterprise Product Advisory Council and Customer Advisory Board will play a key role in S1red, helping to drive product roadmaps as well as generate topics for discussion via forum threads and blog posts / comments.

Some of the value-added site features focused on content, communication and collaboration include:

• How-Tos: Provides an index of SDK "how-tos," including procedures for performing various development, implementation and customization tasks (examples: How to Add a New Payment Type to the Disbursement Framework or How to Add a Field to a Screen).
• Blogs: Provides a platform for various members of S1red (including both S1 employees and customers) to post insights and comments on a range of topics of interest to the community.
• Downloads: Allows users to download tools, such as the Workflow Composer and Adapter Toolkit, as well as sample code and code tips submitted by colleagues.
• Comments/Questions: Offers users the ability to share issues, suggestions, questions and wisdom with S1 and its community of technology and services partners.
• Moderated Forums: Offers users a place to discuss general topics as well as any issue related to products and implementation, ask questions and share knowledge in an interactive, open discourse.
• Subscriptions: Enables subscriptions to content at the page, topic, thread or tag level, so users can be notified of new content of interest via email.

"Not only is S1 Enterprise distinguishing itself from its competitors with the development of S1red, it is deepening relationships with its banking customers," said Joe Gibbs, senior vice president of eBusiness Services, Trustmark National Bank. "By embracing the technologies and open approach typified by Web 2.0, the company is providing a platform for customers to communicate, collaborate and most importantly, accelerate the transfer of knowledge. This is critical to our financial institution."

About S1 Enterprise

More than 100 banks and three million consumer, small business, and corporate users worldwide rely on S1 Enterprise solutions to access and manage their financial information. A division of S1 Corporation (Nasdaq: SONE), S1 Enterprise is a leading global provider of integrated banking solutions that deliver financial service providers a holistic view of their customers whether online, in the branch or in the call center. Additional information about S1 Enterprise is available at www.s1enterprise.com.

About S1 Corporation

S1 Corporation (Nasdaq: SONE) delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at www.s1.com, www.postilion.com, www.s1enterprise.com and www.fsb-solutions.com.

S1red is a trademark of S1 Corporation.

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at www.s1.com or the SEC's web site at www.sec.gov) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.

SOURCE S1 Corporation

Source: PR Newswire

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