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Cardtronics Expands Use of ATM Channel Management Solution Provided By Jack Henry Subsidiary

Posted on: Tuesday, 23 August 2005, 09:00 CDT

MONETT, Mo., Aug. 23 /PRNewswire-FirstCall/ -- Jack Henry & Associates, Inc. , a leading provider of integrated computer systems and ATM/debit card/ACH transaction processing, today announced that Texas-based Cardtronics, LP will implement additional modules of the ATM channel management solution developed by its e-ClassicSystems subsidiary. e-ClassicSystems' ATM Manager Pro(R) supports every aspect of ATM channel management by consolidating ATM-related information into a centralized database, and providing the analytical and reporting tools required to manage all daily operations and improve channel strategies.

Cardtronics, the world's largest owner/operator of ATMs, has used ATM Manager Pro to manage its network that has grown to more than 25,000 ATMs in an automated, centralized environment since 2000. Before contracting for additional ATM Manager Pro modules, Cardtronics thoroughly investigated alternative ATM channel management and cash management solutions, and concluded that the best and most complete solution for its tactical and strategic requirements continues to be ATM Manager Pro.

The additional modules that Cardtronics will implement are the Advanced Cash Management, Interchange Fee Calculations, and Branding Program Analysis modules.

In addition to the robust functionality provided by ATM Manager Pro, Cardtronics will deploy an executive dashboard developed by Tangent Analytics, another recently acquired subsidiary of Jack Henry & Associates. Tangent Analytics develops sophisticated data consolidation, reporting, and analysis systems; and Web-based dashboards that provide desktop access to user-defined decision-support information, performance metrics and analysis tools. Cardtronics will initially implement an analytic dashboard to monitor and track its ATM transaction activity.

According to Mike Clinard, COO of Cardtronics, "We are excited about the ability to expand our use of ATM Manager Pro, and about the resulting operational and cost benefits we expect to realize. Our daily operations inherently create a very demanding environment with high transaction volumes and a large number of concurrent users. We are convinced that ATM Manager Pro will efficiently support our growing number of branding programs, financial institution alliances and surcharge-free programs. The new capabilities to independently calculate interchange fees and revenue owed to Cardtronics from all authorized networks, to optimize cash utilization rates and replenishment schedules, and to reduce the cost of funds while ensuring each terminal has enough cash to support customer usage are additional benefits that will enhance our business. The dashboard provided by e-Classic's sister company also will enable seamless and extremely convenient performance tracking."

Kevin Williams, CFO of Jack Henry & Associates, said, "It is rewarding that the largest deployer of ATMs in the world, who has real-world experience with the benefits generated by ATM Manager Pro, took an objective look at the systems available today and concluded that our solution is still the best solution for their ATM channel management by far. We believe the unprecedented automation, centralized information, and extensive analytical and reporting tools provided by ATM Manager Pro will continue to generate opportunities for Cardtronics to reduce operating costs, and improve operational efficiencies and controls across its multiple business units and functions."

According to Jack Prim, CEO of Jack Henry & Associates, "Our focused diversification acquisition strategy is adding best-of-breed solutions to our product and service mix that enable us to earn and retain non-traditional clients -- like Cardtronics -- since we now have technology offerings that extend beyond banks and credit unions. The ATM channel management solution provided by e-ClassicSystems and the business intelligence platform provided by Tangent Analytics demonstrate our unique ability to leverage the core competencies of select acquired companies to deliver competitively distinct, fully integrated business solutions. We expect the ability to selectively bundle the products and services offered by these companies will enable use to attract significant new clients in our traditional and non-traditional markets, and generate ongoing cross sales."

About Cardtronics

Headquarted in Houston, Texas, Cardtronics is the world's largest owner/operator of ATMs with a nationwide U.S. network of more than 25,000 locations operating in every major market in all 50 states, as well as in 1,000 locations throughout the United Kingdom. Major merchant-clients include A&P, Albertson's, Amerada Hess, Barnes & Noble College Bookstores, BP Amoco, Chevron, Costco, CVS Pharmacy, ExxonMobil, Duane Reade, Rite Aid, SSP/Circle K, Sunoco, Target and Walgreens. Cardtronics also works closely with financial institutions across the U.S. to place a bank's or financial institution's brand on ATMs in existing major merchant locations to provide convenient access for the financial institution's customers as well as to preserve and/or expand their markets. For more information about Cardtronics, visit http://www.cardtronics.com/ .

About Tangent Analytics

Tangent Analytics, a wholly owned subsidiary of Jack Henry & Associates, Inc. , provides a fully integrated, Web-based business intelligence framework called BI Navigator(R), which integrates enterprise- wide systems with other information sources to deliver the intelligence organizations need to make better decisions faster. In addition to the BI Navigator product, Tangent offers three tailored application solutions in the areas of sales analytics, manufacturing operations analytics and financial analytics. The Tangent delivery team works with its clients to deploy BI Navigator or a tailored application solution, provide expert training in the use of BI Navigator, and to develop custom applications and framework additions to meet clients' unique business requirements.

About e-ClassicSystems

e-ClassicSystems provides a suite of integrated software systems that enable banks, thrifts, credit unions and ATM fleet owners to proactively manage their ATM networks in a fully automated, centralized environment. This first-of-its-kind solution, which is used by many of the largest ATM fleet owners worldwide, supports every aspect of ATM channel management including asset and site management, financial analysis, cash management and event management. ATM Manager Pro is a modular system that consolidates all ATM- related information into a centralized database, and provides the innovative analytical tools required to continually evaluate network performance and improve channel strategies. The easy-to-use system also identifies specific opportunities to increase revenue, reduce operating costs, and improve operational efficiency and controls.

About Jack Henry & Associates

Jack Henry & Associates, Inc. is a leading provider of integrated computer systems and processor of ATM/debit card/ACH transactions for banks and credit unions. Jack Henry markets and supports its systems throughout the United States, and has approximately 7,000 customers nationwide. For additional information on Jack Henry, visit the company's Web site at http://www.jackhenry.com/ .

Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.

Jack Henry & Associates, Inc.

CONTACT: Analyst Contact, Kevin D. Williams, Chief Financial Officer, orIR Contact, Jon Seegert, Director of Investor Relations, both of Jack Henry &Associates, Inc., +1-417-235-6652; or Westley C. Horton, Vice President,Marketing of Cardtronics, LP, +1-281-596-9988, ext. 1120

Web site: http://www.jackhenry.com/http://www.cardtronics.com/

Source: PRNewswire-FirstCall

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