JACKSONVILLE, Fla., May 2 /PRNewswire-FirstCall/
-- Fidelity National Information Services, Inc. (NYSE: FIS
- News) announced today it has acquired Marketing Solutions,
Inc. (MSI), one of the fastest-growing providers of customer
relationship management (CRM) and profitability offerings
to community financial institutions.
MSI develops highly intuitive, Web-based technology products
that enable community financial institutions to tailor
offerings, cross-sell products and maximize client relationships.
Through accurate analysis and automated functionality,
MSI offers financial institutions a valuable resource
to sharpen their competitive edge. In addition, MSI offers
financial institutions the unique opportunity to provide
personalized direct mail to clients, using outsourced
marketing options.
As a result of the acquisition, MSI's CRM capabilities,
profitability solutions and relationship pricing structure
will be integrated with other FIS solutions, providing
a tightly integrated system that will assist financial
institutions in maximizing net interest margins while
achieving strategic goals.
"We have partnered with MSI in the past and share
a number of highly satisfied clients," said Gary
Norcross, president of the Integrated Financial Solutions
division of FIS. "This acquisition expands our core
capabilities, which will help our customers become increasingly
more profitable by enabling them to make more informed
decisions."
"With FIS' momentum in the marketplace, it is an
exciting time for us to join the team," said Neal
Packard, chief executive officer of MSI. "We believe
that the MSI technology will further enhance the differentiating
qualities of FIS' solid core systems."
As part of the agreement, MSI's executive team, lead
by Neal Packard, will join FIS.
About Marketing Solutions, Inc.
Marketing Solutions, Inc. (MSI) began meeting demands
for affordable, Web- based and completely outsourced solutions
among community financial institutions in 2000. From its
center of operations in Birmingham, Ala., the company
quickly became and continues to be the fastest-growing
provider of customer relationship management (CRM) solutions
for community financial organizations. MSI has more than
150 national clients.
About Fidelity National Information Services
Fidelity National Information Services, Inc. (NYSE: FIS
- News) is a leading provider of core processing for financial
institutions; card issuer and transaction processing services;
mortgage loan processing and mortgage-related information
products; and outsourcing services to financial institutions,
retailers, mortgage lenders and real estate professionals.
FIS has processing and technology relationships with 35
of the top 50 global banks, including nine of the top
10. Approximately 50 percent of all U.S. residential mortgages
are processed using FIS software. FIS is a member of Standard
and Poor's (S&P) 500® Index and has been ranked
the number one banking service provider in the world by
American Banker and the research firm Financial Insights
and the number two overall financial technology provider
in the annual FinTech 100 rankings. Headquartered in Jacksonville,
Fla., FIS maintains a strong global presence, serving
more than 7,800 financial institutions in more than 60
countries worldwide. For more information on Fidelity
National Information Services, please visit www.fidelityinfoservices.com.
This press release contains forward-looking statements
that involve a number of risks and uncertainties. Statements
that are not historical facts, including statements about
our beliefs and expectations, are forward-looking statements.
Forward-looking statements are based on management's beliefs,
as well as assumptions made by, and information currently
available to, management. Because such statements are
based on expectations as to future economic performance
and are not statements of fact, actual results may differ
materially from those projected. We undertake no obligation
to update any forward-looking statements, whether as a
result of new information, future events or otherwise.
The risks and uncertainties which forward-looking statements
are subject to include, but are not limited to: changes
in general economic, business and political conditions
and other risks detailed in the "Statement Regarding
Forward-Looking Information," "Risk Factors"
and other sections of the Company's Form 10-K and other
filings with the Securities and Exchange Commission.
Source: Fidelity National Information Services, Inc.