S1 Corporate Banking is Selected by Zions Bancorporation
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Zions Family of Banks Chooses S1 Corporate Banking to Deliver Best-of-Class Online Treasury Management Solution NORCROSS, Ga., May 27, 2009 /PRNewswire-FirstCall/ -- S1 Enterprise, a division of S1 Corporation (Nasdaq: SONE) and a leading global provider of multichannel financial services software, today announced that Zions Bancorporation will deploy S1 Corporate Banking to deliver a single feature-rich online solution to its corporate banking customers. Zions selected S1 for its innovative product functionality, leading edge technology, and premier customer service. Zions' goal is to exceed its treasury management clients' expectations with a new online experience, focusing on the system's ease-of-use and depth of functionality. Zions' new solution will offer users more flexibility and provide the ability to customize the user experience. The system provides numerous payment options for high and low value payments. Additionally, the offering will include comprehensive security and risk management features. "The synergy we felt with S1 was important. We wanted to partner with a software provider who demonstrates an innovative spirit as well as proven implementation success," said Debra J. Innes, EVP/Manager, Corporate Treasury Management of Zions Bancorporation. "In addition, S1's collaborative product development approach was a key criterion. We feel the S1 Corporate Banking team demonstrates market and implementation responsiveness critical for us to offer a compelling solution to our corporate clients across all of Zions Bancorporation's affiliate banks." "We have extensive experience implementing sophisticated solutions with the innovative functionality large banks are seeking," said Fred Dumas, General Manager, S1 Treasury Online Group. "Zions and S1 have a long, successful relationship in the consumer, small business, and branch space. We are excited that Zions has selected S1 Corporate Banking to serve as an integral part of its online strategy for corporate customers and look forward to extending our partnership." S1 has twenty years of experience providing cash management solutions to the world's largest banks. S1 Corporate Banking provides an integrated global payments framework supporting diverse domestic and international payments, including wire transfers, account transfers, ACH and localized payments for over twenty countries. In addition to comprehensive payment services, S1 Corporate Banking offers a rich, highly flexible user-interface, extensive security and entitlement features like multi-factor authentication, bulk file transfers, check services, and complete information reporting supporting cash position management. 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. About Zions Bancorporation Zions Bancorporation is one of the nation's premier financial services companies, consisting of a collection of great banks in select high growth markets. Zions operates its banking businesses under local management teams and community identities through approximately 500 offices in 10 Western and Southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. The company is a national leader in Small Business Administration lending and public finance advisory services. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to subsidiary banks can be accessed at www.zionsbancorporation.com. 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 Missy Rose of S1 Enterprise, +1-704-423-2504, missy.rose@s1.com; or Jorge Lavina of Cooper Katz & Co., Inc., +1-917-595-3047 or +1-917-386-4213, jlavina@cooperkatz.com
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