BROOKFIELD, Wis., Sep 21, 2007 (BUSINESS WIRE) --

Fiserv, Inc. (NASDAQ: FISV), a leading provider of technology solutions, announced today it has acquired WorkingRx, Inc., a private company that offers products and services to help pharmacies nationwide reduce the administrative time spent on workers' compensation claims processing. This acquisition in the Insurance Group will complement Fiserv's Workers Comp Division which already includes, Third Party Solutions (TPS), DirectCompRx, and P2P Link. Terms of the agreement were not disclosed.

Joseph Hensley, president, Fiserv Workers' Comp Division said, "This is an exciting opportunity to expand our transaction processing solutions for pharmacies. We look forward to serving WorkingRx's pharmacy clients with continued high quality service and an expanded set of technology and process solutions."

For WorkingRx, founded in 2002, this acquisition is a chance to offer its clients an even better value proposition. "Some of our processing is currently outsourced. Fiserv's capabilities will allow our customers to use the Fiserv platform and on-line transaction processing solutions, which can be customized for their individual needs," said Lori Daugherty, WorkingRx president and chief executive officer.

The majority of WorkingRx's employees are based in Salt Lake City, where Fiserv intends to maintain an office.

"The acquisition of WorkingRx is consistent with our continued expansion of the value we bring to pharmacies, payers and employers as we integrate the electronic delivery capabilities of our P2P Link unit and the network management capabilities of our DirectCompRx unit. The integration of these capabilities will improve the efficiency and effectiveness of workers compensation pharmacy processing" explained Hensley.

About WorkingRx, Inc.

Based in Salt Lake City, Utah, WorkingRx, Inc. offers products and services to take the "Work" out of Workers' Compensation Pharmacy Claim Processing. The company helps pharmacies reduce the administrative time spent on Work Comp claims and improve their customer service efficiency and reduce their back office processing. The solutions give pharmacists the tools they need to offer unparalleled service to their customers, efficiently process claims, and capture new business. By offering both indemnity and non-indemnity programs, WorkingRx provides the flexibility necessary to fit the needs of both independent and chain pharmacies.

About Fiserv, Inc.

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing (BPO), software and systems solutions. The company serves more than 18,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. Headquartered in Brookfield, Wis., Fiserv reported more than $4.4 billion in total revenue for 2006. For more information, please visit www.fiserv.com.

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SOURCE: Fiserv, Inc.

Fiserv, Inc.
Media contact:
Lori Stafford
Assistant V.P. Communications
262-879-5130
Lori.stafford@fiserv.com
or
Investor Contact:
David Banks
V.P. Investor Relations
(262) 879-5055
david.banks@fiserv.com
or
Mark Heinemeyer
Chief Marketing Officer/ Workers Comp. Division
469-417-7722
Mark.heinemeyer@fiserv.com

Copyright Business Wire 2007

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