BROOKFIELD, Wis., Sep 28, 2010 (BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ:FISV), the leading global provider of financial services technology solutions, announced today that, as of 5:00 p.m., New York City time, on Monday, September 27, 2010 (the "Early Tender Date"), $553,865,000 aggregate principal amount of notes have been validly tendered and not validly withdrawn in connection with its previously announced cash tender offer (the "Offer") to purchase up to $250,000,000 aggregate principal amount (the "Tender Cap") of its outstanding 6.125% senior notes due 2012 (the "Notes") (CUSIP No. 337738AF5 and ISIN No. US337738AF57).

Holders who validly tendered their Notes by the Early Tender Date will receive $1,100.00, payable in cash, for each $1,000 principal amount of Notes accepted for payment, which amount includes an early tender payment of $30.00 per $1,000 of Notes accepted for payment.

Holders who validly tender their Notes after the Early Tender Date and prior to the Expiration Date (as defined below) will receive $1,070.00, payable in cash, for each $1,000 principal amount of Notes accepted for payment.

Because the aggregate principal amount of Notes validly tendered at or prior to the Early Tender Date and not validly withdrawn pursuant to the Offer exceeds the Tender Cap, if we accept Notes for purchase pursuant to the Offer, we will accept such Notes on a pro rata basis (with adjustments downward to avoid the purchase of Notes in a principal amount other than in integral multiples of $1,000).

The Offer is scheduled to expire at 11:59 p.m., New York City time, on Tuesday, October 12, 2010, unless extended (the "Expiration Date").

In addition to the consideration described above, accrued and unpaid interest up to, but not including, the settlement date will be paid in cash on all validly tendered and accepted Notes. The settlement date is expected to be on or about October 13, 2010.

Fiserv may amend, extend or, subject to certain conditions, terminate the Offer. The Offer to Purchase dated September 14, 2010 and the related Letter of Transmittal set forth a complete description of the terms and conditions of the Offer. Holders are urged to read the Offer to Purchase and Letter of Transmittal carefully before making any decision with respect to the Offer. The Offer to Purchase and related Letter of Transmittal were distributed to holders beginning September 14, 2010.

BofA Merrill Lynch and Citi are serving as the dealer managers for the Offer. Questions about the Offer should be directed to BofA Merrill Lynch, toll-free at (888) 292-0070 or (980) 388-9217 (collect), attention: Debt Advisory Services, or to Citi, toll-free at (800) 558-3745 or (212) 723-6106 (collect), attention: Liability Management Group. The information agent for the Offer is Global Bondholder Services Corporation. Requests for additional sets of the Offer materials may be directed to Global Bondholder Services Corporation, by calling toll-free at (866) 387-1500 or (212) 430-3774 (collect) for banks and brokers.

This press release is not an offer to purchase or a solicitation for consent in any state or jurisdiction in which such offer or solicitation would be unlawful prior to registration or qualification under the securities law of any such state or other jurisdiction. The Offer is only made pursuant to the terms of the Offer to Purchase dated September 14, 2010.

About Fiserv

Fiserv, Inc. (NASDAQ:FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.

Forward-Looking Statements

This press release contains forward-looking statements. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "could," "should" or words of similar meaning. Statements that describe the company's future plans, objectives or goals are also forward-looking statements. Forward-looking statements are subject to assumptions, risks and uncertainties that may cause actual results to differ materially from those contemplated by such forward-looking statements. The factors that may affect the company's results include, among others: the impact on the company's business of the current state of the economy, including the risk of reduction in revenue resulting from decreased spending on the products and services that the company offers or from the elimination of existing or potential clients due to consolidation or financial failures in the financial services industry; legislative actions in the United States, including the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act and related regulations, and internationally; changes in client demand for the company's products or services; pricing or other actions by competitors; the impact of the company's Fiserv 2.0 initiatives; the company's ability to comply with government regulations, including privacy regulations; and other factors included in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2010 and in other documents that the Company files with the SEC. You should consider these factors carefully in evaluating forward-looking statements, and are cautioned not to place undue reliance on such statements. The company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

(FISV-E)

SOURCE: Fiserv, Inc.

Media Relations:
Fiserv, Inc.
Judy DeRango Wicks, 678-375-1595
Vice President Communications
judy.wicks@fiserv.com
or
Investor Relations:
Fiserv, Inc.
Peter Holbrook, 262-879-5055
Vice President Investor Relations
peter.holbrook@fiserv.com

Copyright Business Wire 2010