Fiserv Management Team to Open NASDAQ Stock Market on Wednesday, Oct. 12
Fiserv Management Team to Open NASDAQ Stock Market on Wednesday, Oct. 12
October 11, 2005
Fiserv Management Team to Open NASDAQ Stock Market on Wednesday, Oct. 12BROOKFIELD, Wis.--Oct. 11, 2005--Fiserv, Inc. (Nasdaq:FISV) will celebrate nearly two decades of double-digit growth as a public company when Fiserv's management team opens the NASDAQ stock market on Wednesday, Oct. 12, at the NASDAQ MarketSite in New York's Times Square.
Fiserv President and CEO Les Muma and COO Norm Balthasar will be joined at the event by the remainder of Fiserv's Management Committee - a 16-member panel that helps to shape Fiserv's corporate direction.
Muma said the event celebrates the contributions of Fiserv's more than 22,000 employees to the company's track record of double-digit growth in revenue, earnings and stock price since first offering stock to the public in 1986.
"We say many times at Fiserv that people make the difference," Muma said. "It's a common-sense philosophy that means quality people help to produce an outstanding company. Technology doesn't make us better than the competition. People do. It's a concept that we believe has worked exceptionally well at Fiserv since our founding more than 21 years ago. Our people are the reason for our strong record of growth."
Balthasar noted that Fiserv was a $70 million regional processor of banks and savings institutions when the company first listed its stock on the NASDAQ market. Fiserv now is a $3.4 billion global corporation with a client base that includes more than 16,000 financial services providers and employers. "We are both proud and humbled as a management team to have this opportunity," Balthasar said.
Fiserv, Inc. (Nasdaq:FISV) provides information management systems and services to the financial and health benefits industries, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 16,000 clients worldwide, including banks, credit unions, financial planners/investment advisers, insurance companies and agents, self-insured employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported $3.4 billion in processing and services revenues for 2004. Fiserv was ranked the largest provider of information technology services to the U.S. financial services industry in the 2004 FinTech 100 survey by the American Banker newspaper and the Financial Insights research firm. Fiserv can be found on the Internet at www.fiserv.com.
Note to editors: Photos and video feeds are available. Please contact Mike Muckian at (262) 879-5667.
Fiserv President and CEO Les Muma and COO Norm Balthasar will be joined at the event by the remainder of Fiserv's Management Committee - a 16-member panel that helps to shape Fiserv's corporate direction.
Muma said the event celebrates the contributions of Fiserv's more than 22,000 employees to the company's track record of double-digit growth in revenue, earnings and stock price since first offering stock to the public in 1986.
"We say many times at Fiserv that people make the difference," Muma said. "It's a common-sense philosophy that means quality people help to produce an outstanding company. Technology doesn't make us better than the competition. People do. It's a concept that we believe has worked exceptionally well at Fiserv since our founding more than 21 years ago. Our people are the reason for our strong record of growth."
Balthasar noted that Fiserv was a $70 million regional processor of banks and savings institutions when the company first listed its stock on the NASDAQ market. Fiserv now is a $3.4 billion global corporation with a client base that includes more than 16,000 financial services providers and employers. "We are both proud and humbled as a management team to have this opportunity," Balthasar said.
Fiserv, Inc. (Nasdaq:FISV) provides information management systems and services to the financial and health benefits industries, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 16,000 clients worldwide, including banks, credit unions, financial planners/investment advisers, insurance companies and agents, self-insured employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported $3.4 billion in processing and services revenues for 2004. Fiserv was ranked the largest provider of information technology services to the U.S. financial services industry in the 2004 FinTech 100 survey by the American Banker newspaper and the Financial Insights research firm. Fiserv can be found on the Internet at www.fiserv.com.
Note to editors: Photos and video feeds are available. Please contact Mike Muckian at (262) 879-5667.