LINCOLN, Neb., May 15, 2006 (BUSINESS WIRE) -- Information Technology, Inc. (ITI), a unit of Fiserv, Inc. (Nasdaq:FISV), announced that St. Mary's Credit Union, a $520 million financial institution headquartered in Marlborough, Mass., has chosen ITI as its new technology partner. The credit union was drawn to ITI's Premier(R) suite of software and services because of its ability to meet both their immediate and future needs.

"We were searching for a fully integrated, one-stop core solution to handle our current operational demands and yet be flexible and scalable enough to provide top quality service to our growing membership," said Tom Wellen, president and CEO of St. Mary's Credit Union. "Premier meets those requirements with an impressive menu of features and functions. Plus, we wanted to join the largest provider of integrated services by taking advantage of ITI's offerings."

Available for both in-house and outsourced environments, ITI's openly integrated Premier software offers products for virtually every function, including Internet banking, imaging and document management, executive intelligence, relationship management, branch automation and core accounting. All services are available on the industry's most popular hardware platforms.

"Since upgrades and support for our legacy core system are to be discontinued, we spent considerable time over the last year reviewing other solutions and making site visits with various providers. We concluded that ITI has the technology we need to stay ahead of the competition," said Wellen. "We're especially looking forward to offering our members new products and solutions, including e-commerce and business services."

Wellen added that after analyzing efficiencies and compatibilities, the credit union will deploy Premier on an IBM iSeries platform server.

"The ITI team is excited about the opportunity to establish an effective technology partnership with St. Mary's Credit Union," said Tom Cypher, president and CEO of ITI. "Our integrated products and services will help them enhance efficiency and add value to their members' experience."

ITI offers several core solutions, including Premier and the PCS Vision suites, as well as a broad range of supporting products and services. Founded in 1976, ITI works closely with some of the best-known technology companies in the world and has grown to incorporate businesses and offices nationwide, including its Premier, Precision Computer Systems (PCS), Branch Automation, eSolutions, Digital Solutions, Decision Metrics and Professional Services operating units. A subsidiary of Fiserv, Inc., ITI can be found on the Internet at www.itiwnet.com.

Fiserv, Inc. (Nasdaq:FISV), a Fortune 500 company, provides information management systems and services to the financial and health benefits industries. Leading services include transaction processing, outsourcing, business process outsourcing, software and systems solutions. The company serves more than 17,000 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 2005 and 2004 FinTech 100 surveys. Fiserv Health provides health plan management, pharmacy benefits management, and BPO services to the managed care market and self-funded commercial and government employers and health plans. Headquartered in Brookfield, Wis., Fiserv reported more than $4 billion in total revenue for 2005. For more information, please visit www.fiserv.com.

SOURCE: Fiserv, Inc.

Information Technology, Inc.
David E. Carden, 402-421-4211
david.carden@iti.fiserv.com
or
Fiserv, Inc.
Mike Muckian, 262-879-5667
mike.muckian@fiserv.com

Copyright Business Wire 2006

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