A D S Financial Services Solutions Announces Partnership with ACI Worldwide.Business/Technology Editors QUINCY, Mass.--(BUSINESS WIRE)--June 11, 2001 A D S Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Solutions(TM) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADSC ADSC Adobe Document Structuring Conventions ADSC Active Duty Service Commitment ADSC Address Status Changed ADSC Army Development and Selection Centre (UK MoD) ADSC Automatic Data Service Center ), an IT strategy consulting and systems integration firm exclusively serving the financial services industry, today announced that it has entered into a partnership with ACI ACI American Concrete Institute ACI Arch Coal Inc ACI Airports Council International (formerly Airport Associations Coordinating Council) ACI Automobile Club d'Italia ACI American Competitiveness Initiative Worldwide Inc. of Omaha, Neb., to assist the enterprise e-payment solutions provider with migrating their VAX (Virtual Address eXtension) A venerable family of 32-bit computers from HP (via Digital and Compaq) introduced in 1977 with the VAX-11/780. VAX models ranged from desktop units to mainframes all running the same VMS operating system, and VAXes could emulate PDP models based Money Transfer Systems (MTS (1) See Microsoft Transaction Server. (2) (Modular TV System) The stereo channel added to the NTSC standard, which includes the SAP audio channel for special use. 1. MTS - Message Transport System. 2. ) clients to the RS6000 open-systems platform. "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a partner that understands the needs of our clients and the complexities associated with these kinds of migration projects," said Michael Carter, ACI vice president, corporate development. "ADS is widely known in the financial services industry, having performed hundreds of successful conversions, consolidations and migrations for these companies. Our partnership will give ACI access to ADS' extensive industry and technical expertise." "This agreement takes our long standing relationship with ACI to the next level," added Peter Cahill, executive vice president of business development for ADS. "We are very excited about the opportunity to work with ACI, a world leader of money transfer system software, as they migrate their customers to their new more robust RS6000 platform and to provide ACI and their customers with a complete suite of IT services over a long period." This partnership allows ACI to make the delivery process seamless to the client and meet their expected resource demands without having to hire additional full-time employees. Partnering with an experienced service provider with a track record of solving banks' IT-related problems also helps ACI reduce the risk associated with its shift to a new technology platform. About A D S Financial Services Solutions A D S Financial Services Solutions is a trademark of Atlantic Data Services, Inc., a Quincy, Mass.-based IT strategy consulting and systems integration firm exclusively serving the needs of the financial services industry. ADS offers rapid, cost effective IT solutions to the business challenges faced by financial services companies through its in-depth financial services experience, technological expertise and project management skills. The Company's service offerings are organized around four areas: e-Business, Customer Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), IT Strategy and Consulting, and Conversions and Consolidations. For additional information about ADS, please visit our website at www.adsfs.com. About ACI Worldwide ACI Worldwide helps the world move money. Financial institutions, retailers and payment processors rely on ACI solutions to manage payments and information. As a leading international provider of payment solutions, ACI maintains operations in the Americas, Europe/Middle East/Africa and Asia/Pacific. More than 2,400 customers in 78 countries use ACI distributed solutions. Visit ACI Worldwide on the Internet at www.aciworldwide.com This press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , which are made pursuant to the safe-harbor of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. You can identify these forward-looking statements when you see us using words such as "expect," "anticipate," "should give," "can provide," "to provide," "believe," "intend," "may," "predict," and other similar expressions. These forward-looking statements cover, among other items, the statement on providing customers with a complete suite of IT services. Any forward-looking statements are not guarantees of future performance and are necessarily subject to a number of risks and uncertainties, some of which are beyond our control. Actual results could differ materially from those anticipated and the forward-looking events discussed in this press release might not transpire. |
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