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ACI Worldwide Corporate Banking Unit Launches New Name; Unit is Now IntraNet, Inc.


Business Editors & Technology Writers

OMAHA Omaha, city, United States
Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857.
, Neb.--(BUSINESS WIRE)--Oct. 1, 2001

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 (Nasdaq:TSAI TSAI Transaction Systems Architects Inc ), a leading international provider of enterprise electronic payment solutions, announces that its corporate banking business unit is changing its name to IntraNet, Inc.--the name it was known by before its acquisition by ACI's parent company in 1998. IntraNet will roll out its new name and logo at the SWIFT SIBOS SIBOS Swift International Banking Operations Seminar  trade show in Singapore, October 15-19.

"We're adopting a new identity to establish a distinct brand and focus for our wholesale banking solutions," said Dennis Jorgensen, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of IntraNet. "Nothing else has changed. We are the same company, the same management, and have the same ownership. Our infrastructure remains the same. We will continue to provide the quality service that our customers have always known, but with increased vigor and excitement.

"IntraNet will focus on the wholesale banking market with the support of TSA--our parent organization--and a continuing partnership with ACI Worldwide--our sister company."

Over the past 25 years, IntraNet has become the market-dominant provider of high-value payment systems to the largest financial institutions in the U.S. In recent years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 company has used its expertise and its relationships with major international banks and other companies--especially IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  and Compaq--to extend its franchise into the international arena, particularly in Europe, the Middle East and Africa Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes. It is particularly common amongst North American based companies, who often divide their international operations into the . IntraNet's solutions have expanded from processing systems for high-value payments to software that accommodates bulk/ACH payments, global messaging, Continuous Linked Settlement Continuous Linked Settlement (CLS Group Holdings AG and subsidiary companies) was created in September 2002 by a number of the world's largest banks, for the purpose of settling foreign exchange flows amongst themselves (and their customers and other third-parties).  (CLS (Common Language Specification) The structure and syntax of .NET and CLI programming languages. See .NET. (TM)) and integrated payments.

IntraNet's product strategies will continue to focus on the use of componentisation, object-oriented architecture, portable design methodologies, rich graphical user interfaces, and the integration of open languages and e-business tools including Java, XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
, WebSphere and DB2. IntraNet's electronic payments solutions embrace proven technologies from IBM including IBM Framework for e-business, a roadmap for integrating Internet technologies with traditional information technologies.

IntraNet will continue to offer solutions that give its customers the ability to react quickly to changes in the payments and messaging environments, reduce cost structures, increase service levels and take on more business. These solutions are particularly suited to the integration of complex, mission-critical systems.

"Recent licensing agreements with international banks such as Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank  and Mizuho Financial Group Mizuho Financial Group, Inc. (株式会社みずほフィナンシャルグループ , and a new contract with a top European international bank, demonstrate that our products continue to gain respect and awareness," Jorgensen added. "These customers need global systems that are capable of expanding as their business grows across many countries.

"We have been particularly successful in Europe recently because our research and development work is bearing fruit and underpinning our active sales campaign Noun 1. sales campaign - an advertising campaign intended to promote sales
ad blitz, ad campaign, advertising campaign - an organized program of advertisements

sales campaign ncampaƱa de venta 
. We have some solid expertise and experience in our niche markets and are building excellent reference sites. We have concentrated over the past months on strengthening our products, enhancing them for the future and for our customers' future."

About IntraNet, Inc.

IntraNet, Inc. is the industry leader in international payments and messaging processing solutions for financial institutions. IntraNet's PaymentWare(TM) suite of software products provides maximum performance and dependability in highly complex and real-time wholesale financial environments, including large value and bulk file payments processing. Some of the world's largest financial institutions use IntraNet software to move money, settle multiple currencies, and streamline back office operations. The success of IntraNet's solutions reflects 25 years of real-time and accounting experience in developing and delivering business-critical banking systems. IntraNet solutions are installed in over 100 financial institutions around the world. They operate on a variety of hardware platforms including IBM's eServer pSeries and Compaq NonStop Himalaya. IntraNet is a Premier Business Partner in IBM's PartnerWorld for Developers program and has an on-going Strategic Alliance agreement with IBM. IntraNet is a division of TSA TSA

See tax-sheltered annuity (TSA).
 (Nasdaq:TSAI). Visit IntraNet at www.intranet.com.

IBM, WebSphere, DB2, pSeries, eServer and PartnerWorld are all trademarks or registered trademarks of International Business Machines Corporation in the United States and other countries. The IBM eServer brand consists of the established IBM e-business logo with the descriptive term "server" following it.

Any statements in this press release regarding projected results are preliminary and "forward-looking statements" within the meaning 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. In addition, this press release may contain other forward-looking statements including statements regarding Transaction Systems Architects, Inc.'s ("TSA"), its subsidiaries or third parties' expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect. The forward-looking statements in this press release are subject to a variety of risks and uncertainties. Actual results could differ materially. Factors that could cause actual results to differ include but are not limited to the following.

The success of TSA, or any of its subsidiaries, entering into a new distribution or partnering arrangement depends on numerous factors including the acceptance of the distributed products or services by TSA's existing customer base and integration of the products and services into TSA's marketing efforts, the quality of the products or services as perceived after use by TSA's customers, and the degree of competition from competitive products or service providers.

TSA's business is concentrated in the banking industry, making it susceptible to a downturn in that industry.

TSA is subject to risks of conducting international operations including: difficulties in staffing and management, reliance on independent distributors, fluctuations in foreign currency exchange rates, compliance with foreign regulatory requirements, variability of foreign economic conditions, and changing restrictions imposed by U.S. export laws.

Fluctuations in quarterly operating results may result in volatility in TSA's stock price. No assurance can be given that operating results will not vary. TSA's stock price may also be volatile, in part due to external factors such as announcements by third parties or competitors, inherent volatility in the high-technology sector and changing market conditions in the industry.

For a detailed discussion of these and other risk factors, interested parties should review TSA's filings with the Securities and Exchange Commission, including Exhibit 99.01 to TSA's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the fiscal year ended September 30, 2000.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 1, 2001
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