ACI Worldwide Provides Smart Card Rollout Solution to Leading Canadian Bank.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 Smart Chip Manager to Enable Migration to Chip Technology 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. -- ACI Worldwide (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 :TSAI TSAI Transaction Systems Architects Inc ), a leading international provider of enterprise payments solutions, today announced that Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. (RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). ) has selected ACI's Smart Chip Manager([TM]) to provide the foundation for its planned migration to chip technology for debit and credit cards. RBC chose Smart Chip Manager as its foundation for initial chip card issuance for market trials, beginning with internal trials in late 2007 and as a future platform for launching innovative payment card products using chip technology. ACI will work with RBC to migrate to chip technology gradually and support its existing and future business goals for chip cards. Smart Chip Manager will provide RBC with the control and management necessary for early phases of chip card migration as well as the flexibility to offer new products in the coming years. As RBC plans for chip develop, ACI will work with RBC to ensure that the solution supports new strategies and plans effectively. "RBC is a long-time customer of ACI's, and we are very pleased to expand our relationship with Royal Bank of Canada by enabling smart card management through our Smart Chip Manager solution," said Mark Vipond, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , ACI Worldwide. "ACI and RBC are collaborating to provide the bank with a solution that offers it the degree of control it needs at the beginning of a market trial through to the launch of innovative card products to meet future customer needs." About ACI Worldwide Every second of every day, ACI solutions are at work processing electronic payments, managing risk, automating back office systems and providing application infrastructure services. Founded in 1975, ACI is a leading international provider of solutions for consumer and wholesale banking, retail and cross-industry systems. ACI serves over 800 customers in 83 countries including many of the world's largest financial institutions, retailers and payment processors. Visit ACI Worldwide on the Internet at www.aciworldwide.com. 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 TSA See tax-sheltered annuity (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. For a detailed discussion of these and other risk factors, interested parties should review the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K filed on December 14, 2005, the Company's Form 10Q filed on February 9, 2006, the Company's Form 10Q filed on May 10, 2006, and the Company's Form 10Q filed on August 9, 2006. |
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