Bank of Valletta Chooses ACI Solution for e-payment Processing; ACI's BASE24 and GENcard to Power Card Issuance and Acquiring Services for Maltese Bank.

Business Editors & Technology Writers

OMAHA, Neb.--(BUSINESS WIRE)--Oct. 9, 2000

ACI Worldwide (Nasdaq:TSAI), a leading international provider of enterprise e-payment solutions, announces the licensing of its BASE24(R) and GENcard(R) e-payment processing software to Bank of Valletta, the leading bank in Malta. BASE24 and GENcard will form a single-point solution for Bank of Valletta's issuance and acquiring services including capabilities to authorize, switch and route all ATM and POS transactions for the bank's network of 60 ATMs and 3200 POS devices.

Bank of Valletta will migrate from its current system to an integrated BASE24 and GENcard processing platform. This solution offers the bank proven fault-tolerant processing that can handle growing transaction volumes. Bank of Valletta currently processes 400,000 ATM and 200,000 POS transactions monthly and expects growth in both areas.

"ACI's integrated solution gives us the ability to develop and expand our financial services," said Mr Raphael E. Vassallo, general manager of Bank of Valletta. "We need a solid platform that can handle our current processing needs while giving us the ability to add new services. BASE24 and GENcard meet our requirements with a design that is open to current and emerging technologies."

The integrated design of BASE24 allows multiple applications--in this case card issuance and acquiring, and ATM and POS processing--to share the same customer and account information, the same communication links to hosts and interchange networks and the same command and control system for operations and management. The system also provides flexibility, giving Bank of Valletta the ability to integrate and support additional transactions, such as those generated by smart cards, mobile phones, Internet banking or Internet-based retailers.

"With BASE24 and GENcard, Bank of Valletta gains the capabilities it needs to power current and future e-payment processing," said Richard Launder, managing director of ACI Worldwide's Europe/Middle East/Africa operation. "Bank of Valletta can use the ACI solution to address a wide range of processing needs for its e-payment operation, including multi-currency, smart cards and e-commerce, all on a platform that is the world leader in offering reliable and scalable transaction infrastructure."

In addition to BASE24 and GENcard, Bank of Valletta licensed ACI's ClaimTrack(TM) back office claims and adjustment solution and ENGUARD-atm(R) system monitoring solution.

ACI Worldwide (Nasdaq:TSAI) is helping customers change the way the world works with solutions designed to improve the way we live, work and shop. Every minute of every day, financial institutions, retailers and networking industries rely on ACI solutions and services to smoothly move money and information. As a leading international provider of solutions for e-payments, ACI maintains operations in the Americas, Europe/Middle East/Africa and Asia/Pacific. More than 2,300 customers in 79 countries use ACI distributed solutions. Visit ACI Worldwide on the Internet at www.aciworldwide.com.