Concord EFS to be Featured at Goldman Sachs, Salomon Smith Barney and U.S. Bancorp Piper Jaffray Conferences in November.

Business Editors

MEMPHIS, Tenn.--(BUSINESS WIRE)--Nov. 1, 2001

Concord EFS, Inc. (Nasdaq: CEFT), a leading electronic commerce provider, is scheduled to present at investor conferences hosted by Goldman Sachs, Salomon Smith Barney, and U.S. Bancorp Piper Jaffray during the month of November. Edward A. Labry III, Concord president, and Edward T. Haslam, Concord CFO, will join executives of many leading public and private companies making presentations at these three conferences. Live Webcasts of Concord's presentations will be available via Concord's Web site at www.ceft.com. Replays of each Webcast presentation will be available for 14 days following the event, usually beginning within 24 hours of the presentation.

The schedule for Concord's presentations at the conferences, which are all being held in New York City, is as follows:

-- Mr. Labry will present at Salomon Smith Barney's 2001 Electronic Financial
Services Conference on Tuesday, November 6 at 2:30 p.m. Eastern time.

-- Mr. Haslam will present at the U.S. Bancorp Piper Jaffray Financial Services
Conference on Wednesday, November 7 at 3:15 p.m. Eastern time.

-- Mr. Labry will present at Goldman Sachs' Global Business & Technology
Services Conference on Thursday, November 29 at 9:45 a.m. Eastern time, with a
breakout session at 10:45 a.m. (Note that participants for this Webcast
presentation will be asked to enter a username and password: The username is
conference/confk and the password is globalbiz.)

Concord is a vertically-integrated electronic transaction processor, providing transaction authorization, data capture, settlement and funds transfer services to financial institutions, supermarkets, petroleum retailers, convenience stores, and other independent retailers. Concord news releases, links to SEC filings, and other information are available on its corporate Web site at www.concordefs.com.

The presentations may contain or incorporate by reference forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such statements are not guarantees of future performance and involve risks, uncertainties, and other factors which may cause our actual performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by those statements. Concord undertakes no obligation to publicly update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events, or changes to future results over time. See the cautionary statements included as Exhibit 99.1 to our Form 8-K filed on July 18, 2001 for a more detailed discussion of certain of the factors that could cause our actual results to differ materially from those included in the forward-looking statements.