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Donald R. Hollis Joins S2 Systems Board of Directors; Growth Phase Gains Momentum with Addition of Prominent Banking Executive.


Business Editors/High-Tech Writers

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DALLAS--(BUSINESS WIRE)--June 21, 2002

S2 Systems Inc., a global provider of transaction processing, authorization and integrated solutions for the banking, financial, retail and travel sectors, today announced the addition of Donald R. Hollis to its board of directors.

Mr. Hollis brings to S2 Systems over 42 years of industry leadership in the areas of banking and technology. He is now president of DRH DRH Direction des Ressources Humaines (French: Management of Human Resources)
DRH Division of Reproductive Health (CDC)
DRH Driver Handle
DRH Detroit Receiving Hospital (Detroit, MI) 
 Strategic Consulting, Inc.

As president of DRH Strategic Consulting, Hollis assists clients in developing strategies for leveraging technology and quality practices to improve payments related transaction processing products as well as finding appropriate acquisitions. His clients have included NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers , Tandem, Unisys, Cash Station, First National Bank of Chicago, S.W.I.F.T., Edify Corporation, SAIC SAIC - http://saic.com.  and others.

"We are delighted to have someone of Don's caliber join our board of directors," said Stephen Clark, 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 S2 Systems. "Don's impressive career and noteworthy achievements expand the broad array of expertise represented by the S2 Systems board of directors. This significant addition follows other recent appointments and reflects our standing commitment to acquire the requisite senior level leadership to leverage recent customer wins, as well as drive the next phase of growth."

Prior to DRH Strategic Consulting, Hollis served for 15 years at First Chicago Corporation, first as senior vice president and then as executive vice president, where he was responsible for technology leadership. Previously, Hollis spent ten years as vice president and group executive of Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. . He has also served in high-level executive and advisory capacities for numerous industry associations. Hollis graduated from Kent State University with a B.S. in Business Administration.

Presently, Hollis serves on the executive committee of the Illinois Institute of Technology's Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors.  and the IITRI IITRI IIT Research Institute
IITRI Illinois Institute of Technology Research Institute
 Board of Governors. He serves as a director of Deluxe Corporation, EKI EKI Elkhart, Indiana (Airport Code)  Consulting and QuickStream Software.

"I am very pleased to be a member of S2 Systems' board of directors," said Mr. Hollis. "S2 Systems continues to garner attention as a preeminent provider of payment-based transaction processing solutions for open architecture environments. Most importantly, the company enjoys a technological advantage over its competitors, has consistently exceeded performance goals, and is well positioned to extend its major successes into strategically viable market sectors."

Hollis is a key addition to S2 Systems board of directors. His sterling leadership in the sphere of payment related transaction processing technology enhances the credibility of S2 Systems as a leading player in this space. The company recently gained industry mindshare when Intel(R) Solution Services validated its OpeN/2(R) platform to process 1800+ payment-based transactions per second In a very generic sense, the term Transactions Per Second refers to the number of atomic actions performed by certain entity per second. In a more restrictied view, the term is usually used by DBMS vendor and user community to refer to the number of database transactions performed . This extraordinary benchmark result utilized Intel(R)-based architecture and is thus far unmatched in the industry. S2's future-proof OpeN/2(R) offers limitless scalability and delivers the best price/performance value, as well as return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ), in its respective market.

About S2 Systems

S2 Systems, Inc. is a leading global provider of mission-critical enterprise payment and transaction management solutions for the banking, financial services, retail, telecommunications, utilities and travel & hospitality industries. Today, S2 Systems technology is the best of its class in price and performance, delivering improved reliability and availability to businesses worldwide, with the industry's best ROI. And for nearly 20 years, some of the world's largest organizations have relied on S2 products to drive their high-volume transaction processing systems. S2 Systems is headquartered in Dallas, Texas and has offices in London, Paris, Amsterdam, Stockholm, Johannesburg, Dubai, Riyadh, Hong Kong, Melbourne, and Sydney. For more information about S2 Systems, visit its web site at www.s2systems.com.

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Comment:Donald R. Hollis Joins S2 Systems Board of Directors; Growth Phase Gains Momentum with Addition of Prominent Banking Executive.
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Geographic Code:1USA
Date:Jun 21, 2002
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