Genpass Service Solutions Renews Whitney National Bank Contract.Business Editors DALLAS--(BUSINESS WIRE)--Sept. 25, 2002 Genpass Service Solutions, the largest independent ATM maintenance and servicing company in the U.S., on Tuesday announced a three-year servicing contract renewal for Whitney National Bank's more than 200 ATMs. Whitney National is a subsidiary of Whitney Holding Company (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 :WTNY). Genpass Service Solutions is a subsidiary of Genpass Inc., the second largest network ATM driver in the U.S. and owner and operator of the MoneyMaker(SM) and MONEY BELT(R)EFT networks. Whitney National Bank Whitney National bank is a regional community banking institution headquartered in New Orleans, Louisiana. Founded in 1883, it is the oldest continuously operating bank in New Orleans and a major player in the Gulf South banking industry. is the oldest continuously operating bank in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded and a banking industry leader in the Gulf South with $6 billion in assets. The bank maintains 120 branches along the Gulf in the states of Florida, Louisiana, Alabama, Mississippi, and Texas, plus a branch on Grand Cayman Grand Cayman See Cayman Islands. . Whitney's ATMs have been serviced and maintained by Genpass Service Solutions technical teams for the last three years. Walter G. Brunken, Jr., vice president, who arranged the contract for Whitney, had this to say about the renewal: "Our ATM program offers convenience and value-added services for our customers, so it is important to us to pick a service vendor that keeps these goals in mind. Genpass Service Solutions has provided consistently good service combined with a responsive management team." Tim Connor, president of Genpass Service Solutions, added his view: "Whitney has been our customer for several years during which we have built a consistent record of service and product reliability. Providing prompt, specialized, and cost-effective service is our commitment to Whitney. We are looking forward to our continued relationship with Whitney for many years to come." About Whitney Bank Whitney National Bank, which has been in continuous operation since 1883, engages in community banking in its market areas in the five state Gulf Coast region, including Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the ; southern Louisiana; the coastal region of Mississippi; central and south Alabama South Alabama is a term used to describe various parts of southern Alabama. Its usage does not however reflect a strictly defined geographic region. The most general description of the area would be all Alabama counties south of the Black Belt. ; and the panhandle of Florida. The bank also has a foreign branch on Grand Cayman in the British West Indies British West Indies: see West Indies; West Indies Federation. . Whitney has an active EFT program with over 200 ATMs throughout its 120-branch system. About GTCR GTCR Glacier Travel and Crevasse Rescue Golder Rauner, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Genpass Inc., and Genpass Service Solutions GTCR Golder Rauner, LLC, a leading private equity investment firm, owns and operates Genpass Inc., the parent company of Genpass Technologies, LLC, and its subsidiaries. GTCR currently manages more than $4 billion in equity capital invested in companies providing transaction processing, information technology services, financial services and marketing services. Genpass Inc., with headquarters in Pennsylvania, owns the MoneyMaker(SM) and MONEY BELT(R) EFT networks through its Irving, Texas-based subsidiary Genpass Technologies. Genpass Technologies is listed in The EFT Data Book (2002 edition) as the second largest ATM network processor and network ATM driver in the U.S., driving approximately 24,000 ATMs spanning the country. Genpass processes over 360 million transactions annually. The company also operates Genpass ATM Solutions -- providing a strategic solution to ATM-owning and placement -- and Genpass Card Solutions, offering specialized card services such as payroll and medical benefits card programs. Genpass Service Solutions, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Genpass Technologies, LLC, is the largest independent ATM servicing company in the U.S. The company serves over 500 financial institutions, independent sales organizations, and corporate customers providing monitoring, service dispatch, maintenance, cash replenishment, and operating supplies for virtually every model of ATM hardware. www.GenpassEFT.com www.WhitneyBank.com |
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