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TOTAL SYSTEM SERVICES ANNOUNCES NEGOTIATIONS WITH AMSOUTH BANK

 COLUMBUS, Ga., Nov. 9 /PRNewswire/ -- Total System Services, Inc. (NYSE: TSS) announced that it has received a Letter of Intent from AmSouth Bank N.A. which will allow the third-party processor to provide credit card processing services for the Alabama-based Issuer.
 AmSouth, located in Birmingham, Ala., has assets in excess of $12 billion and is ranked among the top 100 credit card issuers in the United States. TSYS currently processes for a portion of the AmSouth accounts and plans to convert the remainder of the portfolio by June, 1994. Commenting on the announcement, TSYS Senior Vice President, M. Troy Woods said: "AmSouth and TSYS have had a relationship dating back to 1977. We are very excited about AmSouth's confidence in us to process all of their credit card products."
 TSYS is the second-largest credit card and private label transaction processing company in the world. The company is based in Columbus and provides credit card institutions with a comprehensive on-line system of data processing services marketed as THE TOTAL SYSTEM(TM). TSYS serves 114 card-issuing institutions in 34 states, Puerto Rico and Canada, representing 32 million cardholders and 258,000 merchant accounts. TSYS also provides correspondence products, fulfillment services, direct marketing and promotional services, directly or through its two subsidiaries, MAILTEK, Inc.,-Atlanta and Lincoln Marketing, Inc.,- Moorestown, N.J., to financial institutions, airlines, health care organizations and other businesses representing over 20 million customers. TSYS is an 80.7 percent owned subsidiary of Synovus Financial Corp. (NYSE: SNV), a $5.4 billion multi-financial services company composed of TSYS, 31 banking affiliates in three states and a full-service brokerage firm.
 -0- 11/9/93
 /CONTACT: M. Troy Woods, senior vice president, Total System Services, 706-649-2104/
 (TSS SNV ASO)


CO: Total System Services, Inc.; AmSouth Bank N.A. ST: Georgia IN: FIN SU:

RA-JM -- AT008 -- 2250 11/09/93 12:51 EST
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Publication:PR Newswire
Date:Nov 9, 1993
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