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London, United Kingdom and Dubai, UAE - 20 February 2008 - Postilion, a division of S1 Corporation and a leading provider of integrated solutions for self-service banking and payment processing, today announced that Mark McMurtrie, a seasoned executive in the fields of payment systems and card processing with over twenty years of industry experience, has joined the company as Marketing Director to head up Postilion's international marketing efforts. McMurtrie will be responsible for the delivery of Postilion's marketing communications and product marketing programmes across Europe, the Middle East, Africa, and Asia-Pacific.
McMurtrie has worked with a wide variety of leading global financial institutions, retailers, mobile phone operators, and oil companies during his professional career. Immediately prior to joining Postilion, he was Marketing Director at The Logic Group, a UK-based organization that supplies card payment applications to large multi-channel retailers. He has previously held the position of Marketing Director for VeriFone's Europe Middle-East Africa region and was Head of Worldwide Marketing for Hypercom Corporation. McMurtrie started his career at NCR, working in both its financial systems and retail divisions on ATM and EPOS solutions. He holds an honours degree in Business Management with specialization in International Marketing.
The strength and quality of Postilion's solutions are widely known in the industry and I am honored by the opportunity to join the company," said McMurtrie. I am looking forward to communicating the value Postilion can offer financial institutions, retailers, and processors and helping to further grow the company's reputation and business around the world."
"Mark brings a significant amount of experience and marketing skills to Postilion that will be invaluable as we continue to focus on growing our business across Europe, the Middle East, Africa, and Asia-Pacific," said Francois van Schoor, Senior Vice President and General Manager, Postilion International. "We are delighted that he has decided to join the Postilion team,"
About Postilion
Postilion, a division of S1 Corporation, is a leading provider of integrated solutions for self-service banking and payment processing. Our offices, on five continents, serve over 1,500 customers in more than 50 countries. Postilion solutions drive self-service financial transactions and payments, including advanced transactions such as prepay, through Internet access points, ATMs, POS terminals, and phones.
More than 100,000 ATMs and 380,000 POS terminals worldwide run on Postilion solutions. In the United States, over 1,250 credit unions and community financial institutions use Postilion solutions. Built on open systems, Postilion solutions provide consolidated management information, card management, 3DES and EMV enablement, and loyalty management. At the forefront of compliance with new regulations and security enhancements, such as the Payment Card Industry Data Security Standard (PCI DSS) and Visa's Payment Application Best Practices (PABP), Postilion can help customers achieve compliance with the latest data security standards developed by the payment card industry. More information is available at www.postilion.com.
About S1 Corporation
S1 Corporation delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors. S1 employs over 1,400 people in operations throughout North America, Europe and Middle East, Africa, and Asia-Pacific regions. Worldwide, more than 3,000 customers use S1 software solutions, which are comprised of applications that address virtually every market segment and delivery channel. S1 partners with best-in-class organizations to provide flexible and extensible software solutions for its customers. Additional information about S1 solutions is available at www.s1.com, www.postilion.com, www.S1enterprise.com, and www.fsb-solutions.com.
Forward-Looking Statements
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at www.s1.com or the SEC's web site at www.sec.gov) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.
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