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Postilion's ongoing commitment to securing payments recognized ATLANTA and LONDON, Aug. 6 /PRNewswire-FirstCall/ -- Postilion, aleading global provider of integrated solutions for self-service bankingand payment processing and a division of S1 Corporation (Nasdaq: SONE),today announced Visa Payment Application Best Practices (PABP) validationof Postilion applications used by banks and credit unions. This validation- by Visa USA and Visa Europe - indicates that the Postilion solutions forATM Driving and Merchant Acquiring handle cardholder data in a securemanner. It follows the July 2006 validation of Postilion applications forretailers, when Postilion was the first payment switch to achieve PABPvalidation in Europe. Visa PABP defines application best practices that are considered to bethe industry standard for the data security of payment applications. Visadesigned this program to assist software vendors in developing securepayment applications that minimize security breaches and compromised carddetails. Using these secure Postilion solutions will help banks and creditunions comply with payment industry standards such as the Payment CardIndustry Data Security Standard (PCI DSS). Visa Europe and Visa USA listapplications that have received this validation on their web sites. Dean Jordaan, Postilion's Senior Vice President of Global ProductStrategy, says, "We are very pleased to have received Visa PABP validationof our solutions for financial institutions in addition to those forretailers. This validation confirms our ongoing commitment to ensuring thesecrecy and integrity of cardholder data." Postilion was guided through the Visa validation process byAmbironTrustWave Ltd, an independent, Visa-qualified security assessor."The continued participation of Postilion in this crucial program shows thecompany's proactive approach to developing software solutions thatsafeguard consumer data. In addition, this most recent validation indicatesto financial institutions that using Postilion solutions can helpstreamline their PCI DSS compliance," says Brooks Wallace, ManagingDirector of AmbironTrustWave. About Postilion Postilion, a division of S1 Corporation (NASDAQ: SONE), is a leadingprovider of integrated solutions for self-service banking and paymentprocessing. Our offices, on five continents, serve customers in more than50 countries. The Postilion product drives self-service financialtransactions and payments, including advanced transactions such as prepay,through Internet access points, ATMs, POS terminals, and phones. Thismulti-channel architecture - built on open systems - provides consolidatedmanagement information, card management, 3DES and EMV enablement, andloyalty software solutions. At the forefront of compliance with newregulations and security enhancements, such as application validation forVisa's Cardholder Information Security Program Payment Application BestPractices (CISP PABP), Postilion can help customers achieve compliance withthe latest data security standards developed by the payment card industry(PCI DSS). More information is available at http://www.postilion.com. About S1 Corporation S1 Corporation delivers customer interaction software for financial andpayment services and offers unique solution sets for financialinstitutions, retailers, and processors. S1 employs 1,400 people inoperations throughout North America, Europe and Middle East, Africa, andAsia-Pacific regions. Worldwide, more than 3,000 customers use S1 softwaresolutions, which are comprised of applications that address virtually everymarket segment and delivery channel. S1 partners with best-in-classorganizations to provide flexible and extensible software solutions for itscustomers. Additional information about S1 solutions is available athttp://www.postilion.com, http://www.S1enterprise.com, and http://www.fsb-solutions.com. Forward-Looking Statements This press release contains forward-looking statements within the safeharbor provisions of the Private Securities Litigation Reform Act. Thesestatements 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. Thesestatements are based on our beliefs as well as assumptions made usinginformation currently available to us. Because these statements reflect ourcurrent views concerning future events, they involve risks, uncertaintiesand assumptions. Therefore, actual results may differ significantly fromthe results discussed in the forward-looking statements. The risk factorsincluded in our reports filed with the Securities and Exchange Commission(and available on our web site at http://www.s1.com or the SEC's web site athttp://www.sec.gov) provide examples of risks, uncertainties and events that maycause our actual results to differ materially from the expectations wedescribe in our forward-looking statements. Except as provided by law, weundertake no obligation to update any forward-looking statement.
