NORCROSS, Ga. and EDMONTON, Canada, Sept. 24 /PRNewswire-FirstCall/ --
Postilion, a leading provider of integrated software solutions for payments
processing and self-service banking and a division of S1 Corporation (Nasdaq:
SONE), today announced that Cash N Go Ltd., one of the leading deployers and
service providers of ATM services and technologies in Canada, has selected the
Postilion solution for ATM owners and deployers. This further enhances Cash N
Go's position as one of Canada's leading, and now fully integrated, ATM
service providers.
As one of the founding members of the ATM Industry Association of Canada,
Cash N Go owns a network of over 1,200 ATMs installed across Canada and is
committed to leading the industry in innovation. "We work hard to stay ahead
of the latest trends in transaction processing to ensure that our customers
are maximizing their profit potential," said Ken Nichols, President of Cash N
Go. "Owning and managing our own switch gives Cash N Go the flexibility and
control to be more responsive to the ever-changing ATM marketplace."
Postilion delivers an end-to-end processing solution covering all aspects
of ATM driving, including ATM network management, related business management,
and advanced-function ATM driving. Postilion directly controls ATMs,
intercepts cardholders bankcard transactions, and processes these transactions
online to core system accounts.
Cash N Go's customers include grocery chains, financial institutions,
convenience stores -- anywhere you might expect to find an automatic teller
machine. "Postilion has been a key partner in helping us build a payments
strategy that offers our merchant customers a solid ROI through economies of
scale as well as it gives us the flexibility to respond quickly to customer
demands," said Greg Greschuk, Vice President of Sales and Marketing.
Additionally, the Postilion solution enables Cash N Go to be one of a
small number of ATM suppliers in Canada to guarantee uptime. "We promise an
uptime rate of 99%, which we usually exceed," said Nichols. "With the
Postilion solution, Cash N Go will assume responsibility for network
performance thus minimizing the challenges that are often present when having
to deal with multiple vendors."
"We are pleased to be a part of Cash N Go's payments strategy, which is
based on providing the highest levels of customer service, flexibility, and
innovative technologies to the Canadian marketplace," said Doug Parr, Senior
Vice President and General Manager of Postilion Americas. "Our open-systems
payments solution provides the agility to manage customer expectations for
functionality, reliability and security -- quickly and cost-effectively."
About Cash N Go
Since its inception in 1998, Cash N Go has grown, with over 1,200 ATMS in
operation, into one of the leading deployers and service providers of ATM
services and technologies in Canada. Cash N Go's customers include convenience
stores & supermarkets, restaurants, bars & nightclubs, gas stations, airports,
hotels, shopping malls, bingo halls, casinos & racetracks, sports &
entertainment facilities and colleges & universities. Our formula for growth
and success is simple: we are committed to being responsive to the needs of
our customers and investing in leading-edge technology to enhance customer
service, network reliability, and end-user security.
In addition to our Corporate Head Office in Edmonton, Alberta, Cash N Go
also operates a Regional Office and Warehouse in Hamilton, Ontario. For more
information please visit
http://www.cashngo.com
.
About Postilion
Postilion, a division of S1 Corporation, is a leading provider of
integrated solutions for payments processing and self-service banking. 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 500,000 POS terminals worldwide run on
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
http://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 under three brand names: Postilion, S1 Enterprise
and FSB Solutions. Additional information about S1 solutions is available at
http://www.s1.com
,
http://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 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
http://www.s1.com
or the SEC's web site at
http://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.
SOURCE Postilion
CONTACT: Cheyanne Atchley, Postilion, +1-512-336-3128,
cheyanne.atchley@postilion.com
; Caroline Traylor, Porter Novelli, +1-512-241-2239,
caroline.traylor@porternovelli.com
; or Greg Greschuk, Vice President of Sales and Marketing, Cash N Go Ltd.,
greg@cashngo.com
