ATLANTA, July 22, 2004 (PRIMEZONE) -- Harland Financial Solutions, Inc., a wholly owned subsidiary of John H. Harland Company (NYSE:JH), today announced that three credit unions have engaged the company for its ULTRADATA(r) System service bureau solution.
Service bureau delivery of the ULTRADATA System continues to grow as credit unions discover that the functionality of an in-house system can be realized with the convenience and affordability offered through outsourcing. The new credit union clients include OCHA Credit Union of Orange, California; Chesapeake & Ohio Federal Credit Union of Richmond, Virginia; and Nissan Federal Credit Union (FCU) of Gardena, California.
OCHA Credit Union serves the healthcare services industry in the Orange County area. Liz Rutledge, chief executive officer of OCHA Credit Union, explains her reasoning for choosing Harland Financial Solutions. "The experience that comes with the ULTRADATA System service bureau offering, combined with the products and services now available to us, will enable our credit union to broaden the scope of services we currently offer to our members."
Chesapeake & Ohio Federal Credit Union has long been one of the region's most popular financial institutions. Evelyne Mueller, chief executive officer at the credit union said, "The ULTRADATA System will help us streamline many of our current processes and reduce the time it takes to train employees to perform certain tasks."
Chartered in 1974, Nissan FCU was originally established to serve the employees of Nissan Motor Corporation. Today, the credit union serves more than 4,200 employees and residents of Gardena and neighboring towns. Larry Dodge, chief executive officer of Nissan FCU, says, "Harland Financial Solutions has the best mix of technology, people and vision to support our current and future technology needs. We're happy to be a part of such a robust solution and the wide choice of applications provided by one strategic partner."
Harland Financial Solutions' Enterprise Services Center delivers the ULTRADATA System as an online service bureau offering to almost 250 credit unions nationwide. Located in West Des Moines, Iowa, the Enterprise Services Center is a state-of-the-art data center, providing complete data protection, uninterrupted service and technical expertise 24 hours a day, 7 days a week. The Center delivers this level of service by deploying multiple measures for system availability and data security, using the latest industry standard hardware and software backed by a team of veteran technical experts to support clients.
ULTRADATA is a registered trademark of Harland Financial Solutions, Inc. All other brands and products or services are trademarks and/or service marks of their respective owners, may be registered, and should be treated appropriately.
About Harland Financial Solutions
Harland Financial Solutions (www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes. Harland Financial Solutions is a leader in deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems, customer relationship management systems, and compliance training software.
About Harland
Atlanta-based John H. Harland Company (NYSE:JH) (www.harland.net) is listed on the New York Stock Exchange under the symbol "JH." Harland is a leading provider of software and printed products to the financial institution market. Harland's software solutions include deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems, and customer relationship management systems. Harland's printed products offerings include checks, direct marketing and financial forms. Scantron Corporation (www.scantron.com), a wholly owned subsidiary, is a leading provider of both paper and electronic-based services and systems for the collection, management and interpretation of data to the financial, commercial and educational markets.
This press release contains statements which may constitute "forward-looking statements." These statements include statements regarding the intent, belief or current expectations of John H. Harland Company and members of its respective management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Reference is made to the Risk Factors and Cautionary Statements in Harland's Form 10-K and Form 10-Q filed under the Securities Exchange Act.