ATLANTA, Dec. 10, 2004 (PRIMEZONE) -- Tulsa Teachers Credit Union (TTCU), the second-largest credit union in Oklahoma, has expanded its relationship with John H. Harland Company (NYSE:JH) by selecting the ULTRADATA(r) core processing system from Harland Financial Solutions, Inc.
An 18-month review of systems in the marketplace led TTCU to Harland Financial Solutions. "As a current Harland customer for share drafts, it was easy for us to expand our relationship with a company we have confidence in," said Leslie Rector, president and chief executive officer of TTCU. "We looked at the overall viability of every system in the marketplace and chose the ULTRADATA System. The open platform combined with the integration to all functional applications, was key for us. With Harland, we have one partner that will deliver and support the technology we need to achieve our long-term strategic goals."
Established in 1934, TTCU is the largest state-chartered credit union in Oklahoma with 75,000 members and close to $650 million in assets. The credit union serves teachers, school faculty, administrators, staff, students and their families in Tulsa and the surrounding thirteen Northeastern Oklahoma counties. TTCU is headquartered in Tulsa with a total of seven branches and plans to go live with the new core system in October 2005.
"We are proud to partner with TTCU who has such a long-established commitment to excellence in Oklahoma," said Raj Shivdasani, president of Harland Financial Solutions' Core Systems Group. "We look forward to showcasing TTCU to other prospective credit unions looking to see how the breadth of technology Harland Financial Solutions offers can help them attain their goals."
The ULTRADATA core system will run on new hardware purchased through Harland's Scantron Service Group. In addition to the core system, TTCU has selected the integrated business intelligence tools for Financial, Transaction and Loan Risk analysis, the complete Touche(R) Customer Relationship Solution, the INTERLINQ(R) suite of mortgage solutions for origination, production and servicing, the Voice-Exchange speech recognition system for telephone banking, along with integrated document management, remote banking, robust reporting and all functional applications for front and back office operations.
INTERLINQ, Touche, and ULTRADATA are registered trademarks 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 TTCU
Established in 1934 in the desk drawer of a Tulsa teacher, TTCU now serves nearly 75,000 members who are teachers, school faculty, administrators, staff, students and their families in fourteen Northeastern Oklahoma counties with a full complement of depository, lending and financial advisory services. TTCU is the largest state-chartered credit union in Oklahoma with seven branches, five in Tulsa, one in Tahlequah and one in Owasso.
About Harland Financial Solutions
Harland Financial Solutions (www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. Harland Financial Solutions is a leader in deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems, check imaging, item processing, document management, customer relationship management, 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 software services and systems for the collection, management and interpretation of data to the financial, commercial and educational markets.
Risk Factors
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.