ACI Expands Market Presence with 49 New Customers in 2007
Thursday, February 28, 2008
(New York, NY. – 28 February 2008) – ACI Worldwide (NASDAQ: ACIW), a leading international provider of software for electronic payment systems, today announced that the company added 49 new customers in calendar year 2007, including 17 new customers in the quarter that ended December 31, 2007. New customers licensed products spanning the breadth of ACI’s solutions from fraud and risk management to online banking, smart card management and online payments processing. In addition, 50 existing ACI customers licensed one or more additional applications from the company in 2007, expanding their use of ACI’s integrated software.
Fourteen new customers selected BASE24-eps™ in 2007. Today over 30 customers are live on BASE24-eps, significantly expanding their capabilities for integrated online electronic payment processing.
Thirty new customers licensed ACI’s fraud detection solution in 2007. With fraud on the rise, the number of customers using ACI Proactive Risk Manager™ has grown by more than 60 percent during the past three years, making it one of the company’s fastest selling products. The year ended with over 2,500 institutions being protected by Proactive Risk Manager.
Twelve new customers selected ACI Smart Chip Manager™ in 2007, including a large Canadian bank that is using the software as their foundation for Canada’s national migration to chip technology for debit and credit cards. Another 12 new customers selected ACI’s solution for automated ATM key distribution; eight licensed ACI Payments Manager™ to automate back office processing; six selected ACI Retail Commerce Server™ to process payments in a retail environment; and five chose the ACI Card Management System™. The year ended with five new customers using ACI software in a hosted on-demand environment.
In all, 116 of the world’s top 500 world banks and nine of the top 20 global retailers use ACI software. The company supports a total of 820 customers in 86 countries.
About ACI Worldwide
Every second of every day, ACI Worldwide solutions are at work processing electronic payments, managing risk, automating back office systems and providing application infrastructure services. ACI is a leading international provider of solutions for banking, retail and cross-industry systems. ACI serves more than 800 customers in 86 countries including many of the world's largest financial institutions, retailers and payment processors. Visit ACI Worldwide at www.aciworldwide.com.
Any statements in this press release regarding projected results are preliminary and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, this press release may contain other forward-looking statements including statements regarding ACI Worldwide Incorporated, its subsidiaries or third parties’ expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect. The forward-looking statements in this press release are subject to a variety of risks and uncertainties. Actual results could differ materially.
For a detailed discussion of these risk factors, parties that are relying on the forward-looking statements should review the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K filed on January 30, 2008, the Company’s Form 10-Q for the fiscal quarter ended December 31, 2006 filed on June 29, 2007, the Company’s Form 10-Q for the fiscal quarter ended March 31, 2007 filed on August 10, 2007 and the Company’s Form 10-Q for the fiscal quarter ended June 30, 2007 filed on September 20, 2007.