ACI Worldwide Inc Appoints New Board Member
(NEW YORK — September 11, 2008) — ACI Worldwide, Inc. (NASDAQ: ACIW) today announced the appointment of a new member to its board of directors, Dr. James C. McGroddy. His appointment was effective September 10, 2008. Dr. McGroddy will serve as chairman of the board’s newly established technology committee.
“We welcome Jim to the board and look forward to learning from his expertise. Jim contributes knowledge garnered from more than 30 years of technology research and development work at IBM,” said Phil Heasley, ACI’s chief executive officer.
Dr. McGroddy, a self-employed consultant, was employed by IBM from 1965 through 1996 in various capacities, including seven years as senior vice president of research.
He is chairman of the board of MIQS, a Colorado-based healthcare information technology company; chairman of the board of Advanced Networks and Services, Inc; and a member of the board of directors of Forth Dimension Displays Limited. Dr. McGroddy also served as a member of the board of directors of Paxar Corporation, a provider of merchandising systems for the retail and apparel industry. He is a member of the U.S. National Academy of Engineering.
About ACI Worldwide, Inc.
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 88 countries including many of the world's largest financial institutions, retailers and payment processors. Visit ACI Worldwide at www.aciworldwide.com.
