IBM-M&I Marketing Agreement

IBM and M&I Eastpoint, an operating group of M&I Data Services, a leading software products and services provider in banking and finance, have announced the signing of a partnership agreement to promote, license, distribute, market and support top-of-the-line banking software solutions to the worldwide market, excluding North America.

IBM will complement its line of products and services for the banking and financial industries with the Eastpoint Banking System, a UNIX-based software solution that supports the core processing needs of today’s small- to medium-sized financial institutions. M&I Eastpoint provides complete information management for banks, finance companies and other specialized financial institutions.

“This marketing and support agreement with IBM offers financial customers worldwide a modern, functionally innovative open-system solution,” said Joseph Delgadillo, president and COO of M&I Data Services. “We at M&I Data Services are excited to team up with IBM worldwide which will lead the marketing efforts and customer support.”

According to Dan Shannon, president of M&I Eastpoint, the Eastpoint Banking System stands out among software programs in the financial marketplace by offering flexibility and ease-of-use, along with strong company support. “It is a proven solution that has been jointly installed with IBM in several financial institutions in Europe,” he said. “Based on customer needs, financial institutions can choose from a complete turnkey solution, licensed product and consulting services or full-facilities management.”

The M&I Eastpoint Banking System encompasses Customer Information, Deposits, Loans and Product Builder. In addition, the product provides Loan Collections, Financial Management and Teller Systems with more modules available.

M&I Eastpoint has more than 60 customers throughout Europe, South America, Australia and the United States. The company is part of M&I Data Services, which offers financial software products and services to institutions worldwide. M&I Data Services is a division of Marshall & Ilsley Corporation, a $15.4 billion holding company. M&I Eastpoint is located in Bedford, N.H., while both M&I Data Services and Marshall & Ilsley Corporation are located in Milwaukee, Wis.


Another Metris Acquisition

Metris Companies picked up another $420 million in receivables yesterday with the acquisition of Mercantile Bank’s cobranded portfolio. Less than two weeks ago Metris acquired $330 million in receivables from KeyCorp. The two acquisitions will bring total Metris receivables to about $2.8 billion.. According to CardData, Metris had 2,053,000 accounts at mid-year. The KeyCorp transaction involved 280,000 accounts and the Mercantile deal involved 500,000 accounts. For Mercantile the sold accounts represent about 35% of its total portfolio. Mercantile has struggled with cobranding especially with its Southwestern Bell VISA. Mercantile pulled the plug on the program in January after realizing substantial losses due to the high incidence of convenience use among cardholders.


DecisionOne-Corillian Support

DecisionOne Corporation and Corillian Corporation today announced that DecisionOne has been selected to provide end user technical support for Corillian’s line of products for financial institutions.

DecisionOne will provide help desk service and support for thousands of users who subscribe to online services with their financial institution, and utilize Corillian’s Voyager web banking system to access accounts from their homes and/or offices. Financial institutions use the Voyager platform to make it possible for their customers to utilize their personal computer to view balances and cleared transactions, transfer funds, pay bills, exchange secure e-mail messages and apply for loans from a financial institution’s World Wide Web site.

DecisionOne will provide over-the-telephone, technical support to Corillian users from its network of call centers located strategically across North America.

“As more and more consumers use the Internet to make their everyday lives easier, financial institutions must step up and make it easier for these kinds of customers to access their accounts,” said Ted Spooner, Corillian Chairman and CEO. “Our Voyager platform makes it easy for financial institutions to be accessible via their Web site. DecisionOne makes it easy for both the financial institution and its customers to get quality technical support when they have questions about Corillian products,” he said.

“With Web-based access, end-users are accessing their accounts at all hours, and expect service and support on demand, making it critical for Corillian to choose a service vendor that can deliver support any time,” said Spooner. “DecisionOne’s reputation for outstanding technical support, combined with its industry-leading multivendor experience, made it an obvious choice for Corillian, as we work to deliver outstanding customer service to the financial institutions that use our products,” he said.

“We were particularly impressed with DecisionOne’s key industry relationships, including their technical support with Netscape for the Netscape Navigator, and their status as a Microsoft Authorized Support Center,” said Kirk Wright, president of Corillian. “We knew financial institutions would require support for remote banking customers with virtually any personal computer running Windows, OS/2 or Macintosh operating systems.”

The Voyager platform supports the industry accepted OFX data standard allowing support for popular personal financial software programs like Intuit’s Quicken, BankNOW, and Microsoft Money. The Corillian Voyager suite of products includes:

— Voyager Gold, a turn-key banking transaction engine which offers end-users real time host access to their institutions’ services via the World Wide Web.

— Voyager OFX (Open Financial Exchange), an advanced middleware server solution that supports the electronic exchange of financial data.

— Voyager Platinum, a high-performance server designed to exchange secure financial transactions for banking and bill payment utilizing OFX specifications. V/Platinum is bundled with a standard Web-based transaction interface.

“DecisionOne technical support personnel are prepared to provide high quality technical support for Voyager end-users — wherever they are located, whenever they need service, and regardless of their hardware and software configurations,” said Tom Farrell, vice president of End User Technical Support Services for DecisionOne. “This is another example of an industry leader turning to DecisionOne for help desk service and support, as they concentrate on their core competency — in this case, developing and marketing online information systems for financial institutions. We are very pleased to have this new service relationship with Corillian,” said Farrell.

“Remote banking users have unique support needs — they will link differently to accounts, their PCs run on different platforms, and they have varied hardware setups. DecisionOne’s independent, multivendor status makes us uniquely qualified to provide service and support to the online banking community,” said Farrell.

Farrell reported that DecisionOne operates remote help desk service centers in Bloomington, MN, Tulsa, OK, and near the company’s headquarters in Frazer, PA. Providing help desk support for a broad range of business software applications and operating systems, Decision0ne services range from basic end-user software support to second level IT professional technical support.

About Corillian

Corillian is a developer and integrator of products that enable a financial institution to deliver services via the Internet. The highly flexible and brandable products allow banks, credit unions and other institutions to differentiate themselves and their product offerings on the World Wide Web. Corillian solutions include Internet server systems and Web-based software accessories that handle various financial transactions and services to consumers and other financial institution customers.

Corillian’s management, designers and engineers have years of industry experience with remote electronic banking and Internet commerce. The Corillian Voyager platform is a third generation product, designed and created with the benefit of these years of experience.

For two years Corillian operated as a business unit of CheckFree Corporation. A change in corporate strategy led to the spin off of the business unit in a management-led acquisition in 1997. Corillian is supporting products currently in market which have the benefit of three years design and development. The company is headquartered in Beaverton, Oregon. For more information, visit

About DecisionOne

Employing more than 6,000 people, DecisionOne is the largest independent provider of multivendor computer maintenance and technology support services in North America. Headquartered in Frazer, PA, the company provides services for a broad range of computing environments, from the data center to the desktop. DecisionOne provides service and support on more than 15,000 computer hardware products from more than 1,000 original equipment manufacturers. More than 4,000 field technical personnel operate from more than 150 service centers located across the United States and Canada, providing service and support for more than 51,000 customers at 182,000 sites.

Decision0ne’s parent company, DecisionOne Holdings Corp. (Nasdaq: DOCI) is publicly traded on the Nasdaq National Market System under the symbol “DOCI.” For more information on DecisionOne services, refer to the company’s Web site at .


Integrion On a Roll

Seeking to become the AOL of online financial services the Integrion Financial Network announced two major banks have taken equity positions in Integrion, joining 17 other North American financial institutions.. Thursday, Citibank and First Union have agreed to acquire positions subject to regulatory approval. The addition of the two will boost Integrion’s market penetration to 75% of consumer households in North America.


Fleet-Kmart ATM Deal

New England’s largest bank, Fleet Financial Group (NYSE: FLT), today announced an agreement with Kmart to deploy over 200 remote Automated Teller Machines (ATMs) at Kmart store locations throughout the Northeast and into the MidAtlantic region. Fleet will install the new ATMs at Kmart stores in nine states which include Maine, New Hampshire, Rhode Island, New York, New Jersey, Pennsylvania, Vermont, Delaware, and Maryland.

“With the addition of ATMs at Kmart locations, Fleet is able to increase the superior access and service that we provide to customers,” said Robert B. Hedges, Jr., senior vice president of the Direct Financial Services Group at Fleet. “The continued expansion of our ATM network fulfills part of Fleet’s mission to invest in technology for better customer service and positioning in the future marketplace. It also represents an important source of growth beyond our traditional geographic franchise.”

Fleet is the nation’s seventh largest provider of bank-operated ATMs. In addition to in-branch ATM machines, the bank has pursued a strategy of choosing remote locations not currently serviced by automated teller machines, such as convenience stores and gas stations. Recently, the bank announced the addition of 26 ATMs at Grand Union stores in New York and New Jersey, and 105 ATMs at Cumberland Farms stores across the Northeast.

Kmart is the second largest department store chain in the United States with 2,200 store locations in all 50 states and Puerto Rico.

Fleet Financial Group, headquartered in Boston, is an $83.4 billion diversified financial services company listed on the New York Stock Exchange. The nation’s sixth largest commercial lender and New England’s leading small business lender, Fleet’s lines of business include consumer banking, government banking, mortgage banking, commercial real estate finance, corporate finance, insurance services, discount brokerage services, equipment leasing and asset-based lending. Fleet also provides investment management services for both individuals and institutional clients and currently has $52 billion in assets under management. With more than 1,200 branches and 2,000 ATMs located throughout the Northeast, Fleet also provides 24-hour telephone banking as well as electronic banking services through the Fleet PC Banking Center.


Jigsaw NOVUS Certified

DataCard Corporation announced today at the American Bankers Association (ABA) Bank Card Conference that NOVUS Services, a leader in payment processing, has certified the DataCard Jigsaw modular POS solution for its network. NOVUS Services will begin selling the new terminals and PIN pads into retail stores and restaurants later this year.

![][1] “NOVUS Services selected Jigsaw because if offers both magnetic stripe and smart card capabilities in one low-cost platform. This solution fits well with our commitment to provide our customers with best-of-breed solutions as well as value pricing,” said Ken Williams, director of link services for NOVUS Services.

In addition to the dual magnetic stripe and smart card capability, Jigsaw offers a feature-rich design and ease of operation, according to John Mamalakis, senior vice president for DataCard’s financial systems buisiness unit.

“Plus, we’ve developed some breakthrough software applications that are both feature-rich and user-friendly,” Mamalakis said. “These new software applications will make transactions faster, smoother and simpler for both merchants and their customers.”

Jigsaw’s contoured design-which recently won a prestigious Essed Red Dot Design Innovatino Award-also makes Jigsaw an attractive solution for a variety of merchant applications.

“Most transaction terminals and PIN pads look ordinary, low-tech boxes,” Mamalakis said. “But the design of Jigsaw is different. It’s sleek and attractive. Instead of detracting from the appearance of a retail store or restaurant, it actually serves as a nice design element.” Mamalakis also said the agreement with NOVUS Services strengthens DataCard’s position as a leader in POS solutions.

DataCard Corporation, a privately held company based in Minneapolis, Minn., is a world leader in innovative plastic card solutions. The company offers a spectrum of card-related products and services, including transaction processing systems, card personalization systems, systems integration services, digital photo ID systems and badging services. ([][2])

[1]: /graphic/novus/novus.gif


UA Expands E-Ticket Service

United Airlines will kick off the airline industry’s most extensive international electronic ticketing service in October on flights operating between the United States and the United Kingdom. United will be the first airline to launch electronic ticketing service on non-stop flights between London and Chicago, Los Angeles, New York, Newark, San Francisco and Washington D.C.

International E-Ticket(SM) service from United Airlines (UAL) will open for sale on Oct. 1 and will be available for travel on flights beginning Nov. 1. By early October, E-Ticket service will offer itineraries that include up to 16 flight segments.

Tickets can be purchased in the U.S. and U.K. directly from the airline or through a U.S.-based travel agency. Upon completion of software development by computer reservations systems (CRS) companies in early 1998, U.K.-based travel agencies also will be able to sell United’s E-Ticket product.

“United is an industry leader with electronic ticketing in the United States, and we believe the industry and the traveling public are ready for this major overseas expansion of our E-Ticket service,” says Sue Fullman, United Airlines director-sales distribution. “We foresee strong customer demand for international E-Ticket service, and our long-term goal is to introduce the service to more markets around the world.”

Check-in, security and customs procedures for international travel using an E-Ticket are the same as current procedures for passengers with paper tickets. Travelers using United’s international E-Ticket service will check in with their passport and the ticket receipt and, if booked by phone with United reservations, with the credit card used to purchase the ticket. Duplicate receipts and itineraries can be obtained at United ticket counters or via fax, and all customers are provided with a copy of the Warsaw Convention articles governing international travel.

“International travelers are telling us that they want a simplified and more efficient travel experience, and United’s E-Ticket service is an innovation that helps to accomplish that goal,” adds Fullman. “We expect that our strong entry into international markets will set the standard for electronic ticketing worldwide.”

United Airlines introduced its E-Ticket service in the United States on Shuttle by United flights in Nov. 1994. Less than one year later, United was the first airline to expand electronic ticketing nationwide on all its U.S. flights.

In August 1997, the usage of United Airlines E-Tickets reached an all-time high with 2.4 million coupons lifted. During the month, 45 percent of eligible itineraries were ticketed electronically, an increase of nearly 10 percentage points compared to January 1997.

As the largest air carrier in the world and the largest majority employee- owned company, United Airlines offers nearly 2,300 flights a day to 136 destinations in 30 countries and two U.S. territories.


ONSALE – Excite Team

ONSALE, Inc., a pioneer and leader in interactive 24-hour online auctions, today announced a strategic marketing agreement with Excite, Inc. (NASDAQ:XCIT), a leading brand on the Internet.

![][1] ONSALE now appears on the home page of Excite’s Shopping Channel under the “Auctions and Bargains” heading.

ONSALE also appears as a primary anchor tenant in the “Auctions and Bargains” department home page. ONSALE will receive promotional and banner.placements throughout Excite as part of this agreement.

“We are pleased to be an anchor tenant in Excite’s Shopping Channel,” said Jerry Kaplan, CEO and co-founder of ONSALE. “This agreement provides ONSALE with premier placement in the Shopping Channel of one of the Internet’s most popular search engines.”

This agreement represents ONSALE’s ongoing marketing effort to secure high-value real estate on the Web. It also addresses the changing distribution economics of the internet, where key market leaders are buying permanent placements on strategically important sites.

Shopping at ONSALE

Shopping at ONSALE is fun and easy. To place a bid, members need only click a button on their computer screen, fill out a registration form and submit their bid. Typically, a number of identical items are auctioned off simultaneously. When bids are received, prices change or merchandise is sold, ONSALE’s pages are automatically updated with the latest inventory and/or pricing information. Members will be able to monitor the bids and change them electronically. The winning bidder will be notified by e-mail and posted on the site.


ONSALE is a leading electronic retailer pioneering an efficient and entertaining new marketing opportunity — the interactive 24-hour online auction. The company currently specializes in selling computers, peripherals and consumer electronics exclusively over the Internet’s World Wide Web. More than a quarter of a million visitors have placed bids since the launch of the service in May 1995. ONSALE reported gross merchandise sales of $24.5 million for the quarter ended June 30, 1997.

ONSALE operates daily auctions Monday through Friday, and posts tens of thousands of items in a typical week. The company leverages the interactivity and sense of community generated online and on the Internet to create an effective new sales medium that generates a high level of customer loyalty and enthusiasm. ONSALE’s Web site is located at .

This press release contains forward looking statements regarding the company and future expectations, including but not limited to, reliance on merchandise vendors, the risks of the company’s purchasing merchandise in principal transactions, actual and potential competition, dependence on the Internet, uncertain acceptance of the ONSALE brand and reliance on automated technology. These risks and uncertainties are also described in the company’s prospectus dated April 17, 1997 and other documents filed by ONSALE, Inc. with the Securities and Exchange Commission. The company’s actual future results could differ materially from those discussed in the forward looking statements.

[1]: /graphic/excite/excite.gif


DuraGard Extends Card Life

DataCard Corporation today announced at the American Bankers Association (ABA) Bank Card Conference in Long Beach, a new polyester overlay and a new protective topcoat designed to extend the life of photo IDs, driver’s licenses, photo credit cards and other thermally printed plastic cards.

The new DataCard® DuraGard™ protective polyester overlay and the new DataCard® CardGard™ protective topcoat can be applied by the DataCard® 9000 Series or 7000 Series card issuance systems as part of the inline card personalization process. Users can simply add a module to their existing 9000 or 7000 Series System and apply topcoats or overlays to as many as 1,200 cards per hour.

“Thermally printed images—such as cardholder photos—can fade or streak over time when they’re repeatedly swiped through card readers or exposed to certain chemical agents,” said Bruce Erickson, vice president of marketing for DataCard’s central issuance business unit.

“Our new topcoats and overlays protect images and extend card life by providing a strong line of defense against wear, tear and chemical agents,” Erickson said. “This is especially important for applications such as national IDs, driver’s licenses and photo credit or debit cards.”

Three levels of protection to meet specific card issuer needs

The introduction of CardGard and DuraGard gives DataCard customers three choices when it comes to protecting images and extending card life.

The new DuraGard product, which was designed initially for driver’s license requirements, provides the highest level of protection. The .5 mil polyester overlay bonds to plastic cards and creates a tough barrier against scratches, abrasions, chemicals and other destructive agents.

“Independent lab tests show that cards with the DuraGard polyester overlay can last up to five times longer than cards with ordinary topcoats,” Erickson said.

DuraGard can be applied over clear or holographic topcoats to provide a powerful mix of security and longevity.

“The DataCard 9000 Series and 7000 Series Systems apply the holographic topcoat and the protective polyester overlay separately,” Erickson said. “This is an important security advantage. Even if a forger is able to remove the polyester overlay, the holographic topcoat remains affixed to the card.”

The new CardGard product is a 6.4 micron-thick topcoat that’s cured with a special UV process.

“CardGard provides much stronger protection against scratches, abrasions and chemical agents than ordinary topcoats,” Erickson said. “It’s a good fit for card issuers who want long card life, but don’t need the full protection of a DuraGard polyester overlay.”

Like the polyester overlay, CardGard can be applied over clear or holographic topcoats. “Card issuers who apply CardGard over a holographic topcoat can create tough, durable and tamper-evident cards,” Erickson said.

Cards protected with CardGard can be embossed after the topcoat is applied—an important advantage for financial card issuers, according to Erickson.

“CardGard is an excellent solution for photocards, picturecards and other financial cards with printed images on them,” Erickson said. “Card issuers can apply CardGard to protect the photo, then emboss the cards without damaging the topcoat.”

In addition to the new DuraGard polyester overlay and the new CardGard protective topcoat, DataCard also offers standard topcoats for applications that don’t require extra durability or security.

“We now offer our customers three distinct choices,” Erickson said. “So, our 9000 Series and 7000 Series customers can get the protection, durability and security that best meets their needs—and best fits their budgets.”

DataCard Corporation, a privately held company based in Minneapolis, Minn., is a world leader in innovative plastic card solutions. The company offers a spectrum of card-related products and services, including digital photo ID systems, badging services, card personalization systems, systems integration services and transaction terminals.


UltraForm Mailer Cuts Cost

DataCard Corporation expanded its line of high-volume, high-speed card issuance solutions by introducing a new, stand-alone card delivery system at the American Bankers Association (ABA) Bank Card Conference in Long Beach today.

The new DataCard® UltraForm Mailer™ card delivery system allows card issuers to fully automate the forms printing, card affixing and forms folding processes.

The software-driven system reads magnetic stripes or smart cards on as many as 1,800 personalized cards per hour, then uses that information to retrieve production records from a system controller. Data from those records is used to print highly personalized carrier forms on a high-speed laser printer. The system then affixes cards to the appropriate forms, folds the forms and stacks them in an output tray.

The UltraForm Mailer also may be integrated with an optional DataCard® UltraPac™ envelope insertion system. Together, the two systems allow card issuers to go from stacks of personalized cards to metered, ready-to-mail packages—completely inline.

“UltraForm Mailer automates many of the most time-consuming and error-prone steps in the card issuance process,” said Bruce Erickson, vice president of marketing for DataCard’s central issuance business unit. “The accuracy, speed and intelligence of this new system will help our customers compress their cycle times and dramatically reduce card issuance costs.”

UltraForm Mailer is a stand-alone version of the company’s inline forms handling module that’s available as part of the DataCard® 9000 Series and 7000 Series card issuance systems.

“Offering a stand-alone solution allows card issuers with older card insertion equipment to enjoy the benefits of fully automated card delivery,” Erickson said. “Plus, it provides an affordable migration path for customers who want to take a phased approach to building an inline card issuance solution.”

“We think most early applications will involve magnetic stripe cards, but the system can read up to 1,300 smart cards per hour as well,” Erickson said. “This capability will be critical as major card issuers start issuing stored value cards and other smart card-based products.”

DataCard Corporation, a privately held company based in Minneapolis, Minn., is a world leader in innovative plastic card solutions. The company offers a spectrum of card-related products and services, including digital photo ID systems, badging services, card personalization systems, systems integration services and transaction terminals.


Cyberflex Kits are Hot

Within weeks of releasing the first development environment for Java(TM)-compatible smart cards, Schlumberger Electronic Transactions today announced that market demand has exceeded expectations. Hundreds of the Cyberflex(TM) Development Kits have been sold to software developers around the world, confirming the prospect that Java will become the standard for smart card programming.

Fulfilling orders in all of today’s key smart card markets including banking, telecommunications, health care and information technology, company officials cite the kit’s widespread acceptance among developers as part of a growing trend to embrace inherent benefits of Java technology. Attractions for these users include the flexibility that an interoperable Java platform offers for product differentiation, combined with speedier and lower cost development. Java Card applications can be written and evaluated in a matter of days versus the several months required with standard technology.

As evidenced by Citibank, one of the first companies to develop a Java Card application with Cyberflex, industry support is strong. “Java Card provides an open, robust, multi-functional operating environment for smart cards,” notes Henry A. Lichstein, Vice President for Horizon Planning at Citibank. “Java Card will be a strategic delivery vehicle for Citibank, and offer important value to our customers. We have been pleased to participate in Schlumberger’s pioneering Cyberflex development program, and are using cards to demonstrate easy Java Card application loading and use.”

“Sun is pleased to see the continuing proliferation of Java Card products and salutes Schlumberger’s pioneering efforts,” said Jon Kannegaard, vice president of software products at Sun Microsystems’ JavaSoft division. “Java Card is widely acknowledged as the leading standard for interoperable multi-function smart cards. We hope that the arrival of products supporting the Java Card standard will help to dramatically accelerate the penetration of smart cards into the market.”

“The smart card industry is moving rapidly toward a multiple application environment,” notes Jacques Cosnefroy, Vice President and General Manager of Schlumberger’s Smart Cards division. “The Cyberflex card, with its Java virtual machine, supports this trend by providing a cost-effective interoperable platform which turns smart cards into conventional computers, allowing them to run any Java Card-compliant application, and adapt to meet the needs of card users.”

The benefits of the interpreted Java language are obvious for virtually all current smart card markets, where secure multiple application cards mean opportunities for differentiating products and services. For example, co-branding among multiple businesses, such banks, retailers, and telecom operators will be possible with Java cards. Plus, Cyberflex applications can be added or removed from the cards after they are manufactured, bringing much lower costs for support and new product roll-out.

Schlumberger’s Cyberflex Development Kit includes two Cyberflex cards, a smart card reader/writer peripheral, and a CD-ROM containing a suite of software tools for a PC.

Information on Cyberflex, and ordering details, can be found at:


NPC Wins SW Contract

Southwest Airlines has signed a five-year contract with National Processing Co., keeping the company as its processor for MasterCard and Visa credit card transactions, the two companies announced today.

“National Processing is the best in its field when it comes to credit card processing for the airline industry. Just like our own customers, Southwest demands the best when it comes to service and value, so it was only natural that we would continue our relationship for the mutual benefit of both companies,” said Southwest chief financial officer Gary Kelly.

The contract renewal secures National Processing’s place as the nation’s premier provider of processing services for the travel industry. National Processing processes credit card transactions for six of the nation’s 10 largest airlines, including Southwest. It also provides processing and settlement services for every airline ticket sold through the nation’s 48,000 travel agencies.

Southwest chose National Processing to handle its credit card transactions after putting its contract out for competitive bids from the nation’s major processing providers this summer.

“The travel industry has and will continue to be a mainstay of our business. We’re quite pleased that a high-growth industry leader such as Southwest has chosen to continue its relationship,” said National Processing executive vice president Tom Wimsett. “While we’ve been working hard to diversify our customer base with the addition of many smaller customers as of late, we are still committed to the larger customers that have historically provided the bulk of our business. Southwest’s decision to stay with us demonstrates our commitment to this important segment of the market,” Wimsett added.

National Processing handled more than 14 million credit card transactions for Southwest in 1996. Because of the airline’s continued growth, National Processing is currently on track to handle more than 15 million transactions for the airline this year, the two companies reported.

Profile of National Processing Company

National Processing is the operating subsidiary of National Processing, Inc. (NYSE: NAP) and is a leading provider of transaction processing services and customized processing solutions. Deploying technology and applications software, the Company provides products and value-added services which include processing of card and check transactions for merchants, outsourcing of administrative and financial functions, and ticket processing and settlement for providers of travel-related services. National City Corporation (NYSE: NCC), a $52 billion financial services company based in Cleveland, Ohio is the majority owner of National Processing, Inc.

Profile of Southwest Airlines

Southwest Airlines, the fifth largest domestic carrier in terms of Customers boarded, currently serves 51 cities in 25 states. Based in Dallas, Southwest currently operates more than 2,200 flights a day with a fleet of 252 Boeing 737s with an average age of 8.0 years — one of the youngest pure jet fleets in the domestic airline industry.