PROFITSTARS™ ANNOUNCES THE ACQUISITION OF AUDIOTEL CORPORATION

Acquisition Expands Back-Office and Retail Banking Solutions, and Adds More Then 1,000 Financial Institutions to Client Roster

Monett, MO – October 1, 2007 – ProfitStars (a division of Jack Henry & Associates, Inc. Nasdaq:JKHY) which provides highly specialized products and services that enable financial institutions to mitigate risks, optimize revenue, and contain costs, today announced the acquisition of Texas-based AudioTel Corporation. AudioTel supports more than 1,000 financial institutions with back-office and retail banking solutions. Terms of the transaction were not disclosed.

AudioTel provides proven remittance, merchant capture, check imaging, document imaging and management, and telephone and Internet banking solutions. The company has continually expanded its product offering and market presence since it was founded in 1993, and its specialized software and hardware solutions have consistently been on the forefront of the payment processing industry.

Jack Prim, CEO of Jack Henry & Associates, reported, “Our acquisition of AudioTel supports our strategy to acquire companies that provide additional complementary solutions we can cross sell to our core financial institution clients, that generate new cross-sale opportunities among our respective client bases, and that expand the specialized products and services our ProfitStars™ division sells to virtually any financial services organization regardless of core processing platform. We have identified synergies among our respective product lines, and we are particularly excited about the opportunity to enhance our enterprise payments offering with AudioTel’s thick/client remittance processing and lockbox solution, and to advance our 4|sight™ Check Imaging platform with AudioTel’s branch capture solution.”

According to Scott Doores, President of AudioTel Corporation, “We believe joining Profitstars and Jack Henry is in the best interest of our clients, our employees, and the future of our products and services. We expect access to Profitstars’ significant resources and technology tools will expedite our speed-to-market with ongoing functional enhancements. The opportunity to leverage its extensive support infrastructure will enable us to continually enhance our customer service initiatives. Joining Jack Henry will provide the stability only available as part of a public, financially sound company. And we are excited about our common corporate cultures, which are fundamentally focused on establishing long-term customer relationships by delivering quality products and outstanding service.”

“AudioTel marks Jack Henry & Associates’ 17th acquisition made to support our focused diversification strategy, which we adopted in 2004. We are especially excited about acquiring this company since it adds more products and services to our ProfitStars brand than any other focused diversification acquisition made to-date. In addition to enhancing ProfitStars’ market presence and potential, we expect this acquisition will have a slightly accretive impact on EPS for the remainder of our fiscal year 2008,” concluded Kevin Williams, CFO of Jack Henry & Associates.

SAP Launches Corporate-to-Bank Connectivity Service Offering for Banks

Service Package to Offer Banks Insight on Cost Savings and Value-added Services behind Standards-based Integration with Corporations
(From PRNewswire – Oct. 1, 2007)

SAP AG today announced a new service offering for banks to help them prepare for and take advantage of the latest technological advances in corporate-to-bank connectivity. The SAP consulting package outlines the benefits of standards-based, real-time corporate-to-bank connectivity in reducing costs and IT complexity while increasing wallet share and enhancing customer satisfaction. The announcement was made at Sibos, the world's premier financial services event, being held in Boston, October 1-5. The go-to-market service offering will be complementary to the SAP® Bank Relationship Management application and SAP Integration Package for SWIFT, a standardized software solution linking SAP ERP directly to SWIFTNet, the IP-based messaging platform connecting nearly 8,100 financials institutions in 208 countries and territories. The consulting package was developed to provide banks an educational resource to better leverage the potential of standards-based corporate-to-bank connectivity based on XML messages.

A recent study, "Are You a Strategic Thinker" conducted by financial news services Finextra and SAP found that over 86 percent of respondents who are responsible for payments are embracing the new XML message types. But of these respondents, 32 percent are only interested in using this standardization for interbank connections. Such a finding demonstrates the need for better understanding of utilizing XML messaging for corporate-to-bank connections. Today, banks and corporations maintain multiple payment channels and communication lines, often haphazardly integrated with ERP and transactions systems. This complexity increases business inefficiencies and security gaps and leads to higher support costs. With the SAP consulting package for bank connectivity, banks will be able to move away from proprietary applications to streamline payment cycles, consolidate security log-in points and improve compliance management. Additionally, specific value-added services can be delivered through the offering based on customer preferences. "With this additional service, banks will be able to enlarge their offering for their corporate customers," said Christian Kothe, head of SWIFT Central & Eastern Europe. "Unified corporate-to-bank connectivity will, over time, benefit both banks and corporations as the corporate offerings continue to evolve. This offering was a natural progression of the partnership SWIFT has with SAP." "With the evolution of standardized protocols and ERP applications, the opportunity now exists to create a fully contained corporate-to-bank ecosystem for all financial transactions," said Karl Kesselring, vice president OEM Sales & Partner Management, Global Banking Line of Business, SAP Labs, LLC. "Corporations have been the main protagonist in the popularity of corporate-to-bank connectivity, but banks have their own important role to play. Through the SAP consulting package for bank connectivity, our customers will get a better picture of what their vested interests are in this new framework and will give them the proper tools to build the framework from their end."

Setting Trade Show Expectations

By Mark Brousseau

Go to any trade show – big, small, crowded or sparsely attended – and you’re sure to hear some vendors grousing about how lousy it was. Quite often, the problem isn’t the trade show; it’s the lack of objectives and expectations that the grumbling exhibitors set for the show.

Many exhibitors try to determine their expectations for trade show expenditures after the fact. These same companies would never dream of embarking on a product development initiative without setting clear objectives, so why in the world would they spend considerable time and money on a trade show without doing the same?

What companies need to do is define clear objectives and expectations before ever placing a deposit on their booth space. These objectives might include generating a specific number of leads, building corporate visibility, meeting potential partners, coddling key customers, providing so many product demonstrations, or creating buzz about a concept.

With these objectives in place, exhibitors avoid the sliding scale of expectations that typically leads to disappointment (and uncomfortable conversations with the senior management who sign off on the expenditures). These objectives also enable exhibitors maximize their expenditures by helping ensure that they don’t buy too much (or too little) booth space, bring too many people (or the wrong people), print the wrong product collateral (or too much), have a needless or inappropriate booth giveaway (more on this another day), or create the wrong product demonstrations or booth signage. Want to know more? E-mail me at m_brousseau@msn.com.