ATLANTA , July 19, 2004 (PRIMEZONE) -- Harland Financial Solutions, a wholly owned subsidiary of John H. Harland Company (NYSE:JH), announced today that more than 70 customers have signed up for the new Windows(R)-based CuServ(TM) Evolution release of its in-house data processing system for credit unions. Implementation of these credit unions to the new system is currently underway.
The CuServ in-house data processing system is a cost-effective, turnkey hardware and software solution designed for smaller credit unions. The rollout of CuServ Evolution features a new Windows-based teller platform that includes item processing for share drafts, loans, deposits, payroll, and an integrated general ledger. A robust report writer and image ID capability is also available, along with optional features for Internet banking, telephone banking, credit bureau reporting and workflow management.
Two of the early adopters of CuServ Evolution shared their views. "We've been a satisfied customer ever since we started with CuServ back in 1994," said Sue Jeffers, Manager of Coca-Cola United Federal Credit Union. "We are excited about the CuServ Evolution Windows application and the functionality and ease of operation it now provides our employees and members. We're proud to be a partner with a company like Harland Financial Solutions that keeps pace with changing technology, and one that consistently provides quick and informative support."
Julia Havens, Manager of RiverView Federal Credit Union, added, "CuServ Evolution provides our credit union with additional efficiencies by reducing training time. Our credit union is now equipped to provide enhanced member service and add additional products and services."
CuServ currently serves over 250 credit unions nationwide. In addition to CuServ Evolution, Harland Financial Solutions offers the ULTRADATA System serving over 425 credit unions nationwide in an in-house and service bureau environment.
Bob Demeter, Director of Operations for the CuServ business, concluded, "What we've done is taken all of the most common credit union processing transactions and put them into a point-and-click Windows environment. By operating just a handful of screens, credit union employees are now better equipped to handle transactions quickly and provide better member service. In addition, the Windows design helps reduce training time for both new and existing employees."
About Harland Financial Solutions
Harland Financial Solutions (www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes. Harland Financial Solutions is a leader in deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems, customer relationship management systems, 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.
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.