Significant Enhancements Rolled Out With 3.6 Version of Retail Online from S1 Enterprise

Date : 06/02/2008 @ 8:00AM
Source : PR Newswire
Stock : S1 (MM) (SONE)
Quote : 7.15  -0.35 (-4.67%) @ 8:00PM
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Significant Enhancements Rolled Out With 3.6 Version of Retail Online from S1 Enterprise

MIAMI and NORCROSS, Ga., June 2 /PRNewswire-FirstCall/ -- S1 Enterprise Customer Conference -- S1 Enterprise, a division of S1 Corporation (NASDAQ:SONE) and a leading global provider of customer interaction software solutions, today announced that significant enhancements are now available as part of the 3.6 version of its S1 Personal Banking, S1 Business Banking and S1 Application Manager solutions.

For the first time, the 3.6 release offers a converged and continuous feature set from S1 Personal Banking through S1 Business Banking. This promotes more flexible packaging of online banking features and functionality for targeted customer groups using the S1 Application Manager. "We are really excited by the opportunity this enhanced version of S1 Enterprise offers to our customers," said Jerry Silva, VP, Product Strategy, S1 Enterprise. "They can implement traditional consumer and business banking; family banking with user entitlements; or consumer banking enhanced with wire transfers. Financial institutions can now create "premium" online banking experiences based on the needs of their local markets." These changes are the foundation for further enhancements to support more flexible and comprehensive segmentation that will be delivered in the 3.7 release, expected later this year.

Additional enhancements in the 3.6 release include a new "My Bank" landing page to enhance the customer experience by introducing a single screen from which nearly 80% of typical online banking activity can be accomplished, more marketing space, and dedicated areas for customers to view quick lists of payments, transfers and notifications, or to take immediate action on required approvals.

"After talking to our customers and the analyst community, we believe we are delivering a unique offering through this product release that the marketplace has been seeking," said Neil Underwood, General Manager, S1 Enterprise Americas -- Retail Online. "The Retail Online suite of products is but one portion of our enterprise portfolio, along with leading corporate banking, trade finance, branch and call center solutions. While we focus on best of breed point solutions, a multi-channel offering enables us to deliver real value to our customers, translating to significant cost savings and increased revenue."

About S1 Enterprise

More than 100 banks and three million consumer, small business, and corporate users worldwide rely on S1 Enterprise solutions to access and manage their financial information. A division of S1 Corporation (NASDAQ:SONE), S1 Enterprise is a leading provider of integrated banking solutions that deliver financial service providers a holistic view of their customers whether online, in the branch or in the call center. Additional information about S1 Enterprise is available at http://www.s1enterprise.com/.

About S1 Corporation

S1 Corporation delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at http://www.s1.com/, http://www.postilion.com/, http://www.s1enterprise.com.com/, and http://www.fsb-solutions.com/.

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at http://www.s1.com/ or the SEC's web site at http://www.sec.gov/) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.

DATASOURCE: S1 Corporation

CONTACT: Jennifer Koon of Michael Mackenzie Communications,

+1-770-645-7990, , for S1 Enterprise

Web site: http://www.s1.com/

http://www.s1enterprise.com/

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