FOR IMMEDIATE RELEASE
Corum Leads Acquisition of Financialware by Harland Financial
Bellevue, Washington February 2, 2006 Corum Group is proud to announce the acquisition of its client, Financialware, Inc. by Harland Financial Solutions. Financialware is an innovator in check, statement, document, report management, and image exchange software for financial institutions.
There are great synergies between these two companies and the acquisition provides significant benefits to both parties. Harland is in a great position to take Financialware to the next level. Joining Harland enables Financialware to leverage the resources and presence of Harland in current and future markets. Harland in turn, can even better serve its customers requirements by adding enterprise content management to its successful core, lending, mortgage, item and payment processing systems. explains Corums President, Ward Carter.
About Financialware:
Financialware was founded in 1984. The Company provides financial institutions with software and services that combine customer information with content from the check image and report/document worlds in a single web-based archive, delivery and integration solution. Financialwares intelligent solutions were developed to understand the relationships between the stored content and the people that need access to it. This approach gives everyone in the user organization their own personalized view to the information specific to their set of tasks - enabling them to effectively engage in business processes across the enterprise.
About Harland Financial Solutions
Harland Financial Solutions ( www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. Harland Financial Solutions is a leader in core systems, item processing, payment processing, enterprise content management, financial accounting systems, electronic documents, deposit & loan origination, customer relationship management, compliance training, branch automation, check & MICR printing, mortgage lending, and solution consulting.
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. Harlands software solutions include deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems and customer relationship management systems. Harlands printed products offerings include checks, direct marketing and financial forms.
About Corum:
Corum Group Ltd. is the premier provider of M&A services to software and information technology companies worldwide. With ten offices globally, Corum has completed over $5 billion in transactions in 14 countries in its 20-year history, and publishes the software industrys most widely distributed M&A research. Corum is built and staffed by highly experienced former CEOs, who are supported by the industrys leading researchers, writers and valuators. The company has spent more than $20 million to build the worlds largest IT database of software companies worldwide (with over 70,000 contacts) to help ensure unparalleled success in client engagements. For more information visit www.corumgroup.com.
###