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Integrated Media Management Joins Symitar Vendor Program
08/18/2008
Press Release: Relationship Allows Integration of Symitar's Core Processing System and IMM Solutions
LINDEN, N.J., August 18, 2008— Integrated Media Management® (IMM), a document output management and automation technology provider, recently announced that it has joined the Symitar™ Vendor Integration Program (VIP). Participation in this program enables IMM's solutions to tightly integrate with Symitar's Episys® core processing system. This gives joint credit union customers the ability to use IMM's flagship product suite, TotaleWorks, which consists of TotaleAtlas (documents), TotaleReceipts and TotaleChecks as well as TotaleAtlasWeb an online remote digital signature capture solution and secure document delivery service, in an integrated environment.
The Vendor Integration Program is designed to ensure that Symitar customers can easily deploy third-party products. As a new program participant, IMM has integrated TotaleChecks, its server-based software that connects to the credit union's core processor to print online and batch official checks on blank security paper stock. IMM plans to complete the integration of its remaining products with Episys by the third quarter of this year and will demo their solutions at the Symitar Educational Conference in August.
"Symitar's Vendor Integration Program is an unprecedented effort to move beyond merely talking about open systems and connectivity to providing our customers with the access their vendors need to deploy products quickly and easily," said Kathy Hooker Burress, president of Symitar. "We are pleased to welcome IMM to the program and to offer our shared clients a more seamless and efficient operating environment."
Heritage Trust Federal Credit Union, based in Charleston, S.C., has been an IMM customer since 2000, and currently uses all of the TotaleWorks products, which consist of TotaleAtlas, TotaleReceipts, and TotaleChecks. They also employ TotaleAtlasWeb and EZNotice, a solution that prints batch notices on blank paper and utilizes a folder/sealer to create self-mailers. When Heritage Trust FCU completes its conversion to Episys, this credit union will continue to enjoy the benefits of IMM's products and will leverage its investment in those solutions due to the company's VIP membership.
"We have had so much success with IMM's solutions during the years that after we complete the conversion, our top priority will be to continue reducing operating costs and improving efficiency with the full integration of IMM's proven solutions with our new core system," said Robin Ward, vice president of information technology at Heritage Trust FCU. "We have 16,000 members using online banking and as more and more of our membership moves to conducting business via the Internet, we'll be able to address the demand with TotaleAtlasWeb, making IMM's partnership with Symitar something that will benefit the credit union far in to the future."
"Symitar is a highly respected provider of core system technology and as a result, many credit unions enjoy working with the company," explained Chuck Klein, CEO at IMM. "Our participation in Symitar's VIP ensures that our customers can benefit from both Symitar's technology and our innovative paperless solutions."
About Symitar
Symitar, a division of Jack Henry & Associates, Inc.® (Nasdaq: JKHY), is the leading provider of integrated computer systems for credit unions of all sizes. Symitar currently serves more than 600 credit unions as a single source for integrated, enterprise-wide automation and as a single point of contact and support. Additional information is available at www.symitar.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (Nasdaq: JKHY) is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 8,700 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking™ supports banks ranging from de novo to mid-tier institutions with information and transaction processing solutions. Symitar is the leading provider of information and transaction processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com.
About Integrated Media Management
Integrated Media Management® (IMM) specializes in document output management and automation technology and is based in Linden, N.J. IMM's products are in place at more than 600 financial institutions nationwide and they are currently partnered and interfaced with nine host processors and all the major compliance vendors.
Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.