Carreker Corporation Press Release - December 21, 1998

Carreker-Antinori Announces Two New Yield Management Contracts

(Dallas, TX December 21, 1998) — Carreker-Antinori, Inc. (Nasdaq: CANI), a leading provider of consulting and software solutions to financial institutions, announced today that it has signed two new major contracts. Both of these contracts are with top ten U.S. Tier I banks ($50 billion or more in assets). The contracts are for Carreker-Antinori’s Yield Management services, which have historically represented approximately 30% of the company’s total revenue.

"We continue to meet a great deal of success with our strategy of cross-selling to existing customers. This is clearly a reflection of the tremendous value we bring to our bank customers, who utilize Carreker-Antinori as a strategic business partner. These solutions create new and improved revenue streams which will enable our clients to fund additional cost reduction initiatives," said J. D. "Denny" Carreker, Chairman and CEO of Carreker-Antinori.

Both of these new contracts are value priced, meaning that in addition to an initial booking, Carreker-Antinori will recognize revenue as a pre-determined percent of the value gained by its bank clients. Offering what is essentially a risk free solution, Carreker-Antinori has historically, through similar engagements, added value for Tier II banks ($5 - 50 billion in assets) of approximately $1 million for every $2 billion in a bank’s assets. Revenue related to value priced engagements is recognized on an ongoing basis, through the life of the engagement, which is typically 5 to 6 months.

For additional information, please contact Public Relations, at 14001 N. Dallas Parkway, Suite 1100, Dallas, Texas 75240.