Carreker Corporation Press Release - January 5, 1999

Carreker-Antinori Announces Liquidity Management Contracts

(Dallas, TX January 5, 1999) — Carreker-Antinori, Inc., (Nasdaq: CANI), a leading provider of consulting and software solutions to financial institutions, announces that the company has been engaged by one of the top ten banks in the U.S. to install the Carreker-Antinori suite of Liquidity Management Solutions. These contracts represent reserve reduction solutions previously purchased by the bank that are currently being installed and new cash reduction solutions contracts.

"These contracts with this client serve to clearly maintain our Liquidity Management Solution as the conspicuous market leader," said J. D. Denny Carreker, chairman and chief executive officer of Carreker-Antinori. "The reason for our success is that Carreker-Antinori, as a solutions company, is the only company that integrates reserve requirement and cash reduction technologies with consulting expertise. This close integration of both is essential to any successful implementation," he added.

These contracts announced today will have a significant earnings impact for Carreker-Antinori’s client. Mr. Carreker noted, "In fact, the actual reductions in reserve requirements and physical cash achieved to date by our Liquidity Management Solutions have had a material impact on the financial statements of all our Liquidity Management clients." The engagements involve aggressively reducing reserve requirements and cash inventories (including all of the bank’s branches, ATMs, and cash vaults) at its affiliated banks. Carreker-Antinori Liquidity Management professionals will partner with a cross-functional bank project team to re-structure bank policies and procedures around integrated technology solutions. Specifically, the bank will utilize the ReserveLink™ system, which was previously purchased, to minimize its reserve requirements, the CashTracker™ and Branch CashForecaster™ systems to reduce its branch and central vault cash inventories, and the ATM CashForecaster™ system to manage its remote ATM inventories and third party ATM vendors.

The first liquidity management product, ReserveLink, was released in 1996, and is now in production at 115 banks, and collectively these banks are now enjoying an average daily reduction in reserve requirements of almost $1 billion. The CashTracker, CashForecaster and ATM.

CashForecaster products, released in early 1998, are currently in production in over 3,000 bank branches and ATMs in ten bank holding companies – who collectively anticipate reducing their average daily cash balances by almost $500 million. Analysis Advantage, a wholesale customer pricing tool that reduces account analysis reserve charges to selected customers, was released in August. All of these products are market share leaders.

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