Carreker
Corporation Press Release - October
15, 1999
Carreker-Antinori
Announces Repurchase of Stock to
Fund Stock Option Plans
(Dallas, October 15, 1999) - Carreker-Antinori,
Inc. (NASDAQ: CANI), a leading provider
of integrated consulting and software
solutions to the financial industry,
announced today that its board of
directors has authorized the repurchase
of shares of its common stock in
the open market, with an aggregate
purchase price of up to $1.0 million.
The timing and amount of shares
purchased will depend on prevailing
share market prices and trading volume.
Shares that are acquired through
repurchase will be available for
reissuance in connection with the
exercise of options under the Company’s
stock option plans.
"We believe that repurchasing our
shares at the current market price
represents a good investment opportunity
for the Company," said J.D. "Denny" Carreker,
the Company’s Chairman and
Chief Executive Officer. "We believe
that the long-term prospects for
Carreker-Antinori remain positive
as we continue to build the Company."
For additional information, please
contact Public Relations, Carreker-Antinori,
(800) 486-1981.
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