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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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