Carreker Corporation Press Release - March 21, 2000

Carreker To Help Banks Secure A Central Role In E-Commerce: Payments Leader Announces New Positioning for E-Commerce-Enabling Solutions that Transform Bank Core Competencies into Profitable B2B Lines of Business

(DALLAS, March 21, 2000) - Carreker-Antinori, Inc. (NASDAQ: CANI), the long-time provider of payments software and services to the banking industry, announced a major repositioning of the company to help lead the banking industry in maximizing its e-commerce opportunity. The announcement includes three parts: a comprehensive vision for a significant e-commerce role for banks in business-to-business e-commerce, a realignment of the company’s solutions to facilitate banks’ e-commerce role, and a new name and tagline for the company.

GartnerGroup has estimated the worldwide business-to-business e-commerce market at $7.29 trillion by 2004, while Forrester Research projects the U.S. portion to reach $1.3 trillion by 2003. Leading banks have, in recent weeks, individually announced their intention to invest heavily in exploring their B2B e-commerce opportunity.

Carreker’s vision for banks’ e-commerce role was summarized by Chairman and CEO Denny Carreker. "As banks’ corporate customers deploy their own e-commerce strategies, they are quickly finding they need to be proficient at things they have never done before. Banks already perform these functions with high levels of quality and efficiency but as internal cost centers. By converting these functions to value-added services that support their customers’ e-commerce activities, banks stand to participate directly in an exploding new business, profiting from new revenue while also forging powerful new customer relationships."

Carreker went on to describe some of the bank core competencies that e-commerce companies are seeking: fraud mitigation information and processes, payment and settlement, archiving of transaction information, research and adjustments, customer relationship management (CRM) activities across all channels (in person, through the call center, at the Web site).

"It’s a natural for banks," he added. "Not only do they have the right information and deep expertise in these areas, but they also have their regulated role at the heart of the payment system. What that adds up to is a position of enormous trust in banks that hands them the initiative for redefining the boundaries in business-to-business e-commerce."

Carreker concluded, "Banks, like every industry you can name, have to re-evaluate their value proposition in light of the Internet. The driving question is: Do you have core competencies that will be essential for e-commerce? For banks, the answer is ‘Yes’. Likewise for our company, a long-time partner in developing those core competencies in banks and now offering leadership and solutions for the Internet economy, the answer is also a resounding ‘Yes’."

That vision accounts for the company’s new tagline, enabling e-finance solutions™.

The company’s new name is simply Carreker Corporation™. This new name will be recommended to shareholders for ratification at the company’s annual shareholder meeting. Independent market research showed that clients found the name Carreker to have strong brand equity in terms of the qualities they value: reliability, innovation, leadership, and expertise.

Carreker’s solutions have been realigned into three "suites," each representing a core set of capabilities that banks will require if they are to maximize their e-commerce opportunity. The Carreker solutions suites are:

• ePay™ – software and consulting services that assist banks in transitioning from paper-based payment systems to electronics.
• eCash™ – e-commerce solutions that enable banks to realize a return from their non-earning cash assets.
• eBusiness™ – consulting services that help banks define and realize their full revenue potential from the Internet economy.

The company also displayed a new logo that underscores its commitment to helping banks in their e-commerce business. The logo repeats the ‘C’ for Carreker to form an ‘E’ for e-commerce, and can be viewed on the Web at http://www.carreker.com/newlogo.htm.

About Carreker-Antinori - Carreker-Antinori, Inc. is a leading provider of integrated consulting and software solutions that enable banks to increase revenue and/or reduce costs, while leveraging institutions’ existing core competencies in order to realize their e-commerce potential. The Company's offerings include revenue enhancement, payment systems, and e-business solutions. The Company's customers include 170 financial institutions in the U.S., Canada, United Kingdom, Ireland and Australia, including 70 of the largest 100 banks in the United States.