Carreker Corporation Press Release - March 27, 2000

Carreker Corporation and Accurate Software Announce Strategic Alliance

Partnership to Provide Banking Market with Comprehensive Reconciliation Solution

(DALLAS, March 27, 2000) – Carreker Corporation* (NASDAQ: CANI) and Accurate Software today announced a strategic agreement under which Carreker will offer Accurate’s Bankrec™ Corporate - a highly configurable and flexible account reconciliation tool - as a foundation of a comprehensive reconciliation solution. The immediate availability of a new approach combining Accurate’s Bankrec technology with Carreker's world-class, bank-specific consulting expertise, will allow financial institutions to fully automate reconciliation functions, significantly reducing the amount of time spent on reconciliation while greatly improving accuracy.

"Carreker recognized a market need to improve throughput and reduce risk within the reconcilement arena, and we went in search of the best-of-breed product solution to meet this demand," said Jack Davis, executive vice president and managing director, Carreker Corporation. "One of the most exciting aspects of the alliance is that the product is not simply for reconciliation. It is a sophisticated matching engine with applications in fraud reduction, financial control and marketing."

Davis continued, "Because of Accurate’s established presence in the European, North American and Asia-Pacific markets, its focus on reconciliation and its dedication to remaining the premier provider of reconciliation software, the company was a logical choice for a strategic affiliation."

"As banks’ migrate to an e-pay environment, it is vital that fundamental functions, such as reconcilement, are redefined to meet the new demands of the e-commerce market," said J.D. "Denny" Carreker, chairman and chief executive officer, Carreker Corporation. "Combining the impressive flexibility of the product with our unparalleled expertise, we will be able to tailor a reconciliation solution to fit each clients’ evolving e-vision."

"The e-world has caused financial transaction volumes to explode in magnitude and complexity, illuminating the problems with traditional processes and reconciliation applications," said Philip Hall, joint managing director, Accurate Software. "The strategic alliance between Carreker and Accurate is a great example of two specialist providers coming together to create a significant value-add for their clients."

Accurate’s reconciliation solution has already enjoyed considerable success in the worldwide banking sector. While the U.S. and European banking industries differ in some significant respects, financial institutions of all locales and sizes experience the same reconciliation needs, according to Gary Gibbs, Accurate Software’s chief executive officer. When it first established a presence in the U.S. market, Accurate sought a strategic alliance with a key financial services provider with the reputation for credibility, the industry knowledge, and the market presence to attract prospective clients.

"At Accurate, we were impressed with Carreker's reputation among its customers, its focus on partnerships, and the company’s superior solutions offered within the banking industry," said Gibbs. "We also recognize the strength of Carreker’s people. The level of technical and industry expertise among Carreker’s consultants and the strength of the company’s management team assures us that this will be a solid, long-term relationship."

Bankrec Corporate is the first offering within a new business unit created as part of Carreker’s Risk Management Practice. The new unit’s mission is to deliver a comprehensive reconciliation solution that achieves greater efficiencies, increases control, and mitigates risk at an enterprise level.

About Accurate Software – Serving over 1000 global organizations, Accurate Software (www.accuratesoftware.com) has steadily grown to be a market leading provider of automated financial reconciliation and exception management software solutions incorporating best-of-breed technologies with world-class services. Accurate provides solutions to many of the world's leading banks and financial institutions, as well as blue-chip organizations from all industries including J.P. Morgan & Co. Incorporated, British Airways, Sonnet Financial, Tesco Stores and Gap. The company's global presence is supported from its offices in the UK and the United States. Bankrec is a registered trademark of Accurate Software.

*About Carreker Corporation – Carreker Corporation, currently known as Carreker-Antinori, Inc. has recommended to shareholders that the corporate name be changed at the next annual meeting. The company 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. For more information about Carreker-Antinori, please visit our Web site at www.carreker-antinori.com.