Carreker Corporation Press Release - April 27, 2000

Carreker Corporation Revenue Enhancement Continues Strong Performance

(DALLAS, April 27, 2000) - Carreker Corporation (NASDAQ: CANI), a leading provider of e-finance enabling solutions to the financial industry, today announced the latest in a series of new Revenue Enhancement management contracts demonstrating the company’s on-going leadership in value enhancement for all levels of the banking industry.

The new engagements with three U.S. banks, each with approximately $10 billion in total assets, represent a continued expansion into the regional banking market. Carreker’s Revenue Enhancement services offer banks the opportunity to generate significant new recurring revenue quickly, beginning as soon as three to six months following approval and implementation of its recommendations. Carreker expects its engagements with these new banks to impact strongly each one’s bottom line.

Over the last six months, Carreker has experienced a significant increase in demand for these projects and, reflecting this increased demand and Carreker’s success in capturing that market, the Company is currently in the process of completing nine engagements compared to three engagements in the first quarter of 1999. Four of the current engagements are with tier-one banks.

"We continue to see an increased emphasis by banks today on top-line revenue growth as the primary driver of shareholder value," said Wyn P. Lewis, Carreker vice chairman. "Our service allows clients to quickly identify and implement revenue enhancement opportunities that have an immediate and significant impact on their bottom line."

"As an example, Franklin Bank, N.A., of Southfield Michigan (a 1999 Carreker client), reported a 26.9 percent quarter-to-quarter increase in deposit service charges for the quarter ending March 31, 2000. The bank credited the Revenue Enhancement program as "the largest contributing factor to this strong revenue increase. First Virginia Bank reported similar results in their first quarter 1999 with service charge income increasing 25.5 percent." Lewis said.

For Carreker, the nine engagements under way are expected to lead to a doubling of revenues generated in the first quarter compared to the same period last year. Likewise, the Revenue Enhancement group has doubled its staff quarter-to-quarter and continues to invest in new software tools to expand the product functionality in response to market demand.

"Carreker has the expertise and experience to consistently deliver strong value for our clients, and our market visibility has reached the point where we are now being asked to present our concepts to a new bank each week." said Lewis. As a result of this increased visibility and our efforts to expand the scope of our projects to include credit card, mortgage, auto finance and trust, we expect our revenue growth to accelerate in the near term.

Carreker Chairman and Chief Executive Officer J.D. "Denny" Carreker agreed that the company’s clients are showing increased interest in such engagements. "What is really exciting for us is that we are finding that many of our clients are using the considerable benefits of our Revenue Enhancement projects to fund the significant budget requirements of their e-commerce initiatives.." Carreker said.

"Our fee income from these engagements is based upon client-approved recommendations. When clients tell others that our Revenue Enhancement services were the largest contributors to increased shareholder value, we benefit from that credibility. Our revenue growth illustrates the extensive impact our engagements are having on client performance," Carreker said.

Carreker Corporation is a leading provider of e-finance enabling solutions that allow 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.

Forward-Looking Statement - In addition to historical information contained herein, other matters discussed in the news release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 32E of the Securities and Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. The Company's future actual results could differ materially from the forward-looking statements discussed herein because of the factors discussed from time to time in the Company's public reports filed with the Securities and Exchange Commission, such as those discussed under "Risk Factors" included in its report on Form 10-K for the year ending January 31, 1999.