Carreker Corporation Press Release - May 3, 2000

Carreker Corporation Announces Intent To Acquire X-Port Software Enterprises

(DALLAS, May 3, 2000) - Carreker Corporation* (NASDAQ: CANI), a leading provider of e-finance enabling solutions to the financial industry, today announced its plans to acquire X-Port Software Enterprises of Toronto, Canada.

X-Port is a global provider of centralized cash processing technology through its Vault Management Software that supplies banks and armored carriers with "real-time" cash transaction processing . X-Port's industry-leading technology also provides an e-commerce, cash-handling capability among banks, depository customers and armored carriers. X-Port's products currently are installed at Scotia Bank, INTRIA Items Inc., and Dunbar, businesses that currently process $1 to $1.5 billion in cash on a daily basis.

The proposed acquisition reinforces Carreker's commitment to becoming the world leader in currency management technology and services, according to J.D. "Denny" Carreker, President and Chief Executive Officer of Carreker.

"This strategic acquisition will solidify Carreker’s position as the world-wide, leader in e-finance enabled cash handling technologies. We are spearheading an industry-wide effort to re-engineer the way banks, retailers, and armored carriers conduct the multi-billion dollar cash handling business in the U.S., U.K., Canada, and Australia," Carreker said. Whether cash processing is performed internally by banks or outsourced to third party vendors, Carreker's web-based products provide cash handling solutions that integrate software, hardware, and communication technologies to automate the manually intense processing environment that exists today.

X-Port President David J. Kelly predicts dramatic cost savings for clients through the shared knowledge gained as a result of the proposed acquisition.

"We see an exciting opportunity to leverage Carreker's worldwide armored carrier and banking relationships to market our 'best-of-breed' cash processing technologies. The synergies between our companies and products can create a unique, integrated, value-added solution that can enable our clients to reduce cash handling expenses by 25 to 50 percent," Kelly said.

Royce Brown, Carreker's Vice Chairman, sees additional synergies between X-Port and Carreker's other recent acquisitions of AIS, an ATM fault management and communications provider, and The McHale Group, a transportation consulting firm. Brown comments: "Combined with our recent investments in other leading cash handling software and industry expertise, the proposed X-Port acquisition represents the last stitch in a well-woven tapestry of cash related products and services. The cash handling business is entering a paradigm shift similar to what the banking industry experienced with check processing in the early 80's," Brown said.

Jim McHale, Carreker Senior Vice President and Managing Director of the Currency Management Group, said the proposed acquisition will enable Carreker to provide a complete suite of currency management technologies and services to the industry. "Our company's objective is to provide our banking customers with an end-to-end, Enterprise Resource Planning (ERP) solution that will automate the processing, tracking, reconciling, monitoring, and reporting of the cash product," McHale said.

*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 e-finance enabling solutions allowing 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 United States, 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.com.com.

SOURCE Carreker Corporation

CONTACT: Terry Gage of Carreker Corporation, EVP & CFO, 972-371-1454, fax:972-458-2567.