Carreker Corporation Press Release - November 3, 2000

Carreker Corporation Announces Completion of Public Stock Offering

DALLAS, Nov. 3 /PRNewswire/ -- Carreker Corporation (Nasdaq: CANI), a leading provider of e-finance enabling solutions to the financial industry, today announced the completion of a follow-on offering of 4,500,000 shares of Common Stock at a price of $17.00 per share. Of the 4,500,000 shares being offered, 2,000,000 shares were offered by the Company and 2,500,000 shares were offered by selling stockholders. Some selling stockholders have also granted the Underwriters an option to purchase up to an additional 675,000 shares to cover over-allotments, if any. The Company will not receive any of the proceeds from the sale of shares by the selling stockholders. The underwriting will be managed by a group led by Robertson Stephens, Inc., Chase Securities Inc. and U.S. Bancorp Piper Jaffray Inc.

Net proceeds received by Carreker from the offering will be used for working capital, general corporate purposes and possible future acquisitions.

Carreker is a leading provider of integrated consulting and software solutions that enable banks to identify and implement e-finance solutions, increase their revenues, reduce their costs and enhance their delivery of customer services. Carreker's offerings fall into four groups, including Revenue Enhancement, Payment Solutions, Enterprise Solutions and Cash Solutions.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or jurisdiction.

A final prospectus relating to the offering may be obtained from Robertson Stephens, Inc., at 555 California St., San Francisco, CA 94104, 415-781-9700; Chase Securities Inc. at 1 Bush Street, San Francisco, CA 94104, 415-439-3000; or U.S. Bancorp Piper Jaffray at 800 Nicollette Mall, Minneapolis, MN 55402, 612-303-6000.

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" set forth in the Company's annual report on Form 10-K/A filed on October 3, 2000 and in other reports and documents filed by the Company with the Securities and Exchange Commission from time to time.

SOURCE Carreker Corporation

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