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Webb Edwards, Wells Fargo
Services President Joins Carreker
Board of Directors
DALLAS, TEXAS (November 15,
2005) — Carreker Corporation
(Nasdaq: CANI), a leading provider
of technology and consulting solutions
for the financial industry, announced
that Webb Edwards, president of Wells
Fargo Services and executive vice
president of Wells Fargo & Co.,
will join the company’s board
of directors on January 1, 2006.
Edwards has been president of Wells
Fargo Services, the technology and
operations subsidiary of Wells Fargo & Company,
since 1999, responsible for 20,000
employees and a budget of $2.3 billion.
He was previously president of Norwest
Services, Inc., and corporate executive
vice president of Norwest Corporation
in Minneapolis since 1995, when it
was acquired by Wells Fargo in 1999. Earlier
bank operations and technology positions
included executive vice president
of First Interstate Bancorp in Los
Angeles, senior vice president of
Mercantile National Bank in Dallas. He
began his career with the Nashville
Branch of the Federal Reserve Bank
of Atlanta.
Edwards studied for his B.A. and
M.A. in Economics and Finance at
Middle Tennessee State University
and also attended Stonier Graduate
School of Banking, University of
Tennessee Executive Development Program,
Tennessee Young Bankers School, and
Harvard Business School Executive
Training Program.
J. D. (Denny) Carreker, chairman
and chief executive officer of Carreker
Corporation, said, “To have
an executive of Webb Edwards’ caliber
on our board of directors is both
an honor and a significant business
advantage. I should say, however,
that in our company’s 28-year
history, there has hardly been a
time when Webb was not advising us
on our consulting and technology
strategy, usually as a client and
often in his role as industry thought
leader.”
Carreker added, “Most banking
executives acknowledge that Webb
Edwards and a few other banking technology
leaders have not only served their
own banks well, but helped advance
the good of the industry as well. To
the extent that our company is heavily
involved in many multi-bank, cross-industry
technology and strategy initiatives,
Webb’s advice will be invaluable
to us.”
About Carreker Corporation
Carreker Corporation
improves earnings for financial institutions
around the world. The Company’s
integrated consulting and software
solutions are designed to increase
clients’ revenues and reduce
their expenses, while improving security
and increasing the value of their
customer relationships. Carreker
provides products and services to
more than 250 clients in the United
States, Canada, the United Kingdom,
Ireland, continental Europe, Australia,
New Zealand, South Africa, South
America, Mexico, and the Caribbean. Clients
include the full range of community,
regional and large banks, among them
more than 75 of the largest 100 banks
in the United States. Headquartered
in Dallas, Texas since 1978, Carreker
Corporation has offices in London
and Sydney. For more information,
visit www.carreker.com.
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