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CEY Certegy

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Share Name Share Symbol Market Type
Certegy NYSE:CEY NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Certegy To Provide Check Authorization and Collection Services To Albertsons Stores Nationwide

20/04/2005 11:25pm

PR Newswire (US)


Certegy (NYSE:CEY)
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Certegy To Provide Check Authorization and Collection Services To Albertsons Stores Nationwide ST. PETERSBURG, Fla., April 20 /PRNewswire-FirstCall/ -- Certegy Inc. (NYSE:CEY) has been selected to provide its Pathways(R) point-of-sale check verification and collection services to over 2,500 Albertsons food and drug stores nationwide. The new service, which is scheduled to be fully implemented in the second quarter, broadens Certegy's existing agreement to provide payroll and government check cashing services in over 1,400 Albertsons' supermarket locations. Albertsons is one of the world's largest food and drug retailers with over 2,500 stores in the U.S., including the flagship Albertsons' supermarket locations, Acme, Shaw's, Jewel-Osco, Savon Drugs and Osco Drug. Certegy's end-to-end risk management solution allows retailers to approve more transactions quickly and accurately, resulting in higher sales and increased customer satisfaction. Certegy also lowers the overall cost of check acceptance by reducing risk and streamlining back office operations. "We are extremely pleased to expand our relationship with Albertsons," stated Jeff Carbiener, executive vice president and group executive - Certegy Check Services. "This new agreement strengthens our growing presence in the grocery industry and demonstrates our ability to penetrate new vertical markets." About Certegy Inc. Certegy (NYSE:CEY) provides credit and debit processing, check risk management and check cashing services, merchant processing and e-banking services to over 6,500 financial institutions, 117,000 retailers and 100 million consumers worldwide. Headquartered in Alpharetta, Georgia, Certegy maintains a strong global presence with operations in the United States, United Kingdom, Ireland, France, Chile, Brazil, Australia, New Zealand, Thailand and the Caribbean. As a leading payment services provider, Certegy offers a comprehensive range of transaction processing services, check risk management solutions and integrated customer support programs that facilitate the exchange of business and consumer payments. Certegy generated over $1.0 billion in revenue in 2004. For more information on Certegy, please visit http://www.certegy.com/. Forward-Looking Statement The statements in this release include forward-looking statements that are based on current expectations, assumptions, estimates, and projections about Certegy and our industry. They are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of Certegy's control, that may cause actual results to differ significantly from what is expressed in those statements. Factors that could, either individually or in the aggregate, affect our performance are described in detail in the section entitled "Certain Factors Affecting Forward-Looking Statements" in our 2004 Annual Report on Form 10-K filed on March 11, 2005, with the SEC. DATASOURCE: Certegy Inc. CONTACT: Mary Waggoner, SVP - Investor Relations of Certegy Inc., +1-678-867-8004 Web site: http://www.certegy.com/

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