ATLANTA, Jan. 13, 2004 (PRIMEZONE) -- Harland Financial Solutions, Inc., a subsidiary of John H. Harland Company (NYSE:JH), today announced that it has been selected by CUNA & Affiliates as its endorsed provider of compliant business lending and customer relationship management technology. This alliance allows CUNA to address the growing demand for solutions that expand and improve the services delivered by credit unions to their members. Under the arrangement, Harland Financial Solutions will provide its Laser Pro(r) Compliant Loan Origination Solution and its Touche(r) Customer Relationship Management Solution to CUNA's member credit unions.
This latest announcement marks an expansion of the relationship with Harland established by CUNA last year. As part of that agreement, CUNA and participating state leagues began marketing Harland's share draft printing services to credit unions nationwide.
"We are pleased to announce an expanded relationship with Harland," says Wes Millar, vice president of strategic alliances for CUNA. "Harland Financial Solutions delivers strategic value by helping credit unions address the emerging lending needs of their small business members, and by improving the overall quality of service they deliver to all members."
The Laser Pro solution for member business lending offers warranted federal and 50-state document compliance for all phases of the lending process from application through closing. Laser Pro makes it easy for a credit union to handle virtually any type of business loan request. Covering a full range of borrower, collateral, and loan types, the system's dynamic documents quickly process streamlined transactions for small business loans.
Touche Customer Relationship Management is a comprehensive, multi-faceted CRM solution. It encompasses the analytical, sales and service, interactive messaging and consulting aspects that are proven to help credit unions achieve their member service and sales goal. Hundreds of credit unions nationwide use at least one component of the system. With Touche, credit unions have the business intelligence they need to analyze member segments, profitability, demographic profiles, and future product needs. Equally important is the ability to use that knowledge at the point of member contact to improve service levels. This is accomplished through enterprise-wide contact management, program resolution, referral management, sales tracking and campaign management.
"We believe that our strong relationship with CUNA translates directly into increased competitive advantage for all credit unions," said Rusty Beckel, Harland Financial Solutions' vice president of strategic alliances. "They enjoy the benefits of our proven technology solutions with the peace of mind associated with CUNA's comprehensive strategic alliance selection process."
Laser Pro and Touche are registered trademarks of Harland Financial Solutions, Inc.
About CUNA
With its network of affiliated state credit union leagues, Credit Union National Association serves more than 90% of America's 10,000 credit unions, which are owned by more than 83 million consumer members. Credit Unions are not-for-profit cooperatives where people are worth more than money. For more information, visit http://www.cuna.org.
About Harland Financial Solutions
Harland Financial Solutions (http://www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes. Harland Financial Solutions is a leader in deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems, customer relationship management systems, and compliance training software.
About Harland
Atlanta-based John H. Harland Company (NYSE: JH) (www.harland.net) is listed on the New York Stock Exchange under the symbol "JH." Harland is a leading provider of software and printed products to the financial institution market. Harland's software solutions include, deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems, and customer relationship management systems. Harland's printed products offerings include checks, direct marketing and financial forms. Scantron Corporation (www.scantron.com), a wholly owned subsidiary, is a leading provider of software services and systems for the collection, management and interpretation of data to the financial, commercial and educational markets.
This press release contains statements, which may constitute "forward-looking statements." These statements include statements regarding the intent, belief or current expectations of John H. Harland Company and members of its respective management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Reference is made to the Risk Factors and Cautionary Statements in Harland's Form 10-K and Form 10-Q filed under the Securities Exchange Act.