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S1 Corporation: S1 Corporation and Clickatell Partner to Provide On-Demand Text Banking; Financial Institutions Around the World Gain Access to the Benefits of SMS
[June 04, 2008]

S1 Corporation: S1 Corporation and Clickatell Partner to Provide On-Demand Text Banking; Financial Institutions Around the World Gain Access to the Benefits of SMS


(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:04062008

S1 Enterprise Customer Conference 2008, Miami, FL and Norcross, GA- S1
Corporation (Nasdaq: SONE), a leading global provider of customer
interaction software solutions for financial and payment services, and
Clickatell, a leading global mobile messaging provider,today announced
a partnership to provide on-demand text-based mobile services through
the S1 Enterprise and Postilion Internet Banking solutions.

S1 Enterprise and Postilion customers across the globe will be able to
take advantage of the on-demand capabilities of SMS banking and
payments services, including account balance inquiries, funds
transfers, account alerts and person-to-person (P2P) payments. The
two-way SMS service enables users to proactively manage their finances
and monitor potential fraud via their mobile phones. Clickatell's
global messaging gateway delivers transactions and alerts to and from
cell phones over 700 networks in more than 200 countries.

"Clickatell complements our comprehensive mobile offering which
includes SMS and mobile Internet banking and payments services," said
Mike Jackson, S1's Vice President of Product Strategy. "As we looked to
make a decision among mobile gateway providers, Clickatell was the
right fit given the company's global reach, enterprise expertise, and
ability to provide the quality of service needed for our banking and
payments customers worldwide."

Red Gillen, banking analyst for Celent, a leading analyst firm
commented, "Given the familiarity with SMS, high cell phone
penetration, and ease of implementation, text messaging is a primary
driver for mobile banking. Basic SMS alerts are unique in that they
are the mobile technology that can reach out and find banking customers
to manage account balances, move money between accounts, detect fraud
in real-time, and much more. As banks continue to roll out their
mobile strategies, SMS should be a priority, given its relatively fast
implementation timeline and usefulness to consumers."

"S1 Enterprise, Postilion and Clickatell have extensive experience in
providing services to the financial community - it makes perfect sense
that we would team up to provide financial institutions with on demand
access to text banking," said Pieter de Villiers, CEO of Clickatell.
"As banks continue to reach out to an increasingly mobile customer
base, they require the ability to communicate interactively with their
customers in a secure, real-time manner. We look forward to working
with S1 Enterprise and Postilion to help deliver on-demand text-based
mobile services to their sizable customer base."

About S1 Enterprise

More than 100 banks and three million consumer, small business, and
corporate users worldwide rely on S1 Enterprise solutions to access and
manage their financial information. A division of S1 Corporation
(Nasdaq: SONE), S1 Enterprise is a leading provider of integrated
banking solutions that deliver financial service providers a holistic
view of their customers whether online, in the branch or in the call
center.

About Postilion

Postilion, a division of S1 Corporation (Nasdaq: SONE), is a leading
provider of integrated solutions for self-service banking and payment
processing. Our offices, on five continents, serve over 1,500 customers
in more than 50 countries. Postilion solutions drive self-service
financial transactions and payments, including advanced transactions
such as prepay, through Internet access points, ATMs, POS terminals,
and phones.

More than 100,000 ATMs and 500,000 POS terminals worldwide run on
Postilion solutions. In the United States, over 1,250 credit unions and
community financial institutions use Postilion solutions. Built on open
systems, Postilion solutions provide consolidated management
information, card management, 3DES and EMV enablement, and loyalty
management. At the forefront of compliance with new regulations and
security enhancements, such as the Payment Card Industry Data Security
Standard (PCI DSS) and Visa's Payment Application Best Practices
(PABP), Postilion can help customers achieve compliance with the latest
data security standards developed by the payment card industry.

About S1 Corporation

S1 Corporation (Nasdaq: SONE) delivers customer interaction software
for financial and payment services and offers unique solution sets for
financial institutions, retailers, and processors under three brand
names: Postilion, S1 Enterprise and FSB Solutions.



About Clickatell

Clickatell enables businesses, governments and communities to leverage
the ubiquity of mobile messaging to inform, alert, notify, transact,
interact and share information. Delivering mobile messaging solutions
since 2000, Clickatell is a global leader in mobile communications
specializing in bulk messaging services and SMS gateway connectivity to
small, medium and large enterprises in a variety of vertical markets.
Clickatell's multi-modal capability and worldwide coverage gives
organizations the power to deliver any message to any device anywhere
in the world. Reaching more than 700 networks in more than 200
countries, Clickatell serves 8,300 customers including Barclays Bank,
BBC, Continental Airlines, CNN, First National Bank, Metropolitan Life,
Oracle, Shell, and other industry leaders. Clickatell products and
services increase customer acquisition, improve loyalty and build
trusted brands through direct, personal, easy, and immediate
communications. A Sequoia-backed company, Clickatell is headquartered
in Redwood City, CA, and has offices in South Africaand the UK. For
more information, please
visithttp://www.clickatell.com/central/campaigns/redir.php?cid=28403.


Forward-Looking Statements

This press release contains forward-looking statements within the safe
harbor provisions of the Private Securities Litigation Reform Act.
These statements include statements with respect to our financial
condition, results of operations and business. The words "believes,"
"expects," "may," "will," "should," "projects," "contemplates,"
"anticipates," "forecasts," "intends" or similar terminology identify
forward-looking statements. These statements are based on our beliefs
as well as assumptions made using information currently available to
us. Because these statements reflect our current views concerning
future events, they involve risks, uncertainties and assumptions.
Therefore, actual results may differ significantly from the results
discussed in the forward-looking statements. The risk factors included
in our reports filed with the Securities and Exchange Commission (and
available on our web site at www.s1.com or the SEC's web site at
www.sec.gov) provide examples of risks, uncertainties and events that
may cause our actual results to differ materially from the expectations
we describe in our forward-looking statements. Except as provided by
law, we undertake no obligation to update any forward-looking
statement.

CONTACT: Kelly Brieger, Clickatell USA
Tel: +1 650 704 1748
e-mail: [email protected]
Elzaan Rohde, Sentient Communications
Tel: +27 21 422 4275
e-mail: [email protected]
Leisha Richardson, Postilion
Tel: +1 512 336 3028
e-mail: [email protected]
WWW: http://www.postilion.com
S1 Enterprise
WWW: http://www.s1enterprise.com
S1 solutions
WWW: http://www.s1.com
WWW: http://www.postilion.com
WWW: http://www.fsb-solutions.com

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Copyright ? 2008 M2 Communications Ltd.

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