Banking Pioneer, Civic Leader Ronald G. Steinhart Joins Carreker Corporation's Board of Directors

Apr 27, 2001, 01:00 ET from Carreker Corporation

    DALLAS, April 27 /PRNewswire/ -- Carreker Corporation (Nasdaq:   CANI), a
 leading provider of e-finance enabling solutions to the financial industry,
 today announced that Ronald G. Steinhart, a leader in the Dallas financial
 community for more than 37 years, has been appointed to the company's Board of
 Directors.
     "We are extremely pleased to welcome Ron to the Carreker Board of
 Directors," said J.D. "Denny" Carreker, Chairman and Chief Executive Officer
 of Carreker Corporation. "As a long-time leader in the banking and financial
 services community, Ron brings a wealth of experience, knowledge and
 relationships to Carreker.  We look forward to his guidance and counsel and
 expect a long, successful partnership."
     Mr. Steinhart has held a number of executive positions within the Dallas
 financial community beginning in 1969, when he teamed with a group of
 investors to charter or purchase six banks through 1980.  In 1980, he joined
 the senior management of InterFirst Corporation and became President and Chief
 Operating Officer a year later.  In 1998, he led a group of investors to
 establish the Deposit Guaranty Bank.  Renamed Team Bank after the acquisition
 of the former Texas American Banks in 1990, Mr. Steinhart served as the bank's
 Chairman and Chief Executive Officer.  In November 1992, Team Bank, having
 grown to over $5.5 billion in assets, merged with Bank One Texas and he was
 named President and Chief Operating Officer.  Later, Mr. Steinhart was
 appointed Chairman and CEO of the corporation's Commercial Banking Group and a
 member of the Management Committee.
     Mr. Steinhart said he is impressed with the leadership and vision of
 Carreker Corporation.
     "Carreker Corporation long has been a thought-leader and innovator in the
 financial services industry.  Carreker possesses a vision and business model
 unlike any other and I am pleased to have the opportunity to participate with
 Denny and his team in advancing its strategy for the benefit of clients,
 shareholders and employees," Steinhart said.
     Mr. Steinhart is a graduate of the University of Texas and holds a
 Bachelor of Business Administration degree in accounting and a Masters of
 Business Administration in finance.  He is a Certified Public Accountant and
 currently serves as a Director of NCH Corporation and United Auto Group, Inc.,
 and a Trustee of Prentiss Properties Trust and MFS/Sun Life Series Trust.
     Additionally, Carreker also announced that Wyn D. Lewis is retiring as an
 officer and Director. During his long career with Carreker, he has served as
 Vice Chairman of the Office of the President beginning in September 1999 and
 as Executive Vice President and Managing Director from March 1996 until 1999.
 From March 1993 to March 1996, Mr. Lewis served as Vice President and Managing
 Director.  Mr. Lewis will continue his affiliation with the company in a
 part-time advisory capacity.
     "Over the years, Wyn has provided the company with invaluable leadership
 and counsel.  Wyn was instrumental in helping to guide the company during a
 remarkable period of growth and prosperity.  We wish Wyn the best and look
 forward to benefiting from his insight and perspective for many years to
 come," Mr. Carreker said.
 
     About Carreker:
     Carreker, headquartered in Dallas, Texas, 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 e-finance solutions
 use leading-edge technologies to create practical applications for banks and
 their customers.  The Company believes that its 23 years of experience in the
 banking industry, combined with a professional staff and advanced
 technological expertise, allow for customized solutions for banks and other
 financial institutions.  Carreker offerings fall into four groups: Revenue
 Enhancement, which increases banks' revenues through market segmentation and
 improved customer pricing structures; Payment Solutions, which assists banks
 in transitioning from paper to electronic-based payment systems and minimizing
 payment processing expenses; Enterprise Solutions, which integrates systems,
 combines operations and improves workflows and internal operational processes;
 and Cash Solutions, which optimizes inventory management of a bank's cash-on-
 hand, including management of how much cash is needed, when it is needed and
 where it is needed.  Carreker's customer list includes more than 200 financial
 institutions in the United States, Canada, the United Kingdom, Ireland and
 Australia, including 70 of the largest 100 banks in the United States. For
 more information please visit the website at http://www.carreker.com.
 
     Forward Looking Statement -- This document contains forward-looking
 statements based on current expectations that are inherently subject to risks
 and uncertainties.  The words "estimate," "project," "intend," "expect,"
 "believe," "plan" and similar expressions are intended to identify
 forward-looking statements.  The Company's actual results could differ
 materially from those currently anticipated due to a number of factors,
 including, but not limited to, changes in the banking industry's demand for
 the Company's solutions, significant customer concentration and the potential
 loss of a significant customer, variations in operating results, reduction in
 revenues due to pricing arrangements, the infrequent use of long-term
 contracts with customers, the focus of the Company's solutions on e-finance
 opportunities and the chance that they will not be accepted in the
 marketplace, risks associated with rapid growth in the Company's business, the
 inability to attract and retain key personnel, existence of defects or errors
 in the Company's software, ability to develop new technologies and services,
 ability to meet the changing needs of customers, dependence on third-party
 Internet providers and the Internet, intense competition, risks associated
 with strategic alliances and acquisitions, inability to protect the Company's
 proprietary rights, infringement and other claims and related expenses,
 reliance on third-party licenses, volatility in the Company's stock price,
 exposure to risks associated with international operations, reliance on
 independent contractors, governmental regulation and legal uncertainties and
 anti-takeover provisions in the Company's charter documents and under
 applicable law.  These and other factors are 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 Company with the Securities and Exchange Commission from
 time to time.
 
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SOURCE Carreker Corporation
    DALLAS, April 27 /PRNewswire/ -- Carreker Corporation (Nasdaq:   CANI), a
 leading provider of e-finance enabling solutions to the financial industry,
 today announced that Ronald G. Steinhart, a leader in the Dallas financial
 community for more than 37 years, has been appointed to the company's Board of
 Directors.
     "We are extremely pleased to welcome Ron to the Carreker Board of
 Directors," said J.D. "Denny" Carreker, Chairman and Chief Executive Officer
 of Carreker Corporation. "As a long-time leader in the banking and financial
 services community, Ron brings a wealth of experience, knowledge and
 relationships to Carreker.  We look forward to his guidance and counsel and
 expect a long, successful partnership."
     Mr. Steinhart has held a number of executive positions within the Dallas
 financial community beginning in 1969, when he teamed with a group of
 investors to charter or purchase six banks through 1980.  In 1980, he joined
 the senior management of InterFirst Corporation and became President and Chief
 Operating Officer a year later.  In 1998, he led a group of investors to
 establish the Deposit Guaranty Bank.  Renamed Team Bank after the acquisition
 of the former Texas American Banks in 1990, Mr. Steinhart served as the bank's
 Chairman and Chief Executive Officer.  In November 1992, Team Bank, having
 grown to over $5.5 billion in assets, merged with Bank One Texas and he was
 named President and Chief Operating Officer.  Later, Mr. Steinhart was
 appointed Chairman and CEO of the corporation's Commercial Banking Group and a
 member of the Management Committee.
     Mr. Steinhart said he is impressed with the leadership and vision of
 Carreker Corporation.
     "Carreker Corporation long has been a thought-leader and innovator in the
 financial services industry.  Carreker possesses a vision and business model
 unlike any other and I am pleased to have the opportunity to participate with
 Denny and his team in advancing its strategy for the benefit of clients,
 shareholders and employees," Steinhart said.
     Mr. Steinhart is a graduate of the University of Texas and holds a
 Bachelor of Business Administration degree in accounting and a Masters of
 Business Administration in finance.  He is a Certified Public Accountant and
 currently serves as a Director of NCH Corporation and United Auto Group, Inc.,
 and a Trustee of Prentiss Properties Trust and MFS/Sun Life Series Trust.
     Additionally, Carreker also announced that Wyn D. Lewis is retiring as an
 officer and Director. During his long career with Carreker, he has served as
 Vice Chairman of the Office of the President beginning in September 1999 and
 as Executive Vice President and Managing Director from March 1996 until 1999.
 From March 1993 to March 1996, Mr. Lewis served as Vice President and Managing
 Director.  Mr. Lewis will continue his affiliation with the company in a
 part-time advisory capacity.
     "Over the years, Wyn has provided the company with invaluable leadership
 and counsel.  Wyn was instrumental in helping to guide the company during a
 remarkable period of growth and prosperity.  We wish Wyn the best and look
 forward to benefiting from his insight and perspective for many years to
 come," Mr. Carreker said.
 
     About Carreker:
     Carreker, headquartered in Dallas, Texas, 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 e-finance solutions
 use leading-edge technologies to create practical applications for banks and
 their customers.  The Company believes that its 23 years of experience in the
 banking industry, combined with a professional staff and advanced
 technological expertise, allow for customized solutions for banks and other
 financial institutions.  Carreker offerings fall into four groups: Revenue
 Enhancement, which increases banks' revenues through market segmentation and
 improved customer pricing structures; Payment Solutions, which assists banks
 in transitioning from paper to electronic-based payment systems and minimizing
 payment processing expenses; Enterprise Solutions, which integrates systems,
 combines operations and improves workflows and internal operational processes;
 and Cash Solutions, which optimizes inventory management of a bank's cash-on-
 hand, including management of how much cash is needed, when it is needed and
 where it is needed.  Carreker's customer list includes more than 200 financial
 institutions in the United States, Canada, the United Kingdom, Ireland and
 Australia, including 70 of the largest 100 banks in the United States. For
 more information please visit the website at http://www.carreker.com.
 
     Forward Looking Statement -- This document contains forward-looking
 statements based on current expectations that are inherently subject to risks
 and uncertainties.  The words "estimate," "project," "intend," "expect,"
 "believe," "plan" and similar expressions are intended to identify
 forward-looking statements.  The Company's actual results could differ
 materially from those currently anticipated due to a number of factors,
 including, but not limited to, changes in the banking industry's demand for
 the Company's solutions, significant customer concentration and the potential
 loss of a significant customer, variations in operating results, reduction in
 revenues due to pricing arrangements, the infrequent use of long-term
 contracts with customers, the focus of the Company's solutions on e-finance
 opportunities and the chance that they will not be accepted in the
 marketplace, risks associated with rapid growth in the Company's business, the
 inability to attract and retain key personnel, existence of defects or errors
 in the Company's software, ability to develop new technologies and services,
 ability to meet the changing needs of customers, dependence on third-party
 Internet providers and the Internet, intense competition, risks associated
 with strategic alliances and acquisitions, inability to protect the Company's
 proprietary rights, infringement and other claims and related expenses,
 reliance on third-party licenses, volatility in the Company's stock price,
 exposure to risks associated with international operations, reliance on
 independent contractors, governmental regulation and legal uncertainties and
 anti-takeover provisions in the Company's charter documents and under
 applicable law.  These and other factors are 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 Company with the Securities and Exchange Commission from
 time to time.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X88321156
 
 SOURCE  Carreker Corporation