EFD eFunds Corporation Stockholders Approve Acquisition by Fidelity National Information Services

Sep 07, 2007, 01:00 ET from EFD | eFunds Corporation

    SCOTTSDALE, Ariz., Sept. 7 /PRNewswire-FirstCall/ -- EFD | eFunds
 Corporation (NYSE:   EFD), the company that delivers innovative enterprise
 payments and data & decisioning solutions, today announced that its
 stockholders approved the merger agreement of EFD with a subsidiary of
 Fidelity National Information Services, Inc. at a special meeting of
 stockholders held today. Approximately 73% of the outstanding shares and
 over 99% of the shares voted were voted in favor of the merger.
     Upon the closing of the merger, holders of EFD common stock will be
 entitled to receive $36.50 in cash, without interest, for each of their
 shares. The merger is currently expected to close on September 12, 2007.
     About EFD | eFunds Corporation
     EFD is the payments solutions company. With the unique ability to take
 an integrated view of enterprise payments and data & decisioning, EFD
 provides financial services companies and other large enterprises with
 business insight to make better new account decisions, improve fraud
 detection and management and streamline payment processing. EFD's flexible
 delivery model means solutions can be run in-house, outsourced or anything
 in between, helping customers achieve operational efficiency and low cost
 of ownership while building long-term customer value. From the point of
 account opening to the settlement of every transaction -- debit, credit, or
 prepaid -- EFD helps businesses win more of the right customers, serve them
 more efficiently and keep them. Additional information is available at
 http://www.eFunds.com.
     Statements made in this release concerning the Company's or
 management's intentions, expectations, or predictions about future results
 or events are "forward-looking statements" within the meaning of the
 Private Securities Litigation Reform Act of 1995. Such statements are
 necessarily subject to risks and uncertainties that could cause actual
 results to vary from stated expectations and such variations could be
 material and adverse. Factors that could result in such a variation
 include, but are not limited to, the inherent unreliability of earnings and
 revenue growth predictions due to numerous factors, including many beyond
 the Company's control, potential difficulties, delays and unanticipated
 expenses inherent in the development and marketing of new products and
 services, competitive factors, the unpredictability of merger and
 acquisition activity, and the numerous risks and potential additional
 costs, disruptions and delays associated with the establishment of new
 business initiatives. Additional information concerning these and other
 factors that could cause actual results to differ materially from the
 Company's current expectations is contained in the Company's Annual Report
 on Form 10-K for the period ending December 31, 2006 and subsequent filings
 on Form 10Q.
 
 

SOURCE EFD | eFunds Corporation
    SCOTTSDALE, Ariz., Sept. 7 /PRNewswire-FirstCall/ -- EFD | eFunds
 Corporation (NYSE:   EFD), the company that delivers innovative enterprise
 payments and data & decisioning solutions, today announced that its
 stockholders approved the merger agreement of EFD with a subsidiary of
 Fidelity National Information Services, Inc. at a special meeting of
 stockholders held today. Approximately 73% of the outstanding shares and
 over 99% of the shares voted were voted in favor of the merger.
     Upon the closing of the merger, holders of EFD common stock will be
 entitled to receive $36.50 in cash, without interest, for each of their
 shares. The merger is currently expected to close on September 12, 2007.
     About EFD | eFunds Corporation
     EFD is the payments solutions company. With the unique ability to take
 an integrated view of enterprise payments and data & decisioning, EFD
 provides financial services companies and other large enterprises with
 business insight to make better new account decisions, improve fraud
 detection and management and streamline payment processing. EFD's flexible
 delivery model means solutions can be run in-house, outsourced or anything
 in between, helping customers achieve operational efficiency and low cost
 of ownership while building long-term customer value. From the point of
 account opening to the settlement of every transaction -- debit, credit, or
 prepaid -- EFD helps businesses win more of the right customers, serve them
 more efficiently and keep them. Additional information is available at
 http://www.eFunds.com.
     Statements made in this release concerning the Company's or
 management's intentions, expectations, or predictions about future results
 or events are "forward-looking statements" within the meaning of the
 Private Securities Litigation Reform Act of 1995. Such statements are
 necessarily subject to risks and uncertainties that could cause actual
 results to vary from stated expectations and such variations could be
 material and adverse. Factors that could result in such a variation
 include, but are not limited to, the inherent unreliability of earnings and
 revenue growth predictions due to numerous factors, including many beyond
 the Company's control, potential difficulties, delays and unanticipated
 expenses inherent in the development and marketing of new products and
 services, competitive factors, the unpredictability of merger and
 acquisition activity, and the numerous risks and potential additional
 costs, disruptions and delays associated with the establishment of new
 business initiatives. Additional information concerning these and other
 factors that could cause actual results to differ materially from the
 Company's current expectations is contained in the Company's Annual Report
 on Form 10-K for the period ending December 31, 2006 and subsequent filings
 on Form 10Q.
 
 SOURCE EFD | eFunds Corporation