Equifax Payment Services Group Files Form 10 Registration Statement With SEC For Previously Announced Spin-off

Apr 03, 2001, 01:00 ET from Equifax Inc.

    ATLANTA, April 3 /PRNewswire/ -- Equifax Inc. (NYSE:   EFX) announced today
 that its Payment Services Group has filed a Form 10 Registration Statement
 with the Securities and Exchange Commission relating to the planned spin-off
 of that group from Equifax.  Equifax announced its plans for the spin-off in
 October 2000.
     The registration statement was filed under the temporary name Equifax PS,
 Inc.  Equifax expects to complete the spin-off during the third quarter of
 2001.
     Equifax (www.equifax.com ), a worldwide leader in enabling and securing
 global commerce, brings buyers and sellers together through its information
 management, transaction processing, direct marketing, and customer
 relationship management businesses.  Atlanta-based Equifax serves the
 financial services, retail, credit card, transportation,
 telecommunications/utilities, information technology and healthcare
 industries, as well as government.  Equifax adds knowledge, expertise,
 convenience and security to provide value-added solutions and processes for
 its customers wherever they do business, including the Internet and other
 networks.  Equifax employs about 12,000 associates in 17 countries with sales
 in almost 50 and has $2 billion in revenue.
     Statements in this press release that relate to Equifax's future plans,
 objectives, expectations, performance, events and the like are "forward-
 looking statements" within the meaning of the Private Securities Litigation
 Reform Act of 1995 and the Securities Exchange Act of 1934.  Future events,
 risks and uncertainties, individually or in the aggregate, could cause actual
 results to differ materially from those expressed or implied in these
 statements.  Those factors could include changes in worldwide and U.S.
 economic conditions that materially impact consumer spending and consumer
 debt, changes in demand for the Company's products and services, risks
 associated with the integration of acquisitions and other investments, the
 spin-off of Payment Services on a timely basis without adverse impact on the
 Company's operations, and other factors discussed in the "forward-looking
 information" section in the management's discussion and analysis included in
 the annual report on Form 10-K for the year ended December 31, 2000, and 10-Q
 for the period ended September 30, 2000.
 
     Contact:  Dave Mooney PR Director of Equifax Inc., 404-885-8117, or
 dave.mooney@equifax.com
 
 

SOURCE Equifax Inc.
    ATLANTA, April 3 /PRNewswire/ -- Equifax Inc. (NYSE:   EFX) announced today
 that its Payment Services Group has filed a Form 10 Registration Statement
 with the Securities and Exchange Commission relating to the planned spin-off
 of that group from Equifax.  Equifax announced its plans for the spin-off in
 October 2000.
     The registration statement was filed under the temporary name Equifax PS,
 Inc.  Equifax expects to complete the spin-off during the third quarter of
 2001.
     Equifax (www.equifax.com ), a worldwide leader in enabling and securing
 global commerce, brings buyers and sellers together through its information
 management, transaction processing, direct marketing, and customer
 relationship management businesses.  Atlanta-based Equifax serves the
 financial services, retail, credit card, transportation,
 telecommunications/utilities, information technology and healthcare
 industries, as well as government.  Equifax adds knowledge, expertise,
 convenience and security to provide value-added solutions and processes for
 its customers wherever they do business, including the Internet and other
 networks.  Equifax employs about 12,000 associates in 17 countries with sales
 in almost 50 and has $2 billion in revenue.
     Statements in this press release that relate to Equifax's future plans,
 objectives, expectations, performance, events and the like are "forward-
 looking statements" within the meaning of the Private Securities Litigation
 Reform Act of 1995 and the Securities Exchange Act of 1934.  Future events,
 risks and uncertainties, individually or in the aggregate, could cause actual
 results to differ materially from those expressed or implied in these
 statements.  Those factors could include changes in worldwide and U.S.
 economic conditions that materially impact consumer spending and consumer
 debt, changes in demand for the Company's products and services, risks
 associated with the integration of acquisitions and other investments, the
 spin-off of Payment Services on a timely basis without adverse impact on the
 Company's operations, and other factors discussed in the "forward-looking
 information" section in the management's discussion and analysis included in
 the annual report on Form 10-K for the year ended December 31, 2000, and 10-Q
 for the period ended September 30, 2000.
 
     Contact:  Dave Mooney PR Director of Equifax Inc., 404-885-8117, or
 dave.mooney@equifax.com
 
 SOURCE  Equifax Inc.

RELATED LINKS

http://www.equifax.com