MONETT, Mo., March 2, 2011 /PRNewswire/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of computer systems and electronic payment solutions primarily for financial services organizations, today announced that its ProfitStars® division was named to Nine Lives Media Inc.'s fourth-annual MSPmentor 100, a distinguished list and research report identifying the world's top 100 managed service providers (MSPs). This year's MSPmentor 100 report includes MSPs from North America, Europe, the Middle East, Africa, and Australia.
David Foss, president of ProfitStars, commented, "We are proud to have ProfitStars' Gladiator Technology solutions recognized as one of the world's leading managed service providers. MSPmentor is a well-respected industry resource, and we are grateful to the financial institutions that rely on our services and who have helped us earn our place among many distinguished companies."
The MSPmentor 100 report, available at http://www.MSPmentor.net/top-100-msps, is based on data from MSPmentor's global online survey, conducted October through December 2010. The MSPmentor 100 report recognizes top managed service providers based on a range of metrics, including annual managed services revenue growth, revenue per employee, and customer devices managed.
Amy Katz, CEO of Nine Lives Media Inc., said, "Nine Lives Media Inc. and MSPmentor congratulate ProfitStars for earning this distinguished honor. The annual MSPmentor 100 survey attracts participants from across the globe. Qualifying for the final MSPmentor 100 list is a great accomplishment."
Joe Panettieri, editorial director of MSPmentor, added, "We continue to see accelerating momentum for the world's top MSPs. The top 100 MSPs generated more than $1 billion in recurring revenue for 2010, up 27 percent from 2009. That's remarkable growth considering the challenging global economic landscape in 2010."
MSPmentor, produced by Nine Lives Media Inc., is the ultimate guide to managed services. MSPmentor features the industry's top-ranked blog, research, webcasts, and FastChat videos. It is the number one online media destination for managed service providers in the world.
About Nine Lives Media Inc.
Nine Lives Media Inc. defines emerging IT media markets and disrupts established IT media markets. Founded in 2008, Nine Lives Media Inc. has generated profitable, debt-free growth since its inception. The company's market leading blogs and online destinations include MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com), Talkin' Cloud (www.TalkinCloud.com), VARtweet (www.VARtweet.com) and MSPtweet (www.MSPtweet.com). For more information, visit www.NineLivesMediaInc.com.
ProfitStars, a division of Jack Henry & Associates, Inc., provides best-of-breed solutions that improve the performance of financial institutions of all asset sizes and charters, and diverse corporate entities. These solutions facilitate revenue and growth, risk mitigation and control, and cost control; and complement virtually any core information processing platform. Additional information is available at www.profitstars.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 11,200 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking™ supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar™ is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. iPay Technologies operates as a leading electronic bill pay provider supporting banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms. Additional information is available at www.jackhenry.com.
Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.
SOURCE Jack Henry & Associates, Inc.