MONETT, Mo., July 5, 2012 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its ProfitStars® division today announced that it is the recipient of the 2012 Microsoft® ISV-Windows® Azure Partner of the Year Award. ProfitStars was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.
The ISV-Windows Azure Partner of the Year Award recognizes independent software vendors (ISVs) that together or independently incorporated Windows Azure and SQL Azure, developing flexible, scalable, robust applications using the cloud platform. ProfitStars received the award for Margin Maximizer Interactive™ (MMi), a completely re-engineered, Web-based version of ProfitStars' loan and deposit pricing solution. MMi leverages Silverlight as the application framework and Windows Azure as the cloud computing platform.
David Foss, president of ProfitStars, said, "Jack Henry & Associates understands how the cost savings and productivity gains associated with cloud-based solutions can boost the overall performance of financial institutions and other corporate entities. With Microsoft's assistance, we are committed to providing products and services that help the financial services industry to further enhance profitability and efficiencies. We are honored to receive this award from Microsoft, which has been an invaluable partner in our success."
Bill Hilf, general manager, Windows Azure, Microsoft Corporation, added, "We are excited to name ProfitStars and Jack Henry & Associates, Inc. as the ISV-Windows Azure Partner of the Year for developing its MMi Web-based solution. The organization continues to showcase innovation, competitive differentiation, and customer value with this computing platform."
Earlier this year, ProfitStars teamed again with the Azure platform on PROFITstar® Budget Manager, a hosted distributed budgeting tool enabling financial institutions to gain greater control of the budgeting process by receiving continuous accountability and buy-in from all individuals throughout the organization. It ultimately provides bank and credit union executives with accurate, timely information to enhance their decision-making capabilities and improve performance.
The Microsoft Partner Awards recognize Microsoft partners that have developed and delivered exceptional Microsoft-based solutions during the past year. Awards were presented in multiple categories, with winners chosen from nearly 3,000 entrants worldwide.
As a diverse, global division of Jack Henry & Associates, ProfitStars combines JHA's solid technology background with the latest breakthroughs in four performance-boosting solution groups – Financial Performance, Imaging and Payments Processing, Information Security and Risk Management, and Retail Delivery. Explore the power of ProfitStars-enhanced performance at www.profitstars.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for financial services organizations. Its 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.