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FOR IMMEDIATE RELEASE
Alogent Names Chief Financial Officer
-Fast-track banking software provider fills key financial post-
Alogent Corp., a leading
developer of payment transaction processing solutions for global financial
institutions and remittance processors, today named William J. Gilmour as chief
financial officer.
"As a high-growth company, Alogent has made
significant strides to become a major software and services provider to the
banking industry, and Bill's experience and background are key additions to our
continued fast-paced progress," said Alogent CEO and founder Brian Geisel. "He
brings a successful and diverse track record as CFO of both public and private
companies, which will serve Alogent well as we continue to grow profitably," he
added.
As CFO, Gilmour is
responsible for managing and coordinating the strategic financial direction of
Alogent, which will allow the company to capitalize on value creation
opportunities. In this position, he will develop the appropriate business
infrastructure as well as participate in planning for growth and the expansion
of new profit opportunities.
"Today's business
environment presents challenges for companies of all sizes," said Tom Madison,
director and chairman of Alogent's Audit Committee and chairman of Indus
International Inc. (Nasdaq/NM:IINT). "Bill's extensive experience in building a
strong, scalable infrastructure with an emphasis on ethical corporate governance
will be valuable as we manage our growth path to a much larger
organization."
With more than 20 years of
financial experience, Gilmour most recently held the position of CFO for MAPICS
Inc., (Nasdaq/NM:MAPX), an ERP software provider. In this role, he assisted the
company in its initial public offering (IPO), raised capital funds as well as
orchestrated the acquisition of multiple companies to enhance and strengthen the
company's strategic direction. Prior to coming to the U.S., he held executive
finance positions for several Canadian-based companies.
Gilmour holds a bachelor of
commerce from McMaster University in Hamilton, Ontario, and obtained his
Chartered Accountant designation from the Canadian Institute of Chartered
Accountants.
About ProfitStars
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 11,800 customers nationwide, and are marketed and supported through
three primary brands. Jack Henry Banking(TM) supports banks ranging from
de novo to mid-tier institutions with information and transaction processing
solutions. Symitar(TM) is the leading provider of information and
transaction processing solutions for credit unions of all sizes.
ProfitStars(R) 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. 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.
http://www.jackhenry.com

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