FOR IMMEDIATE RELEASE

Alogent named to Deloitte & Touche Technology Fast 500

ATLANTA, Oct. 16, 2002 – Alogent Corporation, a leading developer of payment transaction processing solutions for global financial institutions and remittance processors, announced that it ranked number 471 on the 2002 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 1997-2001. Alogent grew 651 percent during this period. This is a repeat performance for Alogent, having previously been named to the Fast 500 in 2000.

Alogent’s founder and CEO, Brian Geisel, credits product innovation in an industry dominated by legacy products as well as the company’s expansion into global markets.  “The company’s rapid growth over the past five years recognizes the achievements of everyone on the Alogent team,” he said. “We are changing the shape of paper payments processing globally by helping our customers reduce cost, improve quality and accelerate transactions through our innovative open systems solutions.”

"With its ranking on the prestigious Deloitte & Touche Technology Fast 500, Alogent’s leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, managing director of Deloitte & Touche’s Technology, Media & Telecommunications Group. "We congratulate Alogent on becoming one of the 500 fastest growing technology companies in the United States and Canada."

Overall, companies that ranked on the 2002 Technology Fast 500 have growth rates ranging from 614 to 293,493 percent over five years, with an average growth rate of 6,772 percent.

The Fast 500 list is compiled from three sources: Deloitte & Touche’s 20 regional North American Fast 50 programs, of which nominations are submitted directly to the Fast 500 and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least $50,000 and $75,000, for the United States and Canada respectively. Also, they must be public or private companies headquartered in North America, and be technology companies defined as companies that own proprietary technology that contributes to a significant portion of the company’s operating revenues or that devote a high percentage of effort to research and development of technology. 

About Deloitte & Touche

Deloitte & Touche, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities.  Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche’s Web site at www.deloitte.com.

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