FOR IMMEDIATE RELEASE

ALOGENT RECOGNIZED AT THE BANKER’S 2003 TECHNOLOGY AWARDS

-Wins Highly Commended Award for payment processing -

LONDON – June 2, 2003 - Alogent Corp., a provider of payment transaction processing solutions for global financial institutions, remittance and payment processors, announced it was awarded the Highly Commended certificate of merit by The Banker Technology Awards.

The Banker Technology Awards are designed to provide financial institutions around the world with information about key business areas and the technological expertise that exists within them.  These awards recognize best of breed, innovation, and success in financial technology.  Selected from over 1,000 entries, Alogent was certified Highly Commended for payments processing in the retail markets and investment category as well as the wholesale markets category.

“We are honoured to be recognized by The Banker for our work in payment processing,” said Haydn John, managing director, Europe for Alogent Corp.  “This award recognizes that we were early to see that the payment environment is in transition with a changing mix of paper, data, and image.  Our solutions offer global financial institutions an evolutionary path to migrate from a paper bound environment to straight through cheque processing at a pace of their choice.”

Cheque volumes in the U.K. have been in decline since the early 1990s.  This has resulted in rising unit costs, motivating banks to streamline cheque processing, and revitalise their branch networks.  In 2002, Alogent announced that its Sierra Clearing product was chosen as the platform to process cheques for iPSL, the joint venture responsible for processing 70% of the cheques written in the U.K.  The previous year, Alogent reported that its Sierra Xpedite product was selected for deposit automation at over 500 branches at Lloyds TSB Bank.  This was followed by Barclays Bank plc choosing Sierra Xpedite for deposit automation at 700 branches in 2002.  In both these cases, Sierra Xpedite is integrated with Sierra Clearing at iPSL to provide straight through check processing.

According to recent studies, cheque volumes in the United States have flattened and probably begun to decline.  Alogent has been successful in building on its success in the U.K., and is aligning with the growing need in the U.S. marketplace for solutions that reduce costs, improve quality, and accelerate transactions.  Alogent’s Sierra Xpedite will be implemented at 270 branches at World Savings Bank, and across 1800 branches at one of the 10 largest banks in the U.S.

About The Banker
Now in its 77th year, The Banker is regarded as the leading publication for the international banking industry and the monthly banking title of the Financial Times.  The magazine provides authoritative features, surveys and heavyweight contributors to make it essential reading for top decision-makers in banking and the corporate sector.

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