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Alogent Receives Award For Excellence in Technology Marketing

-Recognized for Corporate Repositioning-

ATLANTA - June 10, 2003 - Alogent Corp., a provider of payment transaction processing solutions for global financial institutions, remittance and payment processors, announced it received the 2003 Excellence in Technology Marketing award from the Technology Marketing Association for the company’s repositioning and successful penetration of the U.S. marketplace.

“Alogent has successfully transformed itself from a contract research and development company at its inception in 1995, to a worldwide solutions company focused on bringing strategic transaction processing products and services to the largest financial institutions in the world,” said Vijay Balakrishnan, vice president of marketing at Alogent Corp. “We have successfully changed our business model, and leveraged of our U.K successes to bring value and proven solutions to our U.S. customers.”

The Alogent strategy has been to effect alignment of corporate positioning, product lifecycles across geographies, product positioning, product to market process, the sales and distribution model, and corporate and product awareness building. Considerable care was taken to ensure that all elements of strategy were directed towards achieving profitable growth and penetrating the top 100 banks and processors in the U.S. with product sales, while building on market success in the United Kingdom.

A key success factor has been Alogent’s ability to exploit similarities in product lifecycles across geographies. The decline in paper checks and the resulting rise in unit costs of processing experienced by U.K. banks in the 1990s, is now underway in the U.S.

Alogent has thus been able to incorporate its U.K. experience of building and implementing scalable enterprise payment solutions to deliver process efficiency, and cost reduction, to address the needs of its U.S. customers. The positioning, at both corporate and product levels, reflects a balance between anticipated market evolution and ability to meet existing market needs. Alogent has been a profitable, high growth company since inception. Alogent’s products are used by iPSL- the joint venture responsible for processing 70 percent of the checks written in the U.K. Alogent was also selected by Lloyds TSB Bank, and Barclays Bank Plc. for deposit automation at over 700 and 500 branches respectively. In the U.S., Alogent products are used for bill payment processing at leading utility, and telecommunication companies like BellSouth, Texas Utilities, Florida Power and Light, and others resulting in an estimated processing volume of 1 billion transactions per year. Alogent is implementing its technology at World Savings Bank where it will be used across 270 branches, and it recently signed an agreement for the largest branch deposit automation implementation in the world across 1,800 branches at one of the 10 largest banks in the United States.

To be eligible for the TMA 2003 Awards for Excellence in Technology Marketing, applicants must represent an organization that has demonstrated significant and measurable accomplishments in the selected technology marketing awards category. The company or its affiliate must be currently active in technology in Georgia, and the marketing program entered must be managed entirely from Georgia.

About TMA

The Technology Marketing Association (TMA) is Georgia’s premier organization for technology marketing. Designed for technology pioneers and business leaders charged with growing their company; and who want to achieve greater financial success through marketing, The Technology Marketing Association provides first-hand exposure to marketing tools, programs, and people who lead our technology-driven economy, as well as networking. TMA is a society of the Technology Association of Georgia.

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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