FOR IMMEDIATE RELEASE

Mobius and Alogent Form Strategic Check 21 Partnership

-Software companies join forces for image archiving and inter-bank image exchange solutions-

RYE, NY, May 19, 2004 - Mobius Management Systems, Inc. (Nasdaq: MOBI), the leading provider of software for total content management (TCM), and Alogent Corp., a provider of payment transaction processing solutions for global financial institutions, remittance and payment processors, today announced a partnership to provide seamless integration and interoperability of Alogent’s Sierra Xchange®™, Unified Payments Gateway™ product with Mobius’s ViewDirect® TCM repository. 

To prepare for check truncation and image exchange enabled by The Check 21 Act, financial institutions must be capable not only of converting checks to images but also of managing the resulting images and data across the enterprise.  Check 21 facilitates the capture, validation, and processing of check images at an array of points of presentment including branches, ATMs, merchant locations, and distribution to multiple endpoints including internal and external archives, other banks, image replacement document (IRD) creation, and image exchange networks.  A key imperative is the tight integration of image workflows with an archival system that allows efficient image storage and retrieval of both images and data associated with transactions.   

"Our customers are working aggressively to prepare for the post-Check 21 environment,” said Joseph Tinnerello, senior vice president of sales and marketing at Mobius.  “They have implemented our ViewDirect TCM archive as the foundation for taking full advantage of check truncation.  Our partnership with Alogent and ViewDirect TCM integration with Sierra Xchange® will give them additional leverage in making the transition from paper to electronic processing.”

Alogent’s Sierra Xchange® is the payments gateway and integration technology to Mobius’s total content management solution and image archive.  Sierra Xchange® collects, examines, corrects, balances, and distributes paper, data, and image transactions from all points of origination, to ensure transaction integrity, reduce cost, improve quality, and maximize efficiency and profit.  It is a virtual check processing engine that provides image workflows from the moment a check enters the processing stream, to its distribution to endpoints based on cost, profit, and float criteria.

Mobius’s highly scalable ViewDirect TCM repository serves as the foundation for enabling software that meets a broad range of content-intensive e-business and application requirements. Capabilities include content integration; Web site, document and digital asset management, workflow and imaging, e-presentment and payment, enterprise report distribution, check image archiving and more. 

In the context of Check 21, the ViewDirect TCM repository is used for storage and retrieval of check images and data.  These images can be used to print IRDs and other forms of inter-bank exchange.  Beyond its role in check truncation, the ViewDirect TCM archive provides high-speed, multi-index access to checks and other business documents for customer service, customer self-service, duplicate detection, fraud prevention, trend analysis and more.  ViewDirect TCM integrates check images with information from other sources—statements, signature cards, reports, correspondence and more—to provide a 360-degree view of the customer.

 “There is significant synergy in a partnership between these two companies,” stated Robert Coyan, director of business development at Alogent.  “Alogent brings point of presentment and image workflow expertise, while Mobius brings best in class archiving and content management capability and experience. The marriage offers a unique solution that offers significant value to customers who are addressing an end-to-end payment processing challenge.”

According to Paul Abbott, director of check image solutions at Mobius, “Check 21 responds to the critical need for greater efficiency in U.S. payments systems.  Image archive technology is at the heart of this new process. It is this technology that will allow banks to take advantage of check truncation and to realize the benefits. Software such as Alogent’s Sierra Xchange®, in conjunction with the ViewDirect TCM archive, can go a long way to address these issues and provide a solution for straight through processing.” 
 
About Mobius 
Mobius Management Systems, Inc. (www.mobius.com) is the leading provider of integrated solutions for total content management (TCM).  The company's ViewDirect® TCM suite integrates content from multiple, disparate repositories and delivers it via content-intensive applications including Web site, digital asset and document management; workflow and imaging; Internet presentment and payment; records management; and enterprise report distribution.  The Mobius customer base comprises nearly 1,400 leading companies worldwide across all industries, including more than sixty percent of the Fortune 100.  The company, founded in 1981, is headquartered in Rye, New York, with sales offices in the U.S., Canada, the United Kingdom, France, Germany, Italy, Sweden, Belgium, the Netherlands, Switzerland, Australia, Japan and Singapore.

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