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FOR IMMEDIATE RELEASE

  

ALOGENT NAMES VP OF SALES AND BUSINESS DEVELOPMENT

-Financial services software vendor strengthens executive management team-

ATLANTA (February 8, 2002) – Alogent Corp. – a leading developer of item processing solutions for global financial institutions and remittance processors – today announced Brent Burns as vice president of sales and business development.

“Over the past 120 days, Alogent has strengthened its position as a worldwide leader of item processing solutions by launching its international headquarters in Atlanta and naming several key executives to our management team,” said Alogent CEO and founder Brian Geisel. “Adding Brent to our executive staff is pivotal in driving market penetration and positioning Sierra Clearing and Sierra Xpedite as worldwide standards in payment processing for banks, billers and payment processors.”

Burns is responsible for leading and managing all sales and business development strategy and activities. In this role, he will establish and direct a strong worldwide sales organization to meet the growing customer demand for Alogent’s Sierra Clearing and Sierra xClearing products and services. In addition, he has direct responsibility for growing relationships with Alogent’s third party business partners and maximizing revenue through multiple indirect channels.

Burns has over 15 years of experience working with many Tier 1 U.S. banks, brokerage firms and financial institutions as well as considerable experience in sales and relationship management. Most recently, he was senior vice president of sales at LandAmerica Financial Group, one of the nation’s leading providers of electronic settlement services for the banking market. While there, he led the national accounts sales strategy and built the company’s North American sales organization. In addition, he was national vice president of sales for Primis Inc. (prior to its acquisition by LandAmerica), as well as vice president of sales and relationship management with CheckFree Corp. and bond manager at CitiGroup.

Burns also served as a Lieutenant in the United States Navy. He graduated from the University of Alabama with a bachelor’s of science in Corporate Finance and Investment Management.

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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