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IBM Chosen as Strategic Provider of e-infrastructure Technology for TSYS In Deal Valued at Nearly $200 Million

TSYS to build next-generation technology infrastructure using IBM software, servers, storage systems and financing

SOMERS, NY - 29 May 2002: IBM today announced that TSYS (R), one of the world's largest financial data companies, has selected IBM as the provider of its next-generation technology infrastructure. The comprehensive service agreement is valued at $194 million over the next five years.

The agreement includes hardware, software, maintenance and other services from IBM, including IBM Global Services and Global Financing. Through the deal,TSYS will globally deploy the new systems, which will allow the company to control operating expenses while significantly increasing transaction volumes, as well as to swiftly develop and deploy new capabilities to its clients.

TSYS, one of the world's largest payment services companies, processes transactions for more than 229 million cardholder accounts worldwide. TSYS serves some of the country's largest financial institutions, and is also the largest processor of retail accounts in the United States, serving some of the world's best known retail companies: Sears, Roebuck and Co.; Target Corporation; Nordstrom, Inc.; and Circuit City Stores, Inc., among others. TSYS also processes 86 percent of Visa and MasterCard commercial accounts in the United States, including 100 percent of commercial cards used by federal employees.

Under the new agreement, TSYS' critical business operations will be powered by a broad range of IBM technology including IBM eServer zSeries mainframe processors, IBM TotalStorage 3494 Automated Tape Library and IBM TotalStorage Enterprise Storage Server (code named "Shark"). As a result, TSYS will reduce its number of servers by 35 percent and increase data processing power to more than 21 billion instructions per second. When implementation is complete, TSYS will rank among IBM's 25 highest capacity clients in the United States and the top 50 worldwide.

TSYS to standardize on IBM e-infrastructure middleware
IBM's complete portfolio of e-infrastructure software, including DB2 database software, Content Manager, Lotus, Tivoli and WebSphere Application Server, will be deployed to streamline business processes, improve productivity and more efficiently manage transactions to improve customer service capabilities.

Contact(s) information

Andrew Stephanov
IBM
1-845-759-2148
andrewst@us.ibm.com

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