EX-99.1
2
ex99-1toform8k.htm
EXHIBIT 99.1 TO FORM 8-K -- PRESS RELEASE RELATED TO INITIAL CLOSING -- ACQUISITION OF EPS
Exhibit 99.1 to Form 8-K -- Press Release related to Initial Closing -- Acquisition
of eps
Exhibit
99.1
News
Release
TRANSACTION SYSTEMS ARCHITECTS INC
224
SOUTH 108 AVENUE
OMAHA,
NEBRASKA 68154
402.334.5101
FAX
402.390.8077
For
more information contact:
William
J. Hoelting
Vice
President, Investor Relations
402.390.8990
FOR
IMMEDIATE RELEASE
Transaction
Systems Architects Completes Initial Closing of
eps Acquisition
and
Increases Share Repurchase Authorization
(OMAHA,
Neb. - May 31, 2006) -
Transaction Systems
Architects, Inc. (Nasdaq: TSAI), a leading global provider of enterprise
electronic payments solutions, announced today that it has completed the
initial
closing of its acquisition of eps Electronic Payment Systems AG ("eps"). At this
initial closing, approximately 83 percent of the eps outstanding shares were
purchased. The remaining shares are expected to be purchased by the Company
in
October 2006.
The
Company also announced today that its Board of Directors has
approved an increase of $30 million to its stock repurchase plan, bringing
the
total of the approved plan to $110 million. From the inception of the Company's
stock repurchase plan through May 30, 2006, the Company has repurchased a
total
of 2,123,161 shares for approximately $53.4 million.
About
Transaction Systems Architects, Inc.
The
Company's software facilitates electronic payments by providing
consumers and companies access to their money. Its products are used to process
transactions involving credit cards, debit cards, secure electronic commerce,
mobile commerce, smart cards, secure electronic document delivery and payment,
checks, high-value money transfers, bulk payment clearing and settlement,
and
enterprise e-infrastructure. The Company's solutions are used on more than 1,960
product systems in 83 countries on six continents. Visit Transaction Systems
Architects, Inc. on the Internet at
www.tsainc.com
.

EX - 99 . 1 2 ex99 - 1toform8k . htm EXHIBIT 99 . 1 TO FORM 8 - K -- PRESS RELEASE RELATED TO INITIAL CLOSING -- ACQUISITION OF EPS Exhibit 99 . 1 to Form 8 - K -- Press Release related to Initial Closing -- Acquisition of eps Exhibit 99 . 1 News Release TRANSACTION SYSTEMS ARCHITECTS INC 224 SOUTH 108 AVENUE OMAHA , NEBRASKA 68154 402 . 334 . 5101 FAX 402 . 390 . 8077 For more information contact : William J . Hoelting Vice President , Investor Relations 402 . 390 . 8990 FOR IMMEDIATE RELEASE Transaction Systems Architects Completes Initial Closing of eps Acquisition and Increases Share Repurchase Authorization ( OMAHA , Neb . - May 31 , 2006 ) - Transaction Systems Architects , Inc . ( Nasdaq : TSAI ) , a leading global provider of enterprise electronic payments solutions , announced today that it has completed the initial closing of its acquisition of eps Electronic Payment Systems AG ( " eps " ) . At this initial closing , approximately 83 percent of the eps outstanding shares were purchased . The remaining shares are expected to be purchased by the Company in October 2006 . The Company also announced today that its Board of Directors has approved an increase of $ 30 million to its stock repurchase plan , bringing the total of the approved plan to $ 110 million . From the inception of the Company 's stock repurchase plan through May 30 , 2006 , the Company has repurchased a total of 2,123,161 shares for approximately $ 53.4 million . About Transaction Systems Architects , Inc . The Company 's software facilitates electronic payments by providing consumers and companies access to their money . Its products are used to process transactions involving credit cards , debit cards , secure electronic commerce , mobile commerce , smart cards , secure electronic document delivery and payment , checks , high - value money transfers , bulk payment clearing and settlement , and enterprise e - infrastructure . The Company 's solutions are used on more than 1,960 product systems in 83 countries on six continents . Visit Transaction Systems Architects , Inc . on the Internet at www.tsainc.com .