Press Release

SouthTrust Renews Managed Services Deal with NCR; NCR to Run SouthTrust's Internet Banking Using Corillian Voyager Software

April 10, 2002 at 11:02 AM EDT
DAYTON, Ohio, Apr 10, 2002 (BUSINESS WIRE) -- NCR Corporation (NYSE:NCR) today announced that SouthTrust Corporation, a $48.8 billion regional bank holding company, has awarded NCR a four-year contract renewal to manage the Internet banking operations for SouthTrust Bank.

NCR, through its alliance with Corillian Corporation, will also manage the conversion to Corillian's Voyager Internet banking platform. The new software platform will provide SouthTrust customers with an expanded suite of Internet financial services from a secure and easy-to-use Web site.

"Renewing our long-running partnership with NCR means our customers will continue to get the high-quality online financial services they count on from SouthTrust," said Andy Hernandez, director of e-commerce at SouthTrust Bank. "NCR's managed service model matched with Corillian's Voyager platform is a great fit for our online banking service."

NCR's e-commerce services team will manage the software platform conversion, which includes design and development, systems integration, and project management. Additionally, NCR will continue to handle all ongoing operational tasks for SouthTrust, including intrusion detection and 24x7 application monitoring.

    About SouthTrust Bank
SouthTrust Corporation (www.southtrust.com) is a $48.8 billion regional bank holding company with headquarters in Birmingham, Ala. SouthTrust operates more than 700 banking and loan offices and 850 ATMs in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia. The company offers a complete line of banking and other related financial services to commercial and retail customers. SouthTrust is a Forbes Platinum 400 and FORTUNE 500 company that trades on the NASDAQ Stock Market under the symbol SOTR. The company is listed on the S&P 500 index and the Keefe, Bruyette & Woods BKX Index.

    About NCR Corporation
NCR Corporation (NYSE:NCR) is a leader in providing Relationship Technology(TM) solutions to customers worldwide in the retail, financial, communications, manufacturing, travel and transportation, and insurance markets. NCR's Relationship Technology solutions include privacy-enabled Teradata(R) warehouses and customer relationship management (CRM) applications, store automation and automated teller machines (ATMs). The company's business solutions are built on the foundation of its long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 31,400 in more than 100 countries, and is a component stock of the Standard & Poor's 500 Index. More information about NCR and its solutions may be found at www.ncr.com.

NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.

CONTACT:          NCR Corporation
                  Paul Curtin, 937/445-3153
                  paul.curtin@ncr.com

URL:              http://www.businesswire.com
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