ADDING and REPLACING FIS Advances Leadership Position in Mobile Financial Services through Acquisition of mFoundry

  ADDING and REPLACING FIS Advances Leadership Position in Mobile Financial
  Services through Acquisition of mFoundry

Key Facts

  *Acquisition supports FIS’ strategy to invest in new innovation

  *Combination creates one of the leading mobile entities in the financial
    services space

  *Transaction expected to close by the end of the first quarter

Business Wire

JACKSONVILLE, Fla. -- January 31, 2013

Adding two paragraphs at the end of the release beginning with FIS
Forward-Looking Statements

The corrected release reads:


Expanding on its leadership position in mobile financial services, FIS™ (NYSE:
FIS), the world’s largest provider of banking and payments technology, today
announced it has signed a definitive agreement to acquire the remaining 78
percent interest in mFoundry, a foremost provider of mobile banking and
payment solutions for financial institutions and retailers. Previous to this
transaction, FIS held a 22 percent interest in the company. The addition of
mFoundry creates one of the leading mobile entities in the financial services
space and enables FIS to leverage its technology assets across a broader
client base.

“mFoundry has a well-earned reputation for innovation, powerful vision and
agile development and delivers one of the most advanced mobile platforms in
the market today,” noted Gary Norcross, FIS president and chief operating
officer. “Consumers have adopted the mobile channel faster than any other
delivery channel in existence, and delivering industry-best mobile solutions
is a vital focus area for FIS. Our goal is to provide the solutions that
underpin an organization’s ability to best reach and serve its customers, and
the addition of mFoundry plays a key role in that strategy.”

Founded in 2004 and serving more than 850 clients, mFoundry’s customer-focused
solutions have become a leading platform for mobile banking and mobile retail
and have been adopted by some of the largest banks, credit unions, payments
processors and retailers in the country.

Commenting on the transaction, Drew Sievers, mFoundry co-founder and chief
executive officer stated, “FIS has been a great investment partner for the
last several years, and the timing was right for us to combine forces to
create the unparalleled industry leader in mobile delivery. This transaction
enables us to capitalize on new market opportunities and bring top-tier mobile
capabilities to our combined client bases.”

FIS anticipates paying approximately $120 million in cash to acquire the
remaining 78 percent ownership interest in mFoundry. The transaction, subject
to customary regulatory approvals and contractual closing conditions, is
expected to close by the end of the first quarter.

About mFoundry

mFoundry is North America’s largest provider of mobile banking and mobile
payments services. The leading software-as-a-service (SaaS), cloud-based
mobile banking offering, mFoundry works with more than 850 banks and credit
unions nationwide, including Bank of America, PNC Bank, Zions Bank and more
than one-third of the top 50 financial institutions in the U.S. mFoundry is
headquartered in Larkspur, California, with offices in downtown San Francisco.
For more information, visit

About FIS

FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking
and payments technologies. With a long history deeply rooted in the financial
services sector, FIS serves more than 14,000 institutions in over 100
countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000
people worldwide and holds leadership positions in payment processing and
banking solutions, providing software, services and outsourcing of the
technology that drives financial institutions. First in financial technology,
FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a
member of Standard & Poor’s 500® Index. For more information about FIS, visit

FIS Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of
the U.S. federal securities laws. Statements that are not historical facts,
including statements about our expectations, hopes, intentions, or strategies
regarding the future, are forward-looking statements. These statements relate
to future events and our future results, and involve a number of risks and
uncertainties. Forward-looking statements are based on management’s beliefs,
as well as assumptions made by, and information currently available to,
management. Any statements that refer to beliefs, expectations, projections or
other characterizations of future events or circumstances and other statements
that are not historical facts are forward-looking statements.

Actual results, performance or achievement could differ materially from those
contained in these forward-looking statements. The risks and uncertainties
that forward-looking statements are subject to include without limitation: the
occurrence of any event, change or other circumstance that could give rise to
the termination of the transaction agreement; successful completion of the
proposed transaction on a timely basis; the impact of regulatory reviews on
the proposed transaction; the effect of legislative initiatives or proposals,
statutory changes, governmental or other applicable regulations and/or changes
in industry requirements, including privacy regulations; the risks of
reduction in revenue from the elimination of existing and potential customers
due to consolidation in or new laws or regulations affecting the banking,
retail and financial services industries or due to financial failures or other
setbacks suffered by firms in those industries; changes in the growth rates of
the markets for core processing, card issuer, and transaction processing
services; failures to adapt our services and products to changes in technology
or in the marketplace; internal or external security breaches of our systems,
including those relating to the theft of personal information and computer
viruses affecting our software; difficulties in integrating past and future
acquired technology or business’ operations, services, clients and personnel;
competitive pressures on product pricing and services including the ability to
attract new, or retain existing, customers; an operational or natural disaster
at one of our major operations centers; and other risks detailed in “Risk
Factors” and other sections of FIS’ Annual Report on Form 10-K for the fiscal
year ended December 31, 2011 and other filings with the SEC. Other unknown or
unpredictable factors also could have a material adverse effect on our
business, financial condition, results of operations and prospects.
Accordingly, readers should not place undue reliance on these forward-looking
statements. These forward-looking statements are inherently subject to
uncertainties, risks and changes in circumstances that are difficult to
predict. Except as required by applicable law or regulation, we do not
undertake (and expressly disclaim) any obligation and do not intend to
publicly update or review any of these forward-looking statements, whether as
a result of new information, future events or otherwise.


Kim Snider, +1 904.438.6278
Vice President
FIS Global Marketing and Communications
Mary Waggoner, +1 904.438.6282
Senior Vice President
FIS Investor Relations
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