Metavante Corporation, the banking and payments technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI), today announced that it will add its item processing and SendPoint� distributed capture product lines to the Metavante Image Solutions division. Distributed capture has been one of the company�s fastest-growing product lines. SendPoint is Metavante�s outsourced distributed check-image capture service that allows financial institutions and their commercial customers to capture, receive, and aggregate check image deposits from anywhere payment capture occurs. The company has also today named Brian C. Hurdis president of Metavante Image Solutions. Based in Oklahoma City, the Metavante Image Solutions division now counts approximately 1,000 employees within its operations, which includes facilities in Dallas, Herndon, Va., Longmont, Colo., Memphis, Tenn., Milwaukee, Minneapolis and Norman, Okla. Hurdis, a 25-year banking and financial technology industry professional, is a member of the Metavante Executive Committee. He joined Metavante in 1999 as vice president of technology operations and architecture for the company�s e-finance solutions. Among his recent responsibilities, Hurdis has been general manager for Metavante�s item processing and SendPoint product lines. Hurdis succeeds Gary L. Nelson, who has retired as division president to pursue volunteer leadership with several Oklahoma City not-for-profit organizations including North Church, Bearing Fruit Communications, Board of Regents for local universities, and a consortium board for high-tech entrepreneurs and start-up companies. In 1992, Nelson and several associates founded Advanced Financial Solutions (AFS), which along with the Endpoint Exchange Network was purchased by Metavante in 2004. After several additional image-technology acquisitions in 2005 and 2006, Nelson oversaw the successful integration of four companies during 2006 to create the Metavante Image Solutions division, of which he was president. �Gary has been a leader in the bank technology industry. We are grateful for the many contributions Gary made to Metavante and to AFS before it became a Metavante company,� said Metavante Chief Operating Officer Michael D. Hayford. �By combining the related solutions and services, Metavante has created an industry-defining technology platform designed to meet a broader range of customer needs. We thank Gary for his leadership throughout his years of service at Metavante and we applaud him for his ongoing commitment to the Oklahoma City community.� Metavante Image Solutions provide comprehensive solutions that help banks and businesses transition from paper to electronic payments and image processing. Within Image Solutions, the Endpoint Exchange Network is the country�s first electronic check-clearing network that capitalizes on existing imaging infrastructure and settlement relationships, with the interoperability to connect to every endpoint in the nation. About Metavante Metavante Corporation delivers banking and payments technologies to over 8,600 financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, electronic presentment and payment, and business transformation services. Headquartered in Milwaukee, Metavante (www.metavante.com) is wholly owned by Marshall & Ilsley Corporation (NYSE:MI). Metavante is a registered trademark and SendPoint is trademark of Metavante Corporation.
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