PNC Selects S1 Business Banking

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=82 BGCOLOR="#006699" TEXT="#080000"> <div> <FONT SIZE="5" COLOR="#FFFFFF" FACE="Arial" ><B>Tucker Hood</B></FONT><B>     |     </B><A HREF="index.htm" TARGET="_top" TITLE="Tucker Hood"><U><B>home</B></U></A></div> <div> <A HREF="press.htm" TARGET="_top" TITLE="Press"><U><B><IMG SRC="03b0e0e0.png" border=0 width="14" height="14" ALT="up" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></U></A><B>  </B><IMG BORDER="0" SRC="1x1.gif" HEIGHT="14" ALIGN="BOTTOM" HSPACE="0" VSPACE="0" WIDTH="14"><B>    </B><A HREF="id43.htm" TARGET="_top" TITLE="Retail Banking 5.1"><U><B><IMG SRC="02f0e0e0.png" border=0 width="14" height="14" ALT="previous" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></U></A><B>  </B><A HREF="id53.htm" TARGET="_top" TITLE="Edify Acquistion"><U><B><IMG SRC="0300e0e0.png" border=0 width="14" height="14" ALT="next" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#DDDDDD" TEXT="#080000"> <div> S1 Corporation Selected By PNC Bank To Power Its Business Banking Services</div> </td> <td valign="top" height=398 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> PNC Selects S1 Business Banking</div> <div> <I>S1 Corporation (ticker: SONE, exchange: NASDAQ) News Release - 3/27/00 </I></div> <div> --------------------------------------------------------------------------------</div> <div> <B>S1 Corporation Selected By PNC Bank To Power Its Business Banking Services </B></div> <div> <I>PNC Leverages S1's Applications and Hosting Services to Compete More Effectively in Today's Evolving Market </I></div> <div> ATLANTA--(BUSINESS WIRE)--March 27, 2000-- S1 Corporation (Nasdaq:SONE), a leading provider of Internet-based financial services solutions, today announced that the S1 Business Suite of Internet-based software solutions has been selected to power PNC Financial Services Group's (NYSE:PNC) online business banking. PNC, one of the largest diversified financial services organizations in the United States, will implement the S1 Business Suite to offer its business banking customers a wide range of online financial services. This agreement further demonstrates S1's ability to execute on its strategy and provide one of the industry's most innovative institutions with the software and services it needs for a competitive advantage. </div> <div> "At PNC we are committed to delivering the right mix of products to help companies achieve their financial vision," said Jim Graham, executive vice president of business banking at PNC Bank. "With the S1 Business Suite, we are able to deliver powerful online financial services to our business customers through a single destination site, while positioning ourselves to the forefront of financial services innovation." </div> <div> The S1 Business Suite is an NT-based commercial banking solution that goes beyond point solutions to provide integrated business-critical functionality, allowing banks to target the unique needs of small and emerging businesses. As a business banking platform, it combines Web-based cash management and other services with intelligent customer care applications for customer service representatives and relationship managers. By enabling financial organizations to provide a wide range of online financial services to their business banking customers, the S1 Business Suite plays an important role in extending customer relationships, improving long-term customer profitability, and creating competitive advantage. </div> <div> "Our implementation of S1's small business solution demonstrates our commitment to providing our customers with a thoughtful and sound approach to money management and online services," said Tom Nist, senior vice president of business banking at PNC Bank. "Combined with our recent agreement with Intel Online Services to offer the iCat E-commerce development and hosting service, and our sponsorship of the Banking Center at iVillage.com, PNC's relationship with S1 is another example of our leadership role in the online financial services industry." </div> <div> "We're excited to be an integral part of PNC's strategy and to provide the bank with solutions to address the evolving needs of its extensive customer base," said Charles W. Ogilvie, general manager of S1 Corporation. "PNC's implementation of the S1 platform and our hosting services demonstrates the value that we are bringing to the financial services industry, as the largest NT-based solutions provider." </div> <div> About S1 Corporation </div> <div> S1 (Nasdaq:SONE), the pioneer of Internet banking, is today's leading global provider of innovative Internet-based financial services solutions. S1 offers a broad range of applications that empower financial organizations to increase revenue, strengthen customer relationships and gain competitive advantage by meeting the evolving needs of their customers across various lines of business, market segments and delivery channels. Through its professional services organization, S1's applications can be implemented in-house or outsourced to the S1 Data Center. Additional information about S1 is available at http://www.s1.com. </div> <div> About PNC Financial Services Group </div> <div> The PNC Financial Services Group (NYSE: PNC) is one of the nation's largest integrated financial services corporations offering specialized industry insights to businesses and consumers. The company has transitioned to a business model reflecting distinct financial businesses recognized as leaders within their specific industries. These business brands include: PNC Bank, consumer, small business and commercial banking; PNC Advisors, wealth management; BlackRock, asset management; PNC Mortgage, home loan origination and servicing; PFPC, global fund servicing; PNC Real Estate Finance, commercial real estate financing; PNC Secured Finance, asset-based lending and leasing; and VentureBank@PNC, venture capital funding. PNC can be reached at http://www.pnc.com.</div> </td> </tr></table></body>