TORONTO, Ontario, January 29, 2003 - ProCard, Inc., a wholly owned subsidiary of Total Systems Inc. (TSYS), has selected software from Xenos (TSE: XNS), the data to e-content companyT, to enhance its deployed commercial card software technology and service solutions.
ProCard will use d2e Platform software in support of their Statement CentreÔ solution. Statement Centre enables cardholders, managers and administrators to manage statements and invoices electronically, allowing for real time access of credit card transactions as well as presentment of cycled statement and invoice images. Once statement and invoice print files are generated, they are securely transmitted to ProCard's Statement Centre solution where Xenos' d2e Platform software parses the statements and invoices and converts them to PDF images. Users can then retrieve and view the PDF images via the Internet using the advanced features of Statement Centre. This solution reduces print, postage, float and call center costs - enabling banks to offer increased convenience and reduced administrative costs to corporate card clients.
"Xenos' d2e software enhances ProCard's Statement Centre solution which delivers cost savings and streamlined processes for our bank partners as well as for the banks' corporate clients," said Bruce Baude, President and CEO of ProCard.
"We are delighted to be a key component of ProCard's electronic statement solution," said Jim Farmer, President and COO of Xenos. "Companies like ProCard want to extend their products to offer features that improve productivity and reduce costs."
ProCard, Inc. is the leading provider of Web-based software applications and services that support commercial card programs. Since 1989, ProCard has pioneered the use of commercial card technology within corporations, universities and government organizations and continues to provide leading edge solutions for report and expense management.
ProCard's product offerings are marketed exclusively through partner financial institutions to their commercial clients in both North America and Europe. ProCard, with headquarters in Golden, Colorado, provides software applications, custom technical solutions and related support necessary to ensure the success of commercial card programs.
Xenos has provided data and electronic document transformation solutions for over 20 years. Its solutions are embraced worldwide, across a wide variety of industries, including healthcare, financial services and government. Xenos improves the efficiency of information and data management while preserving investments in existing IT infrastructure, systems, applications and procedures. Its solutions provide the capture, composition, transformation, enhancement, repurposing, storage, retrieval and distribution of documents across the enterprise. Xenos data solutions are used to integrate incompatible applications, business processes, enterprise systems, partners, structured data, databases and Web services. Its product offering includes Xenos d2e, Xenos infoWEB, Xenos terminalONE and GoXML. Xenos has offices in Canada, the United States, the United Kingdom and France. Xenos trades on the Toronto Stock Exchange under the trading symbol "XNS." For more information visit www.xenos.com.
President and COO
Jim Farmer
Tel: +1 (214) 969-5341 ext. 5308
Fax: +1 (905) 709-1023
E-mail: jfarmer@xenos.com
Investor Relations Contact:
Cory Pala
Xenos Group, Inc.
416-657-2400
cpala@xenos.com