Farm Credit Bank of Texas Selects Jack Henry Banking(TM) to Provide Enterprise-Wide Automation

     - $14.2 Billion Bank to Implement SilverLake System(R) In-House -



    MONETT, Mo., Aug. 21 /EMWNews/ -- Jack Henry & Associates,

Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions

and data processing services for financial institutions, today announced

that Farm Credit Bank of Texas has selected Jack Henry Banking's SilverLake

core processing system to provide enterprise-wide automation. This

Austin-based bank, which has more than $14.2 billion in assets, will

implement SilverLake in-house.



    According to Allen Buckner, vice president of lending services for Farm

Credit Bank of Texas, "Today's business environment and the evolving

customer, market, and competitive demands we are experiencing convinced us

that we needed a technology platform with more sophisticated functionality,

that has respectable and growing market share among mid-tier banks like

ours, and that can seamlessly support our near- and long-term growth. And

because our bank is largely focused on agricultural lending and is not a

conventional commercial bank, we also knew we needed a core system with

exceptional lending functionality. With the assistance of Cornerstone

Advisors we conducted an 18-month evaluation of core solutions which

ultimately identified SilverLake as the system most compatible with our

core lending needs. Throughout the evaluation process we were also very

impressed that the company's representatives were willing to invest the

time and effort needed to learn our specialized lending business so they

could effectively demonstrate SilverLake's ability to meet our processing

requirements. Its service culture, the satisfaction level among other

SilverLake users, its complementary product offering, and its conversion

and implementation process also competitively differentiated Jack Henry

Banking."



    SilverLake provides highly customizable, enterprise-wide automation

designed for commercial-focused banks ranging from de novo to multi-billion

dollar, mid-tier institutions. Approximately 500 banks, including

approximately 20 percent of the domestic mid-tier banks with assets ranging

from $1 billion to $30 billion, have installed SilverLake in-house or

implemented the system through Jack Henry Banking's outsourced offering.

Banks also have the option to fully customize the system to support their

unique operational requirements or the system can be implemented for

outsourced banks as an off-the-shelf solution using an expedited and

streamlined implementation process.



    Tony Wormington, president of Jack Henry & Associates, said, "We

provide the business tools diverse banks need to execute and maximize their

strategies and to capitalize on their unique market opportunities. We are

confident that SilverLake provides the functionality that Farm Credit Bank

of Texas needs to serve its lending cooperative customers, to aggressively

and successfully compete, and to grow its business. We respect the effort

and resources this bank invested in its evaluation, and welcome the

opportunity to serve as its technology partner. We believe that Farm Credit

Bank of Texas selected Jack Henry Banking based on the key tenets of our

success -- competitively distinct core functionality, a company-wide

commitment to service that generates rewarding levels of client

satisfaction and retention, and an extensive suite of complementary

solutions that enables banks to respond to customer and market demands."



    In addition to SilverLake, Farm Credit Bank of Texas will initially

implement an array of Jack Henry Banking's complementary solutions

including Vertex Teller Automation System(TM), jhaKnow business

intelligence and analysis platform, Cognos 8 BI(TM) report generation

solution, and the modular Synergy(TM) Enterprise Content Management (ECM)

solution.

    About Farm Credit Bank of Texas



    Headquartered in Austin, the Farm Credit Bank of Texas provides funds

and services to 20 rural lending cooperatives in Alabama, Louisiana,

Mississippi, New Mexico, and Texas. The bank is also active in the capital

markets arena, participating in large loan opportunities in the food,

agribusiness, rural communications, and energy sectors. Additional

information is available at http://www.farmcreditbank.com.



    About Jack Henry Banking



    Jack Henry Banking, a division of Jack Henry & Associates, Inc., is a

leading provider of integrated computer systems for banks ranging from de

novo to mid-tier institutions. Jack Henry Banking currently serves

approximately 1,700 banks as a single source for integrated,

enterprise-wide automation and as a single point of contact and support.

Additional information is available at http://www.jackhenrybanking.com.



    About Jack Henry & Associates, Inc.



    Jack Henry & Associates, Inc. (Nasdaq: JKHY) is a leading provider of

computer systems and ATM/debit card/ACH transaction processing services

primarily for financial services organizations. Its technology solutions

serve more than 8,700 customers nationwide, and are marketed and supported

through three primary brands. Jack Henry Banking supports banks ranging

from de novo to mid-tier institutions with information processing

solutions. Symitar(TM) is the leading provider of information processing

solutions for credit unions of all sizes. ProfitStars(R) provides highly

specialized products and services that enable financial institutions of

every asset size and charter, and diverse corporate entities to mitigate

and control risks, optimize revenue and growth opportunities, and contain

costs. Additional information is available at http://www.jackhenry.com.



    Statements made in this news release that are not historical facts are

forward-looking information. Actual results may differ materially from

those projected in any forward-looking information. Specifically, there are

a number of important factors that could cause actual results to differ

materially from those anticipated by any forward-looking information.

Additional information on these and other factors, which could affect the

Company's financial results, are included in its Securities and Exchange

Commission (SEC) filings on Form 10-K, and potential investors should

review these statements. Finally, there may be other factors not mentioned

above or included in the Company's SEC filings that may cause actual

results to differ materially from any forward-looking information.