Marks Promoted to Group Executive
Value Added Products Group Elevated to Division Status
Columbus, Ga., June 12, 2001 – TSYS® (NYSE: "TSS"), today announced the promotion of Andrew "Andy" Marks to the position of group executive and the elevation of his department, Value Added Products, to division-level status. The division supports credit evaluation, behavioral analysis, fraud detection and information management products and services for TSYS clients.
TSYS Chairman and CEO Richard W. Ussery said, "Andy has distinguished himself as a leader who consistently produces superior results. Andy and his Value Added Products team has been a major contributor in TSYS’ record earnings since the groups' formation more than two years ago. I’m confident that his wealth of knowledge and expertise will continue to help us thrive in this fiercely competitive marketplace. Congratulations to him and his team for their commitment and dedication to the vision of TSYS."
As group executive, Marks guides and directs the development, support and sale of TSYS’ value-added products and services. On the TSYS management team since 1991, Marks has held numerous positions, including Senior Director, Director of Business Planning, Director of Business Development and prior to his current position, Marks served as Group Vice President of Marketing and Business Development. A magna cum laude graduate of Princeton University, Marks serves on the Visa U.S.A. Card Operations and Risk Executive Council. He reports to Group Executive Bill Hunt.
About TSYS (www.tsys.com)
TSYS brings integrity and innovation to the world of electronic payments. TSYS serves as the integral link between buyers and sellers in the rapidly evolving universe of electronic payments. With almost 200 million accounts on file, TSYS makes it possible for millions of consumers to use their credit, debit, stored value, commercial, chip and retail cards anytime, anywhere through any medium or portal. TSYS and its family of companies offer a full range of acquiring and issuing services from accepting electronic payments for goods and services to credit applications, collections and bankruptcy. Based in Columbus, Ga., TSYS (NYSE: "TSS") processes for 21 countries, in 11 currencies, in three languages and maintains operations in Canada, Mexico, Japan and the United Kingdom. TSYS is an 80.8 percent-owned subsidiary of Synovus Financial Corp. (NYSE: "SNV") (www.synovus.com), No. 8 on FORTUNE magazine’s list of "The 100 Best Companies To Work For" in 2001. For more information, contact news@tsys.com.
Contacts:
Rebecca Stringer
Sr. Communications Specialist
ph. (706) 649-7193
rstringe@tsys.com
Leo S. Berard
Manager, Investor Relations
ph. 706.644-6081
leoberard@synovus.com