TSYS Appoints Healthcare Veteran to Lead Efforts in Developing Industry
Columbus, Ga., May 16, 2007 — Duane White, a 24-year veteran of the financial services and healthcare industries, has been hired to lead TSYS' healthcare initiatives effective immediately. TSYS is a leader in the healthcare industry, with more than 12 million transaction-enabled healthcare accounts on file.
"It's exciting to have someone with Duane's expertise and experience join TSYS in this capacity as the healthcare industry moves from paper-based payments and becomes more integrated with electronic card-based solutions," says M. Troy Woods, president and chief operating officer of TSYS. "Duane's record shows strong leadership and an ability to develop new solutions that meet the needs of this rapidly changing industry."
As part of his new role, Mr. White's immediate focus will be on the further development of TSYS' fully integrated multi-purse and split-tender solutions specifically for the healthcare industry. He also will concentrate on the healthcare provider community and how TSYS can address their needs for electronic payments. Mr. White will work closely with TSYS Acquiring Solutions, a wholly owned TSYS affiliate, as well as develop other strategic partnerships in the healthcare industry that will enable TSYS to become a one-stop shop for all healthcare financial processing needs. He will report to Andrew W. Marks, group executive for affiliate operations at TSYS.
Prior to joining TSYS, Mr. White served as the managing director of Polihua Holdings LLC, a consulting firm working with companies in the financial services and healthcare industries. He also spent four years at UnitedHealth Group (UHG) as chief operating officer for Exante Financial Services, a financial services start-up company within UHG. Mr. White played an integral role in the creation of Exante Bank and the development of real-time claims adjudication systems for UHG that enhanced consumer and healthcare provider experience.
Mr. White earned a Master of Business Administration from Harvard University and a Bachelor of Business Administration in Business Economics from the University of Wisconsin - Eau Claire.
About TSYS
TSYS (www.tsys.com) is one of the world's largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit and prepaid services for financial institutions and retail companies in North America, Europe and the Asia-Pacific regions. Based in Columbus, Ga., TSYS (NYSE: TSS) is closely held by Synovus Financial Corp. (NYSE: SNV), one of FORTUNE magazine's "Most Admired Companies" and a member of its "100 Best Companies to Work For" for 10 straight years. For more information, contact news@tsys.com.
Contacts
Cyle Mims
TSYS Media Relations
+1.706.644.3110
cylemims@tsys.com
Shawn Roberts
TSYS Investor Relations
+1.706.644.6081
shawnroberts@tsys.com