Standard Register Check Processing Software Featured Among EDS Credit Union Services

Business Wire, August 10, 1998

DAYTON, Ohio--(BUSINESS WIRE)--Aug. 10, 1998--Standard Register today announced that its LinkUp(R) intelligent check printing software will be included in EDS' information technology (IT) services for credit unions nationwide.

In the agreement, EDS' credit union services unit will include LinkUp among its service offerings. LinkUp works by printing on-demand, negotiable documents from blank, secure paper stock using existing data from customers' computer systems.

"EDS' credit union clients will benefit from our relationship with Standard Register because its LinkUp product can provide them with a more convenient, secure method for printing checks and other negotiable documents," said Scott Butler, national service delivery manager of EDS' Credit Union Industry Group.

"LinkUp is ideally suited for credit unions, filling a significant void that currently exists in the area of secure magnetic ink character recognition, or MICR laser check printing," said Rita Zimmerman, Standard Register manager, business partner program. "We are delighted to be working with EDS, an industry leader in the financial services sector."

EDS began providing data processing services to credit unions in 1974. The company's credit union services unit currently provides more than 2,400 credit unions with innovative financial services technologies, such as Web-based and PC-based home banking, debit cards, and multipurpose automated teller machines.

EDS, the official information technology services provider for World Cup 1998, is a leader in the global information services industry. The company's more than 110,000 employees specialize in applying a range of ideas and technologies to help business and government customers improve their economics, products, services and relationships. EDS, which serves customers in 45 countries, reported revenues of $15.2 billion in 1997. The company's stock is traded on the New York Stock Exchange (NYSE:EDS) and the London Stock Exchange. Visit EDS via the Internet at http://www.eds.com.

Standard Register (NYSE:SR) is a recognized leader in delivering document management systems, products and services to healthcare, financial and general business markets. Headquartered in Dayton, Ohio, the company employs more than 9,000 people and operates a nationwide network of printing facilities and sales offices. Standard Register reported 1997 revenues of $965.7 million. For more information, call 800-755-6405 or visit www.stdreg.com.

    CONTACT:  Standard Register
               Michael Sherman, SR Public Relations, 937/443-1633
               Robert J. Cestelli, SR Investor Relations, 937/443-1304
                              or
               EDS
               Tonya Roberson, EDS Marketing, 972/604-7359