Adirondack Trust Company Chooses S2 Systems' OpeN/2 for ATM Network Expansion

Business Wire, March 6, 2001

Business Editors & High-Tech Writers

DALLAS--(BUSINESS WIRE)--March 6, 2001

S2's Powerful Transaction System Drives High-Volume ATMs

And Enables Migration to New and Emerging Online Technologies

S2 Systems, a global provider of integrated e-business solutions for the banking and financial services market, today announced that Adirondack Trust Company will deploy and leverage S2's OpeN/2(TM):ATM-IN-A-BOX to expand its ATM network.

S2's powerful transaction system replaces Adirondack's switch for driving and monitoring ATMs, and will also provide a migration path into Internet banking, wireless and other emerging online technologies.

OpeN/2(TM):ATM-IN-A-BOX is a flexible and reliable transaction engine capable of handling high volumes and supporting diverse applications. A robust, full-featured EFT engine, ATM-IN-A-BOX supports all current ATM transactions and easily adapts to support evolving services such as online bill payment, smart card transactions and other Web-based services.

"OpeN/2(TM):ATM-IN-A-BOX enables banking and financial services organizations to capitalize on the growing use of ATMs as versatile, multi-service revenue generators," said Jeff Chick, S2 Systems vice president and general manager, the Americas. "Our innovative ATM transaction processing solution enables companies such as Adirondack Trust to leverage technology while staying ahead of the innovation curve in today's wired marketplace. We look forward to helping Adirondack Trust with its present and future e-business initiatives."

"We are very pleased with S2's proven transaction processing technology and their other capabilities as well," stated Ned Wait, Adirondack Trust VP of IT. "As we move forward by expanding our ATM network to engage new markets, it is critical that our solution partner possess the domain knowledge and experience to meet our evolving needs."

Financial institutions benefit from the growing popularity of ATMs by improving customer satisfaction, prospering from the fee income ATMs generate and reducing branch operating costs. The continuing growth of ATMs is also fueled by the machine's capability of providing consumers with a broad array of value-added services.

About Adirondack Trust Company

The Adirondack Trust Company is a New York-state chartered commercial bank and a member of the Federal Reserve System. Founded in 1901, the employee-owned institution is the largest independent community bank and the highest rated bank in Saratoga County. The company operates seven branch offices in Saratoga Springs and nearby communities, has assets of approximately $400 million and 147 employees.

About S2 Systems

S2 Systems, Inc. is a leading global provider of e-business solutions for the banking, financial services, retail and travel and hospitality industries. For more than 15 years, some of the world's largest organizations have relied on S2 products to drive their high-volume e-commerce transactions. Today, our leading technology enables business worldwide to implement Web-based initiatives that improve operational efficiency, enhance customer service and generate new revenue streams. S2 Systems has over 350 banking customers worldwide including six of the world's top banks. Headquartered in Plano, Texas, S2 Systems has offices in Atlanta, London, Paris, Maarssen, Stockholm, Dubai, Riyadh, Hong Kong, Beijing and Melbourne. For more information about S2 Systems, visit its Web site at www.s2systems.com.