Business Services Industry
Heartland Payment Systems Named to InformationWeek 500
Business Wire, Sept 22, 2008
Company honored for its use of its proprietary, innovative payments processing technology
PRINCETON, N.J. -- Heartland Payment Systems (NYSE:HPY), a leading provider of credit/debit/prepaid card processing, payroll, check management and payments services, has been named a leader among the nation's most innovative companies for the second year in a row by InformationWeek. The InformationWeek 500 identifies and honors the nation's most creative users of information technology.
"We are honored to be named to this prestigious listing and, further, to be counted among the nation's 250 most innovative companies," said Bob Carr, Heartland's chairman and chief executive officer. "Heartland's proprietary technology - the only 21st century technology for brick and mortar companies in the payments industry - continues to enable us to bring new advancements to the marketplace quickly and cost-effectively. This empowers us to meet the ever-changing needs of business owners and our more than 250,000 customers nationwide."
InformationWeek recognized Heartland for its pioneering IT strategies, including its next-weekday-morning funding technology. Heartland's platform expedites deposits and funds merchants for their credit and debit card sales overnight so when businesses open the next weekday morning, the previous day's sales are readily available. The same technology that powers next-day funding delivers efficient, cost-effective, secure payments processing to Heartland's clients.
InformationWeek tracks the technology, strategies, investments and administrative practices of America's best-known companies. InformationWeek 500 is unique among corporate rankings because it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders. Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.
> About Heartland Payment SystemsHeartland Payment Systems, Inc., a NYSE company trading under the symbol HPY, delivers credit/debit/prepaid card processing, payroll, check management and payments solutions to more than 250,000 business locations nationwide.
Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, visit www.heartlandpaymentsystems.com and www.MerchantBillOfRights.com.
Forward-looking Statements
This press release may contain statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors. Information concerning these factors is contained in the Company's Securities and Exchange Commission filings, including but not limited to, the Company's registration statement on Form 10- K, or Form 10-Q as applicable. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
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