BROOKFIELD, Wis., Jun 26, 2008 (BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ:FISV), a leading provider of information technology services to the financial and insurance industries, announced that for the third year in a row it has been named to the prestigious Fortune 500 ranking of the top American companies by Fortune magazine. Fiserv climbed to number 468 on the Fortune 500 2008 list.
"It's a great honor to be recognized amongst the leading companies in the U.S.," said Jeff Yabuki, Fiserv President and Chief Executive Officer. "Last year was a transformational year for Fiserv. We expanded the scope of our product and services offerings highlighted by the acquisition of CheckFree. We have laid the foundation for providing our financial services clients with innovative and integrated technology solutions. These changes should enhance our long-term growth profile and provide attractive shareholder returns."
Yabuki also credited the 24,000 employees of Fiserv with earning this ranking. "The quality of our people and their commitment to our clients are what make Fiserv successful. We are determined to deliver best-in-breed solutions to serve our clients and help them to achieve leadership in their markets. With our employees' determination, we should achieve an even more prominent position on the Fortune 500 list in the future."
The annual ranking, published by Fortune magazine, was announced in May.
About Fiserv, Inc.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv reported nearly $4 billion in total revenue from continuing operations for 2007. For more information, please visit www.fiserv.com.
SOURCE: Fiserv, Inc.
Fiserv, Inc. Investors: David Banks V.P. Investor Relations 262-879-5055 firstname.lastname@example.org or Media: Lori Stafford-Thomas Assistant Vice President Corp. Comm. 262-879-5130 Lori.email@example.com
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