To: SSP who wrote (53963 ) 7/10/2000 1:09:55 PM From: Jim Bishop Respond to of 150070 GLCP I'm in on the news. Chart looks good, and it hasn't run for a while. Greenland Corporation and ACS Retail Solutions Join to Provide Self-Service Check Cashing Processing for More Than 200 Retail Locations New Contracts Bring Best Internet Technology to the Emerging Self-Service Financial Transactions Market OCEANSIDE, Calif., July 10 /PRNewswire/ -- Greenland Corporation (OTC Bulletin Board: GLCP - news) announced today that it has signed systems development and work agreements with ACS' (NYSE: ACS - news) Retail Solutions division to provide Greenland's proprietary back office check cashing software and processing capabilities for over 200 ACS retail customer sites to be installed beginning later this year. Having earlier announced an ACS hardware distribution agreement with Greenland, these agreements are the next step towards providing the most economical and user friendly self-service check cashing solution available in this exciting emerging market today. Long-term, joint work contracts are currently under final negotiations and are expected to be complete by mid-July. Upon consummation of the final contracts, retail locations, hardware identification, team members and customer identifications will be announced. In support of ACS customer initiatives, Greenland has been developing unique thin-client Java software that will connect approximately 200 check cashing stores with Greenland's Oceanside, California support center and with ACS Retail Solutions Technical Assistance Center [A-TAC(TM)] in Dallas, Texas. Greenland will be providing its state-of-the-art communication technology and check cashing service center technology to transport and process in real time all check cashing transactions. In addition, Greenland is providing its call center technologies to virtually duplicate the Greenland Oceanside processing center in the A-TAC facility in Dallas, Texas. Using the latest Cisco Systems intelligent routing capabilities, ACS will become Greenland's mirror processor providing call center load balancing, help desk support services and, eventually full disaster recovery in case of business interruption at the Oceanside facility. Plus, as the number of customer transactions grow from both Greenland supplied machines and/or other check cashing services clients, Greenland will use ACS' call center expertise and capabilities to process an increasing number of transactions through the A-TAC facility. Dr. Louis T. Montulli, Chairman and CEO of Greenland Corporation stated, ``The fact that ACS chose Greenland's proprietary state-of-the-art technology to accomplish this major check cashing services introduction is the most important single event in the history of Greenland Corporation. The selection of Greenland acknowledges the significant accomplishments made by Greenland to bring the best that Internet technology has to offer to the emerging self-service financial transactions market. The Greenland solution has been identified as the best in the industry and we are extremely pleased to join with ACS Retail Solutions as a part of this exciting new program. We look forward to providing the best check cashing services possible to the customers using these 200-plus self-service locations.'' Mr. T. A. ``Kip'' Hyde, Jr., Vice President of Sales and Marketing for ACS Retail Solutions stated, ``After a thorough search for the best-of-breed in self-service check cashing technology, and after two months of intense teamwork, we are exceptionally pleased to have Greenland as a check cashing services partner. By adding ACS' core competencies in help desk and customer support to Greenland's outstanding web-based technologies, we are creating a check cashing services provider second-to-none. We look forward to the launch of the first locations this fall and to a long and successful relationship with Greenland.'' About Greenland Corporation Greenland Corporation is a developer and manufacturer of automated payroll check-cashing machines with full ATM functionality, phone card sales, money order dispensing and payday advance services. The Company's automated financial services machines are being developed to provide dispensing of travelers checks, wire transfers, bill paying and electronic benefit transfers in addition to cashing payroll and government checks. The company's common stock trades on the OTC Bulletin Board under the symbol ``GLCP''. Visit Greenland Corporation on the Internet at www.greenlandcorp.com. About Affiliated Computer Services, Inc. ACS is a Fortune 1000 company providing technology solutions to commercial and government clients worldwide. The company delivers e-solutions; consulting and systems integration services; and complete technology and business process outsourcing solutions to a diverse base of clients and industries. ACS solutions are designed to promote value and enhance business performance and are delivered by more than 17,000 people in 20 countries. The company's Class A common stock trades on the New York Stock Exchange under the symbol ``ACS''. ACS makes technology work for out clients. Visit ACS on the Internet atacs-inc.com . Except for historical financial information that may be contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties including, but not limited to, such factors as test market success, market demand, pricing, and changes in worldwide economic conditions. SOURCE: Greenland Corporation