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Technology Stocks : Transaction Systems Architects (TSAI) -- Ignore unavailable to you. Want to Upgrade?

To: NotNeiderhoffer who wrote (15)	4/22/1998 1:40:00 PM
From: Mr.Manners	Respond to of 63

Neider, as long as it is otay... (hoff, hoff.. sorry, bad cold)

To: NotNeiderhoffer who wrote (15)	4/24/1998 10:42:00 AM
From: Mr.Manners	Respond to of 63

Not, this stock trades like some grannie on molasses.. time it gets to June, maybe it'll hit 51 1/8..hahaha... think I better put the old fire under them

To: NotNeiderhoffer who wrote (15)	4/27/1998 11:29:00 AM
From: Mr.Manners	Read Replies (1) \| Respond to of 63

Neider, thought you might want to see this, if you haven't Monday April 27, 8:32 am Eastern Time Company Press Release SOURCE: Transaction Systems Architects, Inc. Transaction Systems Architects Agrees to Acquire Intranet, Inc. OMAHA, Neb., April 27 /PRNewswire/ -- Transaction Systems Architects, Inc. (Nasdaq: TSAI - news) announced today that it has signed a definitive agreement to acquire IntraNet, Inc., a privately held corporation headquartered in Newton, Massachusetts. Transaction Systems will acquire all of the issued and outstanding shares of IntraNet in exchange for approximately 1.225 million shares of Transaction Systems' Class A Common Stock. The acquisition, which has been approved by the board of directors of both companies, is subject to certain conditions including IntraNet shareholder approval. IntraNet (www.IntraNet.com) is a leading provider of electronic payment systems for the worldwide banking community. The company's Money Transfer System (MTS) and CACHE application software products are used by nearly half of the 50 largest U.S. banks and by financial institutions in Europe and Australia. IntraNet products provide the critical payments processing infrastructure that keeps money moving across town or around the globe. By leveraging its strategic relationships, core technology and expertise, IntraNet continues to develop products based on open technologies that enable banks and their customers to capitalize on the convergence of traditional banking services and global electronic commerce. ''The merger of IntraNet and TSA reflects a major commitment on our part to address bank needs for high-value money transfer and payments processing,'' said William E. Fisher, chairman and chief executive officer of Transaction Systems Architects, Inc. ''With a long history as a market leader, IntraNet will head a new business unit focused on corporate banking as well as manage ongoing investment in our combined product sets and platform offerings. The IntraNet line of business will include more than 200 employees with experience in development, delivery and support of corporate banking systems.'' ''We are pleased to strategically join forces with Transaction Systems Architects,'' said Anthony Smith, chairman of IntraNet, Inc. ''TSA's depth of resources and established presence in nearly 70 countries enables IntraNet to more readily deliver and support best-of-breed software to growing international markets.'' IntraNet was founded in 1980 by MIT-educated engineers and businessmen who actively manage the company. Along with its headquarters in Newton, Massachusetts IntraNet has an office in New York City and international offices in London and Sydney. IntraNet is a member of the National Automated Clearing House Association (NACHA) and the Financial Services Technology Consortium (FSTC), as well as a key participant in its E-Check Project. Transaction Systems Architects' software facilitates electronic payments by providing consumers and companies access to their money. Its products are used to process transactions involving wire transfers, credit cards, debit cards, smart cards, home banking services, checks, as well as automated clearing and settlement. Transaction Systems' solutions are used on more than 2,900 product systems in 69 countries on six continents. Visit TSA on the World Wide Web at www.tsainc.com. SOURCE: Transaction Systems Architects, Inc. More Quotes and News: Transaction Systems Architects Inc (Nasdaq:TSAI - news) Related News Categories: computers, software Copyright c 1998 PRNewswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.