FNF Fidelity National Financial Inc

The Provident Bank to Support Growing Commercial Loan Portfolio with ACBS JACKSONVILLE, Fla., Feb. 10 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, and its Fidelity Information Services ("Fidelity") division today announced it has signed a long-term Application Service Provider ("ASP") agreement to provide Advanced Commercial Banking Systems ("ACBS") for The Provident Bank of New Jersey. The Provident Bank will utilize ACBS to support the bank's continued growth in commercial lending. The agreement includes implementation, application processing services and training. Through Fidelity's ASP processing capability, The Provident Bank will have complete access to the world-class capabilities of ACBS. Established in 1839, The Provident Bank is a community and customer- oriented company. With over $6 billion in assets, The Provident Bank emphasizes personal service and customer convenience in attending to the financial needs of individuals, families and businesses in northern and central New Jersey. "We have selected software and processing capability that will enable the The Provident Bank to continue its commercial portfolio growth, together with improvements in efficiencies and credit risk management," said Donald Blum, Executive Vice President and Chief Lending Officer for The Provident Bank. "Our goal is to provide our Relationship Managers with the range and depth of financial products they need to compete effectively, and couple them with timely delivery and superb customer service." "Our customers continue to validate that our strategy and improvements in the commercial lending sector is in line with their needs," said Richard Levy, president of Fidelity Information Services' ACBS division. "Having leading commercial lending systems available through an ASP means that The Provident Bank will have the tools to meet the corporate objectives of the bank and their customers. The Provident Bank, like all of our clients, will enjoy a close partnership with ACBS and will benefit from Fidelity's commitment to support, service and further product investment." Fidelity Information Services' ACBS is an integrated family of commercial lending products that automates the entire range of commercial lending activity, from deal origination through settlement and accounting, to risk management and loan trading. The products operate in real time in any currency. ACBS products run on Windows and AS/400 platforms or through an Application Service Provider and are licensed by 75 leading financial institutions. ACBS is the global leader in high-end systems for originating, syndicating, servicing, trading and settling of corporate loans, especially large syndicated loans. With more than 87 clients including 19 of the Top 25 global banks ranked by Tier 1 Capital, ACBS is being used to process in excess of 30% of syndicated loans. Fidelity National Financial, Inc., number 262 on the Fortune 500, is a provider of products and outsourced services and solutions to financial institutions and the real estate industry. FNF had total revenue of more than $6.2 billion and earned more than $560 million for the first nine months of 2004, with cash flow from operations of more than $925 million for that same period. FNF is the nation's largest title insurance company, with more than 30 percent national market share, and is also a provider of other specialty insurance products, including flood insurance, homeowners insurance and home warranty insurance. Through its subsidiary Fidelity National Information Services, Inc. ("FIS"), the Company is a leading provider of technology solutions, processing services and information services to the financial services and real estate industries. FIS' software processes nearly 50 percent of all U.S. residential mortgages, it has processing and technology relationships with 45 of the top 50 U.S. banks and more than 3,600 small and mid-sized U.S. financial institutions and it has clients in more than 50 countries who rely on its processing and outsourcing products and services. FIS also provides customized business process outsourcing related to aspects of the origination and management of mortgage loans to national lenders and servicers. FIS offers information services, including property data and real estate-related services that are used by lenders, mortgage investors and real estate professionals to complete residential real estate transactions throughout the U.S. More information about the FNF family of companies can be found at http://www.fnf.com/ and http://www.fidelityinfoservices.com/ . This press release contains statements related to future events and expectations and, as such, constitutes forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be different from those expressed or implied above. The Company expressly disclaims any duty to update or revise forward- looking statements. The risks and uncertainties, which forward-looking statements are subject to, include but are not limited to, the effect of governmental regulations, the economy, competition and other risks detailed from time to time in the "Management's Discussion and Analysis" section of the Company's Form 10-K and other reports and filings with the Securities and Exchange Commission. DATASOURCE: Fidelity National Financial, Inc. CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and Investor Relations, Fidelity National Financial, Inc., +1-904-854-8120, or Web site: http://www.fnf.com/ http://www.fidelityinfoservices.com/

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