FNF Fidelity National Financial Inc

JACKSONVILLE, Fla., June 13 /PRNewswire-FirstCall/ -- Fidelity National Information Services, Inc. (NYSE:FIS) today announced a multi-year outsourcing agreement to provide application support and development services for ING Netherlands' savings products. The new agreement expands an existing relationship as ING Netherlands will now utilize resources that will be distributed across two Fidelity National Information Services support center locations -- Amsterdam, Netherlands and Bangalore, India. Led by a dedicated team of product and development managers, the newly contracted offshore services in India will be provided through Covansys, Fidelity National Information Services' primary offshore resource partner. Covansys, which is partially owned by Fidelity National Information Services, is a US-based company, with more than 15 years' experience in application management and development offshoring activities. "Our existing relationship with ING Netherlands provides us with insight into their business goals and a keen understanding of the dynamic Dutch banking market, thereby enabling us to provide the product functionality, operational requirements and rapid response essential to continually meet the bank's needs," said Michael Sanchez, chairman of Fidelity National Information Services' International division. "We look forward to continuing to play a key role in the bank's technology plans for the future." "Fidelity National Information Services has over 35 years' experience in outsourcing, which allows us to draw on a wealth of resources and expertise. This agreement further demonstrates the growth potential of our outsourcing capabilities in the Europe, Middle East, Africa (EMEA) region and across the international marketplace," added Sanchez. "Our relationship with Covansys provides our clients with a unique opportunity to take advantage of lower costs inherent with the utilization of offshore resources, while relying on Fidelity National Information Services as a single point of contact for a truly customized approach." About ING Group ING is a global financial institution of Dutch origin with 150 years of experience offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of about 115,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand. Based on market capitalisation, ING is one of the 20 largest financial institutions worldwide and ranked in the top-10 in Europe. About Fidelity National Information Services, Inc. Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top ten. Nearly 50 percent of all U.S. residential mortgages are processed using FIS software. Headquartered in Jacksonville, Florida, FIS maintains a strong global presence, serving over 7,800 financial institutions in more than 60 countries worldwide. For more information on Fidelity National Information Services, please visit http://www.fidelityinfoservices.com/ . FIS is a majority-owned subsidiary of Fidelity National Financial Inc. (NYSE:FNF), number 248 on the Fortune 500 and a provider of outsourced products and services to a variety of industries. More information about FNF can be found at http://www.fnf.com/ . This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission. DATASOURCE: Fidelity National Information Services CONTACT: Michelle Kersch, Senior Vice President, Corporate Communications, +1-904-854-5043, or , or Mary Waggoner, Senior Vice President, Investor Relations, +1-904-854-3282, or , both of Fidelity National Information Services Web site: http://www.fidelityinfoservices.com/ http://www.fnf.com/

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