FNF Fidelity National Financial Inc

BOK Financial Successfully Completes Conversion To Fidelity Information Services' Outsourcing Solution Bank Signs Eight-Year, $50 Million Outsourcing Agreement JACKSONVILLE, Fla., Dec. 15 /PRNewswire-FirstCall/ -- Fidelity Information Services, Inc. (Fidelity), a division of Fidelity National Financial, Inc. , a Fortune 500 provider of products, services and solutions to financial institutions and the real estate industry, today announced the completion of BOK Financial's conversion to Fidelity's outsourcing solution. The conversion is a major component of the eight-year, $50 million outsourcing agreement that was signed by both companies last year. BOK Financial recently converted its consumer and commercial loans, including syndicated loans, as well as its core deposits, bill payment, call center and Internet systems to Fidelity's solutions suite. The impact of the conversion was minimized by integrating BOK Financial's existing teller, automated teller machine and voice response applications with Fidelity's solution suite. Additionally, BOK Financial will benefit from the leveraged resources offered by Fidelity's technology centers in Little Rock, Ark., and San Diego, Calif. The agreement also calls for Fidelity to provide a dedicated onsite support team in Tulsa, Okla. "We looked at several solutions before selecting Fidelity, and based on our business strategy and long-term growth goals, we feel that Fidelity offers the most scalable and reliable platform. Additionally, our employees are able to access Fidelity's applications through a browser-based interface," said Mike Elvir, executive vice president and chief information officer for BOK Financial. "The conversion to Fidelity was the most complex project in our corporation's history. Given the magnitude of change that was implemented, the success of the transition fully met our expectations and we are now successfully operating in a completely new systems environment." "We were very impressed with the flexibility and responsiveness of the Fidelity management team as they responded to the challenges of a large and complex project," said Stan Lybarger, president and chief executive officer of BOK Financial. "Our product strategy and custom support model are closely aligned with BOK Financial's business strategy and future goals," said Roger Leitner, president of the Enterprise Banking Solutions division of Fidelity Information Services. "We look forward to a long partnership with the bank." Fidelity National Financial, Inc., number 326 on the Fortune 500, is a provider of products, services and solutions to financial institutions and the real estate industry. The Company had total revenue of $5.7 billion and earned more than $665 million in the first nine months of 2003, with cash flow from operations of nearly $984 million for that same period. FNF is one of the world's largest providers of information-based technology solutions and processing services to financial institutions and the mortgage and financial services industries through its subsidiary Fidelity Information Services, Inc. Fidelity Information Services processes nearly 50 percent of all U.S. residential mortgages, with balances exceeding $2.5 trillion, has processing and technology relationships with 46 of the top 50 U.S. banks and has clients in more than 50 countries who rely on its processing and outsourcing products and services. More than 34 percent of the total dollar volume of all outstanding consumer loans in the country is processed on Fidelity Information Services software applications. Additionally, FNF is the nation's largest title insurance company and also provides other real estate-related services such as escrow, flood and tax certifications with life of loan monitoring, merged credit reporting, property valuations and appraisals, default management, relocation services, flood, homeowners and home warranty insurance, exchange intermediary services, mortgage loan aggregation and fulfillment, multiple listing services software, mortgage loan origination software, collateral scoring analytics and real property data. More information about the FNF family of companies can be found at http://www.fnf.com/ and http://www.fidelityinfoservices.com/. BOK Financial is a $13 billion regional financial services company that provides commercial and consumer banking, investment and trust services, mortgage origination and servicing and an electronic funds transfer network. Holdings include Bank of Albuquerque, N.A.; Bank of Arkansas, N.A.; Bank of Oklahoma, N.A.; Bank of Texas N.A.; Colorado State Bank and Trust, N.A.; the TransFund electronic funds network; and broker/dealer BOSC, Inc. Shares of BOK Financial are traded on the Nasdaq under the symbol BOKF. For more information, visit the company's website at http://www.bokf.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, SVP, Finance and Investor Relations, Fidelity National Financial, Inc., +1-904-854-8120, or ; or Valerie Taylor, Marketing, Fidelity Information Services, Inc., +1-501-831-2799, or Web site: http://www.fidelityinfoservices.com/ http://www.fnf.com/ http://www.bokf.com/

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