FNF Fidelity National Financial Inc

Ryder System Federal Credit Union Puts Conversion to Fidelity Information Services' Mercury(TM) Core Processing Solution on the Fast Track Nationwide Member Base Gains Access to Electronic Services as Credit Union Moves from System Selection to Conversion in Less Than 30 Days JACKSONVILLE, Fla., Jan. 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 announce that Miami, Florida-based Ryder System Federal Credit Union ("RSFCU"), an independently operated credit union, has selected and successfully converted to Fidelity's Mercury(R) core processing system. RSFCU will use Mercury to support the comprehensive financial services needs of its nationwide base of more than 8,500 members. In addition to the core system conversion, Fidelity is providing an integrated online banking solution, nationwide ATM and debit card capabilities and a revised audio response system. "We researched both Fidelity and Mercury for months to ensure that we had found not only the right solution for our members' needs, but also the best business partner for our institution," said Mr. Kenneth A. Glenn, President of Ryder System Federal Credit Union. "In doing so, we found Fidelity to be a rock solid company and, as a result of numerous product comparisons, site visits and client interviews, we were convinced that Mercury -- with its Microsoft(R) Windows(R) architecture -- was truly the platform of the future for our credit union. And I believe it was the combination of the Fidelity team and the solid performance of Mercury that contributed to our nearly flawless conversion." The challenge for the credit union lies in the fact that its member population is dispersed across the country, making access to electronic delivery channels -- ranging from online banking to ATMs to telephone banking -- a critical factor in its selection of Mercury. "Our member base is significantly broader than those local members who walk into our lobby every day -- as many are the truck drivers, vehicle leasing and rental agents and supply chain specialists who are located throughout the country," added Glenn. "To effectively serve all of our members' needs, we required a solution that would allow us to seamlessly adapt our current services and quickly introduce new electronic channels, all at a cost-effective price to our institution. We have accomplished this goal with our selection of Mercury." Fidelity's Mercury is a Windows(R)-complete system -- or one that adheres to standards established by Microsoft -- and is designed specifically to meet the needs of mid-tier credit unions with a goal of establishing highly personalized, member-centric relationships. Tightly integrated with the Mercury core solution are electronic-based capabilities ranging from Internet banking to voice response to a nationwide ATM switch. Collections management, eStatements and Business Banking are among the additional capabilities integral to Mercury, many of which RSFCU plans to implement in the future. "Thanks to the extra efforts and expertise of our team and the superb staff of RSFCU, we converted systems accurately and ahead of schedule in almost all aspects, meeting the rapid turnaround requirements established by the credit union," stated Santo Cannone, senior vice president of Fidelity's Integrated Financial Solutions division and executive in charge of the company's credit union business. "Going forward, RSFCU can offer high value- added products and services to its members, enabling it to maximize the long- term growth potential of the credit union -- with Mercury serving as the true source of competitive advantage for RSFCU both today and for years to come." About Ryder System Federal Credit Union Originally chartered in 1949, Ryder System Federal Credit Union is an independently operated financial resource which currently has 8,500 members. Membership is available to all Ryder System, Inc. employees, employees of affiliated companies, as well as their family and household members. Visit http://www.ryderfcu.org/ for more information. About Fidelity National Financial 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 of Fidelity National Financial, Inc., +1-904-854-8120, or Web site: http://www.fnf.com/ http://www.fidelityinfoservices.com/ http://www.ryderfcu.org/

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