John N. Venzon Named General Manager of Internet Solutions

MONETT, Mo., April 2, 2013 /PRNewswire/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announced that John N. Venzon has assumed the executive position of general manager of Internet solutions which has been performed by Vernon E. "Pete" Hopkins since July 1, 2007. Effective April 30, 2013, Mr. Hopkins will retire from Jack Henry & Associates after serving the company in a variety of progressive roles since 1995.

In his new role, Mr. Venzon will provide executive oversight of the development and support of the company's growing array of solutions that support financial institutions' Internet, mobile, and tablet channels. Mr. Venzon will join the company's senior management team that currently encompasses 14 functionally aligned general managers and he will report to Tony Wormington, president of Jack Henry & Associates. 

Jack Henry & Associates' suite of Internet banking solutions includes online banking and cash management; mobile and tablet; retail and small business electronic bill payment; person-to-person payment; online account opening; online financial management (OFM); electronic invoicing and receivables; electronic statement generation and delivery; Web site design, hosting, and maintenance; multiple authentication and security solutions; and a variety of add-on applications.

According to Mr. Wormington, "Our best-of-suite online and mobile banking solutions provide the strategic components of a comprehensive e-commerce strategy that financial institutions must offer in order to attract and serve today's convenience-driven consumers and to effectively compete. As this product suite continues to grow, as the individual solutions inherently become more sophisticated and complex, and as the number of financial institutions depending on these customer-facing solutions continues to increase we are excited to have someone of John's caliber to take these dynamic solutions to the next-level. We are confident John's background and experience will enable him to make immediate tactical and strategic contributions."

Mr. Venzon said, "The online and mobile banking channels have evolved into mission-critical components of financial institutions' business strategies and a top-tier initiative for Jack Henry & Associates. The opportunity to join this highly respected company and assume this position will enable me to leverage my experience to continually advance these solutions, the value they deliver to our clients, and the experience they provide for end users. I look forward to embedding myself in the impressive organization Pete has built and to helping optimize the market presence and potential we have with these solid solutions."  

Mr. Venzon joins Jack Henry & Associates after beginning his career with IBM where he spent 14 years serving in a variety of leadership roles, primarily focused on the financial services industry and encompassing hardware, software, and client management. He subsequently held positions with a variety of companies including an Internet start-up and six years with Bank of America in various roles and capacities including enterprise payments programs executive, customer service and support executive, global consumer bank executive, global treasury services executive, global payments and investment bank executive, and program manager for global technology and operations. Most recently he has served as the president of an environmental services franchise company. He has a B.S. in mechanical engineering from Carnegie Mellon University. He currently resides in Davidson, N.C. with his wife Laurie and their two children. They will be relocating to the Kansas City area within the year.

About Jack Henry & Associates

Jack Henry & Associates, Inc.^® (NASDAQ: JKHY) is a leading provider of computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,900 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking^® supports banks ranging from community to mid-tier institutions with information processing solutions. Symitar^® is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars^® provides best-of-breed solutions that enhance the performance of domestic and international financial institutions of all asset sizes and charters using any core processing system, as well as diverse corporate entities. Additional information is available at www.jackhenry.com.

Statements made in this news release that are not historical facts are forward-looking information.  Actual results may differ materially from those projected in any forward-looking information.  Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information.  Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements.  Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.

SOURCE Jack Henry & Associates, Inc.