For additional information contact:
Michelle Kersch, Sr. VP, Marketing and Corporate Communications, Marketing Communications
Phone: 904-854-5043, Email: michelle.kersch@fnis.com
Mary Waggoner, Sr. VP, Investor Relations, Fidelity National Information Services
Phone: 904.854.3282, Email: mary.waggoner@fnis.com
JACKSONVILLE, Fla. – Fidelity National Information Services, Inc. (NYSE: FIS), today reiterated its outlook for full year 2007 earnings. Consistent with its previous guidance issued October 24, 2007, FIS anticipates full year 2007 adjusted net earnings of approximately $1.90 per diluted share, and adjusted cash earnings of approximately $2.44 per diluted share. These expectations are based on a preliminary review of the Company’s unaudited full year and fourth quarter 2007 results, and are subject to adjustments arising in the course of completing the fourth quarter and year end financial closing process.
FIS will announce fourth quarter and full year 2007 financial results before the open of regular market trading on Thursday, February 14, 2008. The company will also sponsor a live webcast of management’s conference call beginning at 8:30 a.m. Eastern time on Thursday, February 14, 2008. To access the webcast, go to the Investor Relations section of FIS’ homepage, www.fidelityinfoservices.com. To participate via telephone, dial 800.230.1085 (USA) or 612.332.0335 (International). A replay of the conference call will be available via webcast through FIS’ Investor Relations website at www.fidelityinfoservices.com. A telephone replay will be available beginning at approximately 10:30 a.m. Eastern time on February 14, 2008, through February 28, 2008, by dialing 800.475.6701 (USA) or 320.365.3844 (International). The access code will be 906729.
About Fidelity National Information Services
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 and mortgage lenders. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor’s (S&P) 500® Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insights in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 10,000 financial institutions in more than 80 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.
Forward-Looking Statements
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 events 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: the possibility that preliminary financial information will be adjusted in the course of completing our financial closing process; changes in general economic, business and political conditions, including changes in the financial markets; the effects of our substantial leverage, which may limit the funds available to make acquisitions and invest in our business; the risks of reduction in revenue from the elimination of existing and potential customers due to consolidation in the banking, retail and financial services industries; failures to adapt our services to changes in technology or in the marketplace; adverse changes in the level of real estate activity, which would adversely affect certain of our businesses; our potential inability to find suitable acquisition candidates or difficulties in integrating acquisitions; significant competition that our operating subsidiaries face; the risks and uncertainties related to our recently announced data theft, which continues to be investigated, and which includes the potential for fines, increased operating costs and loss of business; the possibility that our acquisition of EFD/eFunds may not be accretive to our earnings due to undisclosed liabilities, management or integration issues, loss of customers or other factors; 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.