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InterCept to Acquire HSI Computer Output Solutions/Superior Forms

Tuesday, October 02, 2001

Press release from the issuing company

NORCROSS, Ga., Oct. 1 The InterCept Group, Inc., a leading provider of banking technology products and services for community financial institutions, today announced it has entered into a definitive agreement to acquire the assets of HSI Computer Output Solutions (HSI), and its affiliate, Superior Forms, Ltd. Based in San Antonio, Texas, HSI is a full service provider of computer output solutions including data processing, laser document printing, and automated mailing services. HSI has a strong focus in the financial services industry and also provides products and services to government agencies, utility and telecommunication companies and medical institutions. John Collins, Chairman and Chief Executive Officer of InterCept, said, "This is an exciting acquisition as it greatly enhances our current statement and document rendering capabilities as well as giving us additional relationships with banks and credit unions.'' "HSI was built on the same principles as InterCept and we share their philosophy of building and maintaining long-term relationships through exceptional customer care and the delivery of cost-effective solutions. InterCept's performance and growth fully demonstrate these principles and we are very pleased to be a part of their company,'' stated George V. Shaw, III, President of HSI.




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