CEY Certegy

Certegy and Bank of Hawaii Announce Partnership to Offer Check Risk Management Services to Hawaii Merchants ST. PETERSBURG, Fla., March 14 /PRNewswire-FirstCall/ -- Certegy Inc. (NYSE:CEY), a leading global provider of payment services to retailers and financial institutions, today announced an agreement with Bank of Hawaii (NYSE:BOH) to provide full check warranty and electronic check processing services to merchants in the state of Hawaii, West Pacific and American Samoa. Combining Certegy's industry leading check risk management services with its merchant card processing services provides Bank of Hawaii with a comprehensive, highly competitive point-of-sale merchant solution. Certegy's check authorization service provides merchants with a secure and convenient method to accept more checks at the point of sale and process claims expeditiously, with a strong emphasis on customer service. "We are delighted to add Bank of Hawaii to our list of premier retail and financial institution customers," stated Jeff Carbiener, executive vice president and group executive of Certegy Check Services. "This new relationship expands our presence in the Hawaii region and validates Certegy's commitment to provide island retailers with high quality, around-the-clock risk and payment services." Certegy is a leading provider of check risk management and payment solutions serving retailers in North America, Europe and Asia Pacific. About Certegy Inc. Certegy (NYSE:CEY) provides credit and debit processing, check risk management and check cashing services, and merchant processing to over 6,500 financial institutions, 117,000 retailers and 100 million consumers worldwide. Headquartered in St. Petersburg, Florida, Certegy maintains a strong global presence with operations in the United States, United Kingdom, Ireland, France, Chile, Brazil, Australia and New Zealand, Thailand and the Caribbean. As a leading payment services provider, Certegy offers a comprehensive range of transaction processing services, check risk management solutions and integrated customer support programs that facilitate the exchange of business and consumer payments. Certegy generated over $1.0 billion in revenue in 2004. For more information on Certegy, please visit http://www.certegy.com/ . About Bank of Hawaii Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. The Company's principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii. For more information about Bank of Hawaii Corporation, see the Company's website, http://www.boh.com/ . Forward-Looking Statement The statements in this release include forward-looking statements that are based on current expectations, assumptions, estimates, and projections about Certegy and our industry. They are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of Certegy's control, that may cause actual results to differ significantly from what is expressed in those statements. Factors that could, either individually or in the aggregate, affect our performance are described in detail in the section entitled "Certain Factors Affecting Forward-Looking Statements" in our 2004 Annual Report on Form 10-K filed on March 11, 2005, with the SEC. DATASOURCE: Certegy Inc. CONTACT: Mary Waggoner, SVP Investor Relations of Certegy Inc., +1-678-867-8004 Web site: http://www.certegy.com/ http://www.boh.com/

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