Canadian Tire Deploys Postilion Solution to Enable EMV Chip Program

Canada's premier retail brand uses Postilion to standardize payment capture across POS

NORCROSS, Ga. and TORONTO, Feb. 5 -- Postilion, a leading provider of integrated software solutions for payments processing and self-service banking and a division of S1 Corporation , today announced that Canadian Tire Corporation, one of Canada's most-shopped retailers, has implemented Postilion for Retailers to enhance in-store transaction security, simplify operational management, and provide the foundation for EMV chip acceptance.

The Postilion solution enables payments from Canadian Tire Retail's 473 stores to be seamlessly integrated with retail functionality at the POS. All aspects of EMV chip and PIN payment processing will be handled by the integrated solution, standardizing the payment capture mode across the store network. Transactions will be submitted to a centrally located payment switch for online authorization via the integrated POS.

Postilion for Retailers can deliver faster transaction processing times than those associated with older technologies, and eliminate the need for dial-up lines. The solution is PABP certified, thus simplifying PCI DSS compliance programs.

"Postilion has proven to be a key partner in helping us build out our payments systems strategy, and has enabled us to offer new payment methods and channels," said Rick Bankes, Vice President, Information Technology, Canadian Tire Financial Services. "The breadth of the Postilion solution has allowed us to address EMV compliance, while simplifying our payments infrastructure, and gives us the flexibility to meet future payments needs."

"We are pleased to be a part of the successful implementation and launch of Canadian Tire's EMV chip card acceptance program," said Doug Parr, General Manager, Postilion Payments Americas. "Our open-systems payments software solution provides the agility that large retailers like Canadian Tire need in order to respond to new business functionality demands while maintaining a reliable, compliant payments systems infrastructure."

About Canadian Tire

Canadian Tire Corporation, Limited (TSX: CTC.a, CTC), operates more than 1,170 general merchandise and apparel retail stores, gas stations and car washes in an inter-related network of businesses engaged in retail, financial services and petroleum. Canadian Tire Retail, Canada's most shopped general merchandise retailer, with 473 stores operated by Associate Dealers across Canada offers a unique mix of products and services through three specialty categories in which the organization is the market leader - Automotive, Sports and Leisure, and Home Products. www.canadiantire.ca offers Canadians the opportunity to shop online.

Canadian Tire Financial Services manages more than five million Canadian Tire MasterCard accounts and markets related financial products and services for retail and petroleum customers. Canadians can also access Financial Services online at www.ctfs.com. More than 57,000 Canadians work across Canadian Tire's organization from coast-to-coast in the enterprise's retail, financial services, and petroleum businesses.

About Postilion

Postilion, a division of S1 Corporation , is a leading provider of integrated solutions for self-service banking and payment processing. Our offices, on five continents, serve over 1,500 customers in more than 50 countries. Postilion solutions drive self-service financial transactions and payments, including advanced transactions such as prepay, through Internet access points, ATMs, POS terminals, and phones.

More than 100,000 ATMs and 500,000 POS terminals worldwide run on Postilion solutions. In the United States, over 1,250 credit unions and community financial institutions use Postilion solutions. Built on open systems, Postilion solutions provide consolidated management information, card management, 3DES and EMV enablement, and loyalty management. At the forefront of compliance with new regulations and security enhancements, such as the Payment Card Industry Data Security Standard (PCI DSS) and Visa's Payment Application Best Practices (PABP), Postilion can help customers achieve compliance with the latest data security standards developed by the payment card industry. More information is available at www.postilion.com.

About S1 Corporation

S1 Corporation delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at www.s1.com, www.postilion.com, www.S1enterprise.com, and www.fsb-solutions.com.

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at www.s1.com or the SEC's web site at www.sec.gov) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.