ATLANTA, July 17 /PRNewswire-FirstCall/ -- S1 Enterprise a leading provider of customer interaction software solutions for financial and payment services, congratulates SunTrust Banks, Inc., for the milestones it has achieved with its online banking services for small businesses. Last year SunTrust, one of the nation's largest commercial banking organizations, deployed the S1 Business Banking solution, which the bank branded as its Online Cash Manager product for business clients.

Barlow Research Associates, a national small business research firm, recently featured SunTrust's Online Cash Manager tool as a best-practice example for online banking enrollment. Barlow Research cited Online Cash Manager during its Real-Time Connection Web Conference, an event sponsored by Barlow's Business Internet Banking Research program for business Internet banking power-users.

"S1 is delighted to see SunTrust gain recognition for the success they have achieved in this highly competitive market," said Matt Hale, group president for S1 Corporation. "SunTrust has done a superb job of differentiating its online banking services for businesses and promoting effective use. The bank is attracting and retaining business clients who appreciate the ease of use, flexibility and value they can gain from online banking at SunTrust."

"This report from Barlow Research Associates is the latest confirmation of our strategy for serving the online financial needs of our small business clients and our partnership with S1 and its Business Banking platform in executing it," said Derrick Ragland, SunTrust's senior vice president of business banking. "The findings in this report convey that Online Cash Manager helps meet our business clients' high expectations for online banking."

The S1 Business Banking solution, one of seven S1 Enterprise applications, provides a unique set of capabilities for business owners and operators to simplify operations, including tools that help them maximize cash flow, manage payables and receivables, and obtain timely management information. The functionally rich, easy-to-use service features robust modules for accessing account information, making payments and transfers, and performing other check services online. The application also offers a small-business oriented user interface and multiple-user access with flexible entitlement and approval levels.

SunTrust, which offers business-oriented packaged solutions with the suite of Online Cash Manager products, continues to address the growing online needs a small business encounters as its business expands and matures. The bank has implemented the latest features of S1 Business Banking, including balance alerts and reminders, online viewing of commercial loan and lines-of-credit accounts, enhanced balance and summary reporting, and enhanced online check image viewing. These enhancements are in addition to a robust offering of standard features such as real-time account reporting, tiered authority access for company users, optional approval payment options, direct deposit and tax payments, up to 18 months of bank and analysis statements, real-time stop payments and transfers with immediate confirmations, and billpay with e-bills.

About Barlow Research Associates, Inc.

Barlow Research is an established leader in business banking market research, guidance and research-based performance management solutions for the financial services industry. Founded in 1980, Barlow Research's clients are comprised of leading business banks across the United States. Barlow has attained its enviable position by providing clients with actionable research derived from its continuous work in small business banking, middle market banking and business Internet banking focusing upon the voice of the customer relative to business banking practices, preferences, and satisfaction. For more information, please visit www.barlowresearch.com.

About SunTrust Banks, Inc.

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of March 31, 2006, SunTrust had total assets of $178.9 billion and total deposits of $122.0 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24- hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides credit cards, mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.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 http://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.

SOURCE S1 Corporation

Leisha Richardson of S1 Corporation,
+1-512-336-3028,
leisha.richardson@s1.com; or
Kyle F Flaherty of Horn Group,
+1-781-356-7166,
kflaherty@horngroup.com