721683--2/27/2009--TOTAL_SYSTEM_SERVICES

related topics

{regulation, government, change}

{system, service, information}

{capital, credit, financial}

{regulation, change, law}

{loan, real, estate}

{product, market, service}

{financial, litigation, operation}

{acquisition, growth, future}

{property, intellectual, protect}

{personnel, key, retain}

{cost, contract, operation}

{operation, international, foreign}

{condition, economic, financial}

{cost, operation, labor}

Consolidation among financial institutions, including the merger of TSYS clients with entities that are not TSYS clients or the sale of portfolios by TSYS clients to entities that are not TSYS clients, or the nationalization or seizure by banking regulators of TSYS clients, could materially impact our financial position and results of operation. If we do not successfully renew or renegotiate our agreements with our clients, our business will suffer. Deterioration in economic conditions could adversely affect our business. Accounts on file may be lower than anticipated and internal growth rates for our existing clients may be lower than anticipated. We may incur expenses associated with the signing of a significant client to our processing system and in connection with our efforts to grow internationally or incur other costs that may hurt our financial results There may be a decline in the use of credit cards as a payment mechanism for consumers or adverse developments with respect to the credit card industry in general. We may not convert and deconvert clients portfolios as scheduled. We have pursued various strategic acquisitions and these acquisitions may be more difficult to integrate than anticipated. Our business may be adversely affected by risks associated with foreign operations. The costs and effects of litigation, investigations or similar matters, or adverse facts and developments related thereto, could materially affect our financial position and results of operations Changes in accounting policies and practices, as may be adopted by the regulatory agencies, the Financial Accounting Standards Board, or other authoritative bodies, could materially impact our financial statements. If we do not anticipate and respond to technological change or changes in industry standards, our services could become obsolete and we could lose our clients. Changes in the laws, regulations, credit card association rules or other industry standards affecting our business may impose costly compliance burdens and negatively impact our business. We may not be able to successfully manage our intellectual property and may be subject to infringement claims. Security and privacy breaches in our systems and system failures may damage client relations and our reputation. If we lose key personnel or are unable to attract additional qualified personnel, our business could be adversely affected.

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721683--2/27/2009--TOTAL_SYSTEM_SERVICES_INC