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Fifth Third's Midwest Payment Systems to deploy ATMs at Eckerd stores

December 13, 1999

CINCINNATI -- Midwest Payment Systems, a Fifth Third Bank subsidiary, has signed an ATM venture agreement with Eckerd Corporation. Fifth Third will install and operate 20 ATMs at Eckerd locations throughout Florida. Eckerd already has a processing relationship with MPS. Noting that Eckerd relies on MPS for its debit and EBT services, Bob Sloan, Eckerd vice president, Operation Services, said, "Now, by taking advantage of MPS' expertise in installing and operating an ATM network, we are able to place ATMs in our high tourist area stores and provide our customers in those locations with an added measure of convenience." Barry L. Boerstler, executive vice president of Fifth Third Bank, said, "MPS is pleased to extend our existing working relationship with Eckerd Corporation to help them deliver service to their customers. We look forward to assisting Eckerd further in this endeavor as needs arise." Founded in 1898, Eckerd operates 2,850 drug stores in 20 states. A subsidiary of Fifth Third Bank, MPS processes approximately four billion ATM, POS and e-commerce transactions per year for more than 60,000 retail locations and financial institutions worldwide, including Federated Department Stores, The Kroger Co. and CompUSA.