MI Marshall & Ilsley Corp

Metavante Completes NYCE Corporation Acquisition Management Succession Plan Announced MILWAUKEE, July 30 /PRNewswire-FirstCall/ -- Metavante Corporation, the financial technology subsidiary of Marshall & Ilsley Corporation (NYSE:MI), has completed its acquisition of NYCE Corporation, one of the leading payment companies in the United States. NYCE will now be a wholly owned subsidiary of Metavante. Metavante also announced that Steven A. Rathgaber, NYCE's executive vice president and chief operating officer (COO), will become president, effective September 1, 2004, in addition to his COO position. Dennis F. Lynch, NYCE president and chief executive officer since 1996, plans to leave the company in September. As head of the NYCE business unit, Mr. Rathgaber will report to Frank G. D'Angelo, executive vice president and group executive, Metavante Electronic Funds Group. "As we enthusiastically welcome NYCE into the Metavante family, we wish Dennis Lynch well as he departs from NYCE this fall," said Frank R. Martire, Metavante president and chief executive officer. "We thank Dennis for his tremendous contributions during 10 years of service, which include establishing a talented, capable and proven management team. We now look forward to Steve's leadership. He is an exceptionally skilled executive who will help us take NYCE to its next level of achievement." Mr. Rathgaber has been executive vice president and chief operating officer of NYCE Corporation since 1997, responsible for managing the daily operations and ensuring that the company met its business plan and key performance objectives. He also manages sales, business development and the EFT business. Mr. Rathgaber joined NYCE in 1991 as vice president of operations and oversaw the creation of the NYCE Data Center. Mr. Rathgaber is also chairman of the board of Everlink Services, Inc., a Canadian-based joint venture between NYCE and Celero Solutions. He is a graduate of St. John's University. About Metavante Metavante Corporation delivers banking and payment technologies to financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image- based and conventional check processing, electronic funds transfer, and electronic presentment and payment. The company's services are marketed as Metavante or through the AFS, CSF, Kirchman, NYCE, PSI and Paytrust brands, all of which are trademarks of Metavante Corporation. Headquartered in Milwaukee, Metavante ( http://www.metavante.com/ ) is wholly owned by Marshall & Ilsley Corporation (NYSE:MI). DATASOURCE: Metavante Corporation CONTACT: Chip Swearngan of Metavante Corporation, +1-414-357-3688, , or Don Wilson of Marshall & Ilsley Corporation, +1-414-765-8043, Web site: http://www.metavante.com/

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