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Elavon and RCG Global Services announce Strategic Partnership

USB
Elavon and RCG Global Services announce Strategic Partnership

Partnership to include global sourcing of information technology services

EDISON, N.J., June 11, 2013 /PRNewswire/ -- Elavon, a wholly owned subsidiary of U.S. Bancorp (NYSE: USB) and a leading global payment solutions provider, has selected RCG Global Services® as a strategic global sourcing partner for business consulting and technology services. RCG's targeted solutions apply industry expertise to business initiatives, blueprints to effect business change and technology to achieve success.

The partnership with Elavon began in November of 2012 with a three-year contract to provide quality assurance and software testing services. Additional expansion of the relationship is planned and will support the company's growth and expansion plans by adding capacity and maintaining quality of their applications.

Elizabeth Holmes, Elavon's SVP - IT Governance & Quality Assurance, said, "Every day we strive to meet and exceed customer expectations, and focus on providing quality solutions that meet the expanding needs of our business partners. Working with RCG helps us create new efficiencies and align our business objectives with the goals of the entire organization."

"RCG looks forward to providing the organizational capacity and proven QA and testing support services that Elavon needs to meet their growth plans with quality software products," said Rob Simplot, President & CEO of RCG Global Services.

About Elavon (www.elavon.com): Elavon is wholly owned by U.S. Bancorp (NYSE: USB) and provides end-to-end payment processing solutions and services to more than one million merchants in the United States, Europe, Canada, Mexico, Brazil and Puerto Rico. Elavon markets solutions including credit and debit card processing, electronic gift cards, dynamic currency conversion, multi-currency support, and cross-border acquiring through multiple alliance channels including financial institutions, trade associations, and third party sales agents. Elavon's suite of solutions is tailored to meet the needs of merchants in specialized markets such as retail, hospitality/T&E, health care, education and the public sector.

About RCG Global Services®: RCG Global Services has a rich 39-year history of providing professional services to the Global 1000 marketplace. Practices include Business Consulting, Business Intelligence, Development Services, and Outsourcing (QA and Software Testing, Application Management and BPO). RCG serves 250 clients and 25 of the Fortune 100 across a range of markets, with special focus on the Insurance, Retail, Healthcare, Entertainment/Hospitality, and Energy/Utilities industries. RCG is based in Edison, New Jersey, with 12 offices nationwide, and an Offshore Delivery Center in the Philippines.

SOURCE RCG Global Services



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