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TSYS Acquiring Solutions Plans Consolidated Discover Network Servicing

Acquiring Clients will be able to Offer Merchants the Convenience of Consolidated Servicing, Statementing and Settlement

Tempe, AZ, September 26, 2006

TSYS Acquiring Solutions^SM, formerly Vital Processing Services, the preeminent supplier of acquiring solutions, related systems and integrated support services to the acquiring industry, and Discover Financial Services LLC, a business unit of Morgan Stanley (NYSE:MS), today announced plans to integrate Discover Network card acceptance into it’s offering for merchant acquirers and independent sales organizations (ISOs).

It is the objective of TSYS Acquiring Solutions to offer its clients the ability to include the Discover brand, along with the other major payment brands and products supported by the TSYS Acquiring product suite. Full support for Discover branded products will be available on the TSYS Acquiring platforms, including integrated merchant billing and reporting, comprehensive merchant statementing and servicing, consolidated settlement processing, and exception and chargeback management.

“We are pleased to partner with Discover as a fully integrated acceptance brand,” said Rod Boyer, senior vice president, product and marketing for TSYS Acquiring Solutions. “The agreement will give our acquiring clients and their merchants the added convenience of receiving consolidated service, products, and reporting solutions, from us as a single-source provider.”

“The combined expertise, trust, and value both companies bring to this agreement will provide acquirers, ISOs, and merchants with an exceptional processing package,” said Harit Talwar, executive vice president, Discover Financial Services. “The strong relationships TSYS Acquiring Solutions has with acquirers enables Discover to further broaden Discover Network card acceptance among merchants while meeting their need for an all-in-one payments processing solution.”

About TSYS Acquiring Solutions
TSYS Acquiring Solutions is the preeminent supplier of acquiring solutions, related systems and integrated support services to the acquiring industry and its customers. TSYS Acquiring Solutions delivers comprehensive solutions and support that securely and reliably process billions of credit and debit transactions every year. From authorization and capture services to the clearing and settling of merchant transactions, critical customer support functions and information management services, TSYS Acquiring Solutions helps acquirers effectively manage and grow their merchant portfolios. TSYS Acquiring Solutions is a wholly owned TSYS^® (NYSE: TSS) subsidiary. Additional information about TSYS Acquiring Solutions can be found at www.tsysacquiring.com.

About Discover Financial Services
Discover Financial Services, LLC, a business unit of Morgan Stanley (NYSE: MS), operates the Discover Card with more than 50 million Cardmembers, and the Discover Network, which is the largest proprietary credit card network in the U.S. with more than 4 million merchant and cash access locations. Discover Financial Services also operates the PULSE ATM/debit network, which serves more than 4,200 financial institutions and includes nearly 250,000 ATMs and approximately 3.4 million POS terminals. For more information, visit www.discovercard.com, www.discovernetwork.com or www.pulse-eft.com.

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