For the six months ended June 30, 2004 revenue was $254.8 million, up 16% from $219.6 million in 2003. Net income for the six months ended June 30, 2004 was $26.4 million, or $0.49 per diluted share, up 34% and 32%, respectively, from comparable 2003 net income of $19.6 million, or $0.37 per diluted share.

Net income for the six months ended June 30, 2003 included after-tax restructuring charges of $0.8 million related to the consolidation of technology functions and a loss on the sale of 14 regional sales offices.

Merchant Card Services transaction and dollar volume increased to record levels for the second quarter and six months ended June 30, 2004. Merchant Card Services transactions processed were 1.2 billion for the quarter and 2.3 billion for the six months ended June 30, 2004, both representing an increase of 16% over comparable 2003 transaction volume. Merchant Card Services dollar volume processed was $48.4 billion for the quarter and $92.8 billion for the six months ended June 30, 2004, representing increases of 15% and 14%, respectively, over comparable 2003 dollar volumes.

As of June 30, 2004, the Company had $291 million of cash and cash equivalents with no debt and total shareholders' equity of $551 million.