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Global Payments Inc.(TM) Ranked by BusinessWeek Magazine as an IT 100 Company
ATLANTA, Jun 24, 2002 /PRNewswire-FirstCall via COMTEX/ -- Global Payments Inc. (NYSE: GPN), a leading provider of payment card and check processing solutions, was recognized as one of The Information Technology 100 by BusinessWeek magazine in the publication's Annual Report on Technology Companies. Global Payments was ranked number 59 in the world, and listed among IT industry leaders such as IBM, HP, EBAY, Oracle and Dell. The IT 100 list appears in the June 24 issue.

(Photo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO )

In order to create The Information Technology 100, BusinessWeek started with 10,000 publicly traded companies, trimmed the list to information technology companies only, and added non-U.S. technology companies. To qualify, companies needed at least $300 million in revenue. After meeting other criteria determined by the magazine, companies were ranked using the following criteria: shareholder return, return on equity, revenue growth and total revenue, which was given 1.5 times the weight of the other categories.

"Global Payments is thrilled to be included in this prestigious group of worldwide technology leaders, and to also very pleased be listed as number 23 in the important ranking of shareholder return," said President and CEO, Paul R. Garcia.

Global Payments Inc. is a leading provider of electronic transaction processing services to merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, the United Kingdom, and Europe. Global Payments offers a comprehensive line of payment solutions including credit and debit cards, business-to-business purchasing cards, gift cards, Electronic Benefits Transfer (EBT) cards, check guarantee, check verification and recovery, terminal management and funds transfer services.

This announcement may contain forward-looking statements pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, development difficulties, foreign currency risks, costs of capital, continued certification by credit card associations, the ability to consummate and integrate acquisitions, and other risks detailed in the Company's SEC filings, including the most recent Form 10-K. Notes that reconcile the presentation of the normalized results included herein to GAAP results are filed with the SEC in the Company's most recent Form 10-K. The Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events. 

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SOURCE Global Payments Inc. 

CONTACT:          Phyllis McNeill of Global Payments Inc., +1-404-728-2661, or
                  fax, +1-404-728-3525, or phyllis.mcneill@globalpay.com 
                  /Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO
                  AP Archive:  http://photoarchive.ap.org
                  PRN Photo Desk, 888-776-6555 or 212-782-2840

URL:              http://www.globalpaymentsinc.com 
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