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On October 2, 2006, DST Systems completed its acquisition of Amisys Synertech, Inc. (ASI) through ASI's merger with a wholly owned subsidiary of DST Health Solutions, Inc. This press release was distributed by ASI prior to that date.

ASI Selected by ABA/ABIA to Participate on New HSA Council

ASI Joins Key Industry Leaders in Seeking to Increase Adoption of HSAs Nationwide

ROCKVILLE, Md. (January 24, 2006) –ASI, the nation’s leading consumer-directed healthcare (CDH) solution provider, was recently selected to participate on The HSA Council after being identified as one of the leading technology organizations addressing the needs of banks and health plans entering the CDH and HSA markets.
Jointly formed by the American Bankers Association and the American Bankers Insurance Association, The HSA Council is an organization of banks, insurers and technology leaders committed to increasing the distribution of health savings accounts (HSAs) through banks. The primary objectives of The HSA Council are to:

  • Provide a forum for a peer exchange of ideas
  • Facilitate meetings with top policy makers to discuss issues and shape policy
  • Focus attention on ways that ABA/ABIA can help banks address these issues

“ABA’s member banks have identified the type of comprehensive administration technology ASI has taken the lead in developing as a critical tool necessary for successful HSA distribution,” said Kevin McKechnie, ABIA’s associate director and staff director for The HSA Council. “Managing Health Savings Accounts by integrating both financial services and health care administration is a strategy equally beneficial to employers and consumers. To date, this approach to HSA administration confers upon its users an advantage in the marketplace.”

“ASI is committed to helping turn the current administration’s progressive vision for HSAs into a reality,” said Craig Combs, ASI’s senior vice president of business development and member of the newly formed council. “We have been supporting HSA administration since the inception and will continue to deliver the integrated tools and breadth of service that employers and consumers need to reap the rewards of these valuable healthcare investment vehicles. ASI is pleased and honored to be selected as a member of The HSA Council.”

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The information and comments above may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST's views as of today, and actual actions or results could differ. There could be a number of factors affecting future actions or results, including those set forth in DST's latest periodic financial report (Form 10-K or 10-Q) filed with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking comment. The Company will not update any forward-looking statements in this press release to reflect future events.

For more about DST Health Solutions press releases, contact ctgoldman@dstsystems.com.