Total System Services, Inc., announced the merger of its wholly owned subsidiaries Mailtek, Inc. and TSYS Total Solutions, Inc. In an effort to streamline operations, Mailtek will become part of TSYS Total Solutions (formerly Lincoln Marketing).
Cliff Mason, recently named president of Total Solutions said, “We are excited about the merger and know that Mailtek’s service capabilities will be a definite asset to TSYS Total Solutions. By combining the strengths of Total Solutions and Mailtek, we will increase our direct mail capacity and diversify other products and services. Combining our resources puts us in a great position for future growth.”
Mailtek, based in Atlanta, will continue to operate out of Atlanta and Total Solutions will continue to work out of Columbus, Ga., in its new 72,000 square foot building. The new headquarters will accommodate growth in the company’s telemarketing division. New direct mail resources are being added immediately to enhance the Atlanta facility’s current capabilities.
TSYS Chairman of the Board and CEO, Richard W. Ussery said, “Our objective for quite some time has been to develop a totally integrated direct marketing company. This merger helps us to accomplish this goal. The services provided by Total Solutions and Mailtek are complementary, so the decision to establish one company was a practical one.”
Mailtek began as Software Services, Inc. in 1976, as a contract programmer to NCR computer users. Founded by Frank (Clint) Kibler, Jr., the company began providing mailing services in the late 1970s for its first client, C&S Bank. In 1982, Kibler determined Software Services should focus its efforts on mailing service. In 1985, the name was changed to Mailtek, Inc. to communicate the company’s new service focus to the marketplace. Mailtek was purchased in 1992 as a wholly owned subsidiary of TSYS.
Based in Columbus, Ga., Total Solutions specializes in inbound-outbound telemarketing, acquisition mailing, application processing, direct mail, correspondence fulfillment and other mailing services including laser printing and MICR, response processing and data entry, among others. These services are provided to banks and other financial institutions and integrate seamlessly into TSYS’ card processing system. The company has been a wholly owned subsidiary of TSYS since 1992.
Headquartered in Columbus, Ga., TSYS is one of the world’s largest credit, debit, commercial and private-label card processing companies, serving card- issuing institutions throughout the United States, Puerto Rico, Canada and Mexico, representing more than 92 million cardholder accounts. TSYS provides a comprehensive on-line system of data processing services marketed as THE TOTAL SYSTEM(R). In 1996, TSYS formed a joint venture with Visa(R) U.S.A. to create Vital Processing Services L.L.C. ([http//www.vitalps.com]), a leading full- service merchant services provider. TSYS’ 1997 revenues totaled $361.5 million; the company is an 80.7 percent owned subsidiary of Synovus Financial Corp. (NYSE SNV) (), a $9.3 billion asset, multi- financial services company and a component of the Standard and Poors 500 Index. Synovus also includes 34 banking affiliates in four southeastern states, a full-service brokerage firm, a comprehensive trust services provider and a mortgage services company. TSYS’ Internet address is .