Under the agreement, the two companies are jointly developing an interface which will provide seamless operation between CBORD Odyssey Privilege Control System and Higher One’s system to provide joint customers the advantage of targeted banking services along with their campus card privileges. This new solution provides increased benefits to campus cardholders by extending the use of the campus card to off-campus merchant locations worldwide. In addition, this new partnership allows customers the ability to integrate with checking deposit accounts.

“We are excited to bring this interesting new set of banking services and capabilities to our campus card clients”, says Bruce Lane, CBORD partner and Vice President. “Our Campus Elements Program has allowed best-of-breed services and systems to be interfaced to our campus card systems, providing our customers with industry-standard solutions. The Higher One solution is a dynamic new addition to the Campus Elements Program and could provide significant benefits to universities and their students alike”.

Dean Hatton, Higher One CEO stated, “We are pleased and excited about our new partnership with CBORD. Together, Higher One and CBORD will provide interesting and new value-added services to the higher education market as we develop systems interoperability.” Walter Hinckfoot, VP National Sales adds “Through this partnership, colleges and universities can leverage their one-card solutions to provide added value for students and employees, while providing significant cost savings to the institution. We look forward to speaking with all CBORD clients in the near future.”

About The CBORD Group, Inc.

CBORD was founded in 1975 to serve the needs of campus auxiliary services. With the introduction of its first campus card system in 1979, CBORD has grown to serve the largest installed base of campus card and cashless systems users across North America. CBORD’s Odyssey PCS‰ is its sixth generation campus card system and represents state-of-the-art network and internet-enabled privilege control services.


CBORD’s Odyssey platform also provides integrated housing management solutions for universities as well as interfaced operations with industry-standard CBORD food management software. The CBORD Group, Inc. is headquartered in Ithaca, New York. Visit CBORD at www.gotmycard.com and www.CBORD.com.

About Higher One

Higher One provides customized private label and one card banking relationships to higher education institutions. The company’s solutions help university partners reduce administrative costs, streamline business processes, increase revenue opportunities, improve the student experience, and strengthen the campus community. The company is led by a team of executives with backgrounds in higher education, finance, banking, and entrepreneurship. Fred Frank, Vice Chairman of Lehman Brothers, John Griswold, VP for External Communications for the Commonfund, Carl Hanes, Past Chairman of NACUBO, and other leaders in higher education and finance serve as advisors to the company. David Cromwell, former CEO of JP Morgan Capital, and Paul Biddelman, President of Hanseatic Corporation, serve on Higher One’s board

Media Contact:
Cindy McCall (clm2@cbord.com)
Marketing Manager
Communicating Systems Division
The CBORD Group, Inc.
TEL 607 257-2410 _ FAX 607 257-1902