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Discover Financial Services Receives Honors For Technology That Deploys Business Models Faster

November 11, 2008

RIVERWOODS, Ill.--(BUSINESS WIRE)--Nov. 11, 2008--Discover Financial Services has received Computerworld's inaugural Enterprise Intelligence Award that honors best practices in the use of information technology solutions built on Teradata platforms.

Discover was the winner in the "Integrated View of the Business" category for its Integrated Decisioning System project, which is designed to speed up the time to market for deploying business models and strategies that help the company more effectively respond to changing market conditions and more quickly gain insights into customer behavior.

"This recognition underscores Discover's commitment to deploy technology that contributes to the company's bottom line and brings out the best in our talented employees," said Diane Offereins, chief technology officer at Discover.

The awards program is independently managed by Computerworld, sponsored by Teradata, with judges selected from senior IT management who themselves have received past industry awards.

Judges evaluated and ranked the finalists and winners against criteria that included demonstration of strategic importance to the business, substantial customer impact and financial return and measurable payback. Winners were announced Oct. 13 at the Teradata Partners User Group Conference & Expo conference in Las Vegas.

About Computerworld

Computerworld is the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (www.computerworld.com), weekly publication, focused conference series and custom research from the hub of the world's largest (40+ edition) global IT media network. In the past five years alone, Computerworld has won more than 100 awards, including Folio Magazine's 2006 Gold EDDIE Award for the best technology/computing magazine, the 2004 and 2006 Magazine of the Year Award, and 2006 Best Overall Web Publication from the American Society of Business Publication Editors (ASBPE). In addition, in 2007 Computerworld's then editor in chief, Don Tennant, received the prestigious Timothy White Award from American Business Media. Computerworld leads the industry with an online audience of over 2 million unique, monthly visitors and a print audience of 1,222,000 readers each week (IntelliQuest CIMS Spring 2007).

About Discover Financial Services

Discover Financial Services (NYSE: DFS) is a leading credit card issuer and electronic payment services company with one of the most recognized brands in U.S. financial services. The company operates the Discover Card, America's cash rewards pioneer. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Its payments businesses consist of the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 185 countries and territories. For more information, visit www.discoverfinancial.com.

CONTACT: Discover Financial Services
Jon Drummond
224-405-1888
jondrummond@discover.com

SOURCE: Discover Financial Services