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| Huntington Recognized by InformationWeek 500 for Its Innovative Technology Practices |
COLUMBUS, Ohio, Sept. 22 /PRNewswire-FirstCall/ -- Huntington today
announced that it has been ranked 18 out of 47 among banks and financial
service companies surveyed by Information Week magazine. Overall, Huntington
ranked 206 on CMP Media LLC's InformationWeek 500, a prestigious listing of
the most innovative users of information technology in the United States.
For 15 years, the InformationWeek 500 has tracked organizations'
information technology (IT) agendas, providing a unique opportunity to
understand and examine their business practices across core areas of
operations.
IT dollars are used primarily to develop, foster, and improve processes
that promote information-sharing across and beyond the enterprise. Regulatory
compliance is also prompting new IT spending in many sectors tracked by
InformationWeek. Web-based architecture, productivity-centric tools and
products, and IT infrastructure that promotes real-time data transmissions are
among the key technology initiatives sought by this year's InformationWeek
500.
"External validations of progress are always gratifying for the team,"
said Joe Gottron, Huntington's executive vice president and chief information
officer. "It's not a coincidence that our progress on the technology front
has paralleled our progress across the company over the last two years. We
are all very focused on improving how we service and deliver real value to our
customers. It's crystal clear what is driving our IT investments and agenda."
"The InformationWeek 500 are a major force in the U.S. economy," said
Stephanie Stahl, editor of InformationWeek. "Collectively, this year's 500
businesses will spend nearly $177 billion on technology tools, products, and
services. We expect this commitment to continue into 2004 when we estimate
that the InformationWeek 500 will spend $185 billion to establish and move
technology initiatives forward."
The InformationWeek 500 is the most detailed source of industry-specific
IT budget data. The research project gathered in-depth information directly
from companies about how they approach and prioritize their IT investments.
The research identified and ranked the companies following an extensive online
and phone study.
To read the article "Banking & Financial Services: Financial Firms Invest
For Growth article," which highlights Huntington's efforts,
visit http://www.informationweek.com , keyword search "Huntington."
About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $28 billion
regional bank holding company headquartered in Columbus, Ohio. Through its
affiliated companies, Huntington has more than 137 years of serving the
financial needs of its customers. Huntington provides innovative retail and
commercial financial products and services through more than 300 regional
banking offices in Indiana, Kentucky, Michigan, Ohio and West Virginia.
Huntington also offers retail and commercial financial services online
at http://www.huntington.com ; through its technologically advanced, 24-hour
telephone bank; and through its network of more than 850 ATMs. Selected
financial service activities are also conducted in other states including:
Dealer Sales offices in Florida, Georgia, Tennessee, Pennsylvania and Arizona;
Private Financial Group offices in Florida; and Mortgage Banking offices in
Florida, Maryland and New Jersey. International banking services are made
available through the headquarters office in Columbus and additional offices
located in the Cayman Islands and Hong Kong.
About Information Week
InformationWeek helps more than 440,000 business-technology professionals
who buy, build, and manage technology drive business innovation powered by
technology. In addition to the weekly magazine, InformationWeek provides a
platform of information solutions, including http://www.InformationWeek.com;
InformationWeek Research; InformationWeek Events, which includes the
InformationWeek Conference for business-technology executives; and the
InformationWeek Daily, an E-mail news service. In May 2003, in conjunction
with Optimize, InformationWeek launched its Media Network. The Media Network
consists of Optimize, Government Enterprise, and Healthcare Enterprise, as
well as its Vertical Industry Network publications, Bank Systems and
Technology, Insurance and Technology, and Wall Street and Technology.
InformationWeek is consistently recognized for its commitment to excellence
and innovation, receiving several of the industry's top media accolades,
including top spots in Technology Marketing's Influencers Report, BtoB
Magazine's annual Media Power 50, as well as awards from ASBPE.
About CMP Media LLC
CMP Media LLC ( http://www.cmp.com ) is a leading high-tech media company
providing essential information and marketing services to the entire
technology spectrum -- the builders, sellers, and users of technology
worldwide. Capitalizing on its editorial strength, CMP is uniquely positioned
to offer comprehensive, integrated media solutions tailored to meet marketers'
individual needs. Its diverse products and services include newspapers,
magazines, Internet products, research, direct-marketing services, education
and training, trade shows and conferences, custom publishing, testing, and
consulting.
SOURCE Huntington Bancshares Incorporated
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CONTACT:
Karen Del Toro, +1-614-480-3077, or
karen.deltoro@huntington.com, or Jeri Grier, +1-614-480-5413, or
jeri.grier@huntington.com, both of Huntington
