-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001193805-07-000197.txt : 20070129
<SEC-HEADER>0001193805-07-000197.hdr.sgml : 20070129
<ACCEPTANCE-DATETIME>20070129182640
ACCESSION NUMBER:		0001193805-07-000197
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070119
FILED AS OF DATE:		20070129
DATE AS OF CHANGE:		20070129

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			C4S & CO LLC
		CENTRAL INDEX KEY:			0001267474
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562398

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128457909

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RCG HALIFAX FUND LTD
		CENTRAL INDEX KEY:			0001275884
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562401

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2129457909

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RAMIUS MASTER FUND LTD
		CENTRAL INDEX KEY:			0001275886
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562402

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2129457909

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RAMIUS ADVISORS LLC
		CENTRAL INDEX KEY:			0001275893
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562405

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2129457909

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			COHEN PETER A
		CENTRAL INDEX KEY:			0001042589

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562407

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2128457909

	MAIL ADDRESS:	
		STREET 1:		666 THIRD AVE
		STREET 2:		26TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			S1 CORP /DE/
		CENTRAL INDEX KEY:			0001063254
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		IRS NUMBER:				582395199
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3500 LENOX ROAD
		STREET 2:		SUITE 200
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30326
		BUSINESS PHONE:		4049233500

	MAIL ADDRESS:	
		STREET 1:		3500 LENOX ROAD
		STREET 2:		SUITE 200
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SECURITY FIRST TECHNOLOGIES CORP
		DATE OF NAME CHANGE:	19980603

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Admiral Advisors, LLC
		CENTRAL INDEX KEY:			0001329989
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562399

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-201-4841

	MAIL ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RAMIUS CAPITAL GROUP LLC
		CENTRAL INDEX KEY:			0001050154
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562400

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128457900

	MAIL ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Parche, LLC
		CENTRAL INDEX KEY:			0001329983
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562406

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-201-4841

	MAIL ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		STREET 2:		26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RCG Ambrose Master Fund, Ltd.
		CENTRAL INDEX KEY:			0001361308
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562408

	BUSINESS ADDRESS:	
		STREET 1:		C/O RAMIUS CAPITAL GROUP
		STREET 2:		666 THIRD AVENUE-26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-845-7900

	MAIL ADDRESS:	
		STREET 1:		C/O RAMIUS CAPITAL GROUP
		STREET 2:		666 THIRD AVENUE-26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RAMIUS FUND III LTD
		CENTRAL INDEX KEY:			0001364517

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24931
		FILM NUMBER:		07562403

	BUSINESS ADDRESS:	
		STREET 1:		1 REGATTA OFFICE PARK
		STREET 2:		WEST BAY RD
		CITY:			GRAND CAY CAY ISK BWI
		STATE:			E9
		ZIP:			00000
		BUSINESS PHONE:		212-845-7900

	MAIL ADDRESS:	
		STREET 1:		1 REGATTA OFFICE PARK
		STREET 2:		WEST BAY RD
		CITY:			GRAND CAY CAY ISK BWI
		STATE:			E9
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>e601483_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2007-01-19</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001063254</issuerCik>
        <issuerName>S1 CORP /DE/</issuerName>
        <issuerTradingSymbol>SONE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001050154</rptOwnerCik>
            <rptOwnerName>RAMIUS CAPITAL GROUP LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>666 THIRD AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>26TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001329989</rptOwnerCik>
            <rptOwnerName>Admiral Advisors, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>666 THIRD AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>26TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001267474</rptOwnerCik>
            <rptOwnerName>C4S &amp; CO LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity></rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001042589</rptOwnerCik>
            <rptOwnerName>COHEN PETER A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>666 THIRD AVE</rptOwnerStreet1>
            <rptOwnerStreet2>26TH FL</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001329983</rptOwnerCik>
            <rptOwnerName>Parche, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>666 THIRD AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>26TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001275893</rptOwnerCik>
            <rptOwnerName>RAMIUS ADVISORS LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity></rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001364517</rptOwnerCik>
            <rptOwnerName>RAMIUS FUND III LTD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1 REGATTA OFFICE PARK</rptOwnerStreet1>
            <rptOwnerStreet2>WEST BAY RD</rptOwnerStreet2>
            <rptOwnerCity>GRAND CAY CAY ISK BWI</rptOwnerCity>
            <rptOwnerState>E9</rptOwnerState>
            <rptOwnerZipCode>00000</rptOwnerZipCode>
            <rptOwnerStateDescription>CAYMAN ISLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001275886</rptOwnerCik>
            <rptOwnerName>RAMIUS MASTER FUND LTD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity></rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001361308</rptOwnerCik>
            <rptOwnerName>RCG Ambrose Master Fund, Ltd.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O RAMIUS CAPITAL GROUP</rptOwnerStreet1>
            <rptOwnerStreet2>666 THIRD AVENUE-26TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001275884</rptOwnerCik>
            <rptOwnerName>RCG HALIFAX FUND LTD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity></rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 Par Value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1072181</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Parche, LLC</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 Par Value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>33055</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Ramius Fund III, Ltd.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 Par Value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>569905</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Ramius Master Fund, Ltd.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 Par Value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>128674</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By RCG Ambrose Master Fund, Ltd.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 Par Value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>133919</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F5"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By RCG Halifax Fund, Ltd.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 Par Value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4532364</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F6"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Starboard Value and Oppr. Master Fund</value>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Consists of shares of Common Stock held by Parche, LLC (Parche). Each of Messrs.
Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss is an
authorized signatory for Admiral Advisors, LLC (Admiral), the managing member of
Parche, and is also a managing member of C4S &amp; Co., L.L.C. (C4S), the managing
member of Ramius Capital Group, L.L.C. (Ramius). Each of Messrs. Cohen, Stark,
Solomon and Strauss, Ramius, C4S and Admiral may be deemed to be the beneficial
owner of the shares held by Parche. Each of Messrs. Cohen, Stark, Solomon and
Strauss, Ramius, C4S and Admiral disclaims beneficial ownership of such shares
except to the extent of their pecuniary interest therein.</footnote>
        <footnote id="F2">Consists of shares of Common Stock held by Ramius Fund III, Ltd (Ramius Fund
III). Each of Messrs. Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and
Thomas W. Strauss is a managing member of C4S &amp; Co., L.L.C. (C4S), the managing
member of Ramius Capital Group, L.L.C. (Ramius), which is the managing member of
Ramius Advisors, LLC (Ramius Advisors), the investment manager of Ramius Fund
III. Each of Messrs. Cohen, Stark, Solomon and Strauss, Ramius, Ramius Advisors
and C4S may be deemed to be the beneficial owner of the shares held by Ramius
Fund III. Each of Messrs. Cohen, Stark, Solomon and Strauss, Ramius, Ramius
Advisors and C4S disclaims beneficial ownership of such shares except to the
extent of their pecuniary interest therein.</footnote>
        <footnote id="F3">Consists of shares of Common Stock held by Ramius Master Fund, Ltd. (Ramius
Master). Each of Messrs. Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and
Thomas W. Strauss is a managing member of C4S &amp; Co., L.L.C. (C4S), the managing
member of Ramius Capital Group, L.L.C. (Ramius), which is the managing member of
Ramius Advisors, LLC (Ramius Advisors), the investment manager of Ramius Master.
Each of Messrs. Cohen, Stark, Solomon and Strauss, Ramius, Ramius Advisors and
C4S may be deemed to be the beneficial owner of the shares held by Ramius
Master. Each of Messrs. Cohen, Stark, Solomon and Strauss, Ramius, Ramius
Advisors and C4S disclaims beneficial ownership of such shares except to the
extent of their pecuniary interest therein.</footnote>
        <footnote id="F4">Consists of shares of Common Stock held by RCG Ambrose Master Fund, Ltd. (RCG
Ambrose). Each of Messrs. Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon
and Thomas W. Strauss is a managing member of C4S &amp; Co., L.L.C. (C4S), the
managing member of Ramius Capital Group, L.L.C. (Ramius), which is the
investment manager of RCG Ambrose. Each of Messrs. Cohen, Stark, Solomon and
Strauss, Ramius and C4S may be deemed to be the beneficial owner of the shares
held by RCG Ambrose. Each of Messrs. Cohen, Stark, Solomon and Strauss, Ramius
and C4S disclaims beneficial ownership of such shares except to the extent of
their pecuniary interest therein.</footnote>
        <footnote id="F5">Consists of shares of Common Stock held by RCG Halifax Fund, Ltd. (RCG Halifax).
Each of Messrs. Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas
W. Strauss is a managing member of C4S &amp; Co., L.L.C. (C4S), the managing member
of Ramius Capital Group, L.L.C. (Ramius), which is the investment manager of RCG
Halifax. Each of Messrs. Cohen, Stark, Solomon and Strauss, Ramius and C4S may
be deemed to be the beneficial owner of the shares held by RCG Halifax. Each of
Messrs. Cohen, Stark, Solomon and Strauss, Ramius and C4S disclaims beneficial
ownership of such shares except to the extent of their pecuniary interest
therein.</footnote>
        <footnote id="F6">Consists of shares of Common Stock held by Starboard Value and Opportunity
Master Fund Ltd. (Starboard). Each of Messrs. Peter A. Cohen, Morgan B. Stark,
Jeffrey M. Solomon and Thomas W. Strauss is an authorized signatory for Admiral
Advisors, LLC (Admiral), the investment manager for Starboard, and is also a
managing member of C4S &amp; Co., L.L.C. (C4S), the managing member of Ramius
Capital Group, L.L.C. (Ramius). Each of Messrs. Cohen, Stark, Solomon and
Strauss, Ramius, C4S and Admiral may be deemed to be the beneficial owner of the
shares held by Starboard. Each of Messrs. Cohen, Stark, Solomon and Strauss,
Ramius, C4S and Admiral disclaims beneficial ownership of such shares except to
the extent of their pecuniary interest therein.</footnote>
        <footnote id="F7">Starboard Value and Opportunity Master Fund Ltd.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: C4S &amp; Co., L.L.C., as managing member; /s/ Jeffrey M. Solomon, authorized signatory</signatureName>
        <signatureDate>2007-01-29</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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