Exhibit 99.1

 Company: Jack Henry & Associates, Inc.   Analyst Contact: Kevin D. Williams
          663 Highway 60, P.O. Box 807                Chief Financial Officer
          Monett, MO 65708                            (417) 235-6652

                                          IR Contact: Becky Pendleton Reid
                                                      The Cereghino Group.
                                                      (206) 762-0993


 For Immediate Release

             JACK HENRY & ASSOCIATES PREVIEWS FISCAL 1Q03 PROFITS

 Monett, MO --  October 3,  2002 -- Jack  Henry &  Associates, Inc.  (Nasdaq:
 JKHY) today reported  profits for the  first quarter of  fiscal 2003,  which
 ended September 30, 2002, will fall short of the current street estimates of
 $0.16 to $0.17 by three to four cents per share.

 "Based on our preliminary analysis of  first quarter results, we  anticipate
 revenues  will  be   approximately  $95  million,   and  earnings  will   be
 approximately $0.12 to $0.13 per share," said Michael E. Henry, Chairman and
 CEO.  "The strength in our  service bureau and continuing strong demand  for
 credit union and complementary products have helped offset the impact of the
 current recession on new in-house banking  software and  hardware sales.  In
 spite of the downturn in the capital goods market, we remain profitable  and
 continue to  generate free  cash flow  with no  debt on  our balance  sheet.
 These strengths, coupled with  the dedication of  our employees, carried  us
 through the difficult markets preceding the millennium and are continuing to
 provide a stable base for our business in the current market environment."

 In the first quarter of fiscal 2002, revenues were $92.6 million, net income
 was $14.6 million, and EPS  totaled $0.16 per diluted  share.  For the  full
 fiscal year,  ended  June 30,  2002,  the company  reported  its  thirteenth
 consecutive record year with total revenues of $396.7 million and net income
 of $57.1 million, or $0.62 per diluted share.

 "Because our quarterly  results are at  the very preliminary  stage, we  are
 unable to add further  information in a conference  call, and thus will  not
 host an analyst  briefing until first  quarter results  are released,"  said
 Kevin D. Williams, CFO.  "We expect to issue a mid-week release and host our
 regular quarterly conference call the week of October 20th."

 Jack Henry  &  Associates, Inc.  provides  integrated computer  systems  and
 processes ATM and debit card transactions for banks and credit unions.  Jack
 Henry markets and supports its systems throughout the United States and  has
 over 2,800 customers nationwide.  For additional information on Jack  Henry,
 visit the company's web site at www.jackhenry.com.


 Statements made  in this  news release  that are  not historical  facts  are
 forward-looking information.   Actual  results  may differ  materially  from
 those projected in any forward-looking information.  Specifically, there are
 a number of  factors that could  cause actual results  to differ  materially
 from those  anticipated  by  any forward-looking  information.    Additional
 information on  these and  other factors  which could  affect the  Company's
 financial results are  included in  its Securities  and Exchange  Commission
 (SEC) filings  on  Form  10-K.   Potential  investors  should  review  these
 statements.  Finally,  there may  be other  factors not  mentioned above  or
 included in  the Company's  SEC filings  that may  cause actual  results  to
 differ materially from any forward-looking information.

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