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FOR
IMMEDIATE RELEASE
August 29, 2007
Hancock
Bank dedicates new Technology Center
on
Katrina anniversary
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Dubbed
a "fortress" by local media, the Hancock Bank
Technology Center stands 10 miles inland and nearly
50 feet above sea level. Built to withstand winds exceeding
200 miles per hour, the facility constitutes a core
component of Hancock's overall efforts to ensure seamless
customer service during an emergency and a milestone
in Gulf South revitalization two years after Hurricane
Katrina.
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GULFPORT, MS (August 29, 2007) - For many Gulf South residents,
the second anniversary of Hurricane Katrina constitutes a
bittersweet chance to remember, reflect, and perhaps most
importantly, recognize the region's unlimited potential in
the wake of America's worst natural disaster. For 108-year-old
Hancock Bank and its nearly 2,000 associates, the day also
hails a landmark achievement in securing operations and information
crucial to seamless financial services for Hancock customers,
regardless of weather.
Dedicating the new Hancock Bank
Technology Center in west Harrison County earlier today, company
executives commemorated the past and present during a ceremony
held at the approximate time when Katrina's destructive winds
and unprecedented surge had reached unimaginable ferocity
along Gulf Coast shores two years ago. The technology center
stands core to Hancock's overall business recovery plan and
is a shining archetype of the Gulf Coast's post-Katrina lessons-learned
approach to disaster preparedness.
Headquartered
in South Mississippi, Hancock Holding Company (NASDAQ: HBHC)
- parent company of Hancock Bank Mississippi, Hancock Bank
of Louisiana, Hancock Bank of Alabama, and Hancock Bank of
Florida - serves many of the communities hardest hit by Katrina.
"Our customers' resilience, our shareholders' confidence,
our community leaders' commitment, the selflessness of hundreds
of volunteers, our business partners' hard work, and, especially,
our associates' dedication . . . that support has enabled
us to reach this recovery and rebuilding milestone. We at
Hancock Bank look forward to facilitating continued progress
toward a bright new era for the entire region," said
Hancock Holding Company Chief Executive Officer John M. Hairston.
Nearly 200 guests attended the dedication, including state and local leaders and many of the Hancock associates who pioneered the bank's original computer center on Pass Road in Gulfport - another first-of-its-kind South Mississippi data processing center - more than 40 years ago. Bank hosts offered guests and media special tours of areas in the new center typically inaccessible to visitors.
"While we were fortunate to build the Hancock Bank Technology Center in less than nine months, this project represents decades of tireless efforts by our associates to secure our systems and ensure operational efficiency. This building is a testament to their commitment to service and a direct result of our experiences in helping customers weather literal and figurative storms, including Hurricane Katrina, for 108 years," said Shane Loper, Hancock's chief operations officer.
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Hancock
Bank dedicated a new state-of-the-art technology center
to the company's associates in a ceremony marking Hurricane
Katrina's second anniversary and a significant milestone
in the company's overall business recovery plan. The
37,390-square foot self-sustaining center safeguards
Hancock's critical operations and is a shining example
of the Gulf Coast's post-storm, lessons-learned approach
to disaster preparedness. Helping unveil a prototype
of a proposed granite monument at the center are Hancock
associates Linda Fowler (left) and Christy Walker.
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Located on 100 acres nearly 10 miles inland, the 37,390-square-foot self-sustaining center safeguards Hancock's critical operations equipment, network infrastructure, and customer data. With exterior walls of eight-inch-thick reinforced concrete and ceilings of four-inch-thick concrete panels topped with an additional seven inches of poured concrete, the structure can adapt to and withstand winds exceeding 200 m.p.h. - the equivalent of an F3 tornado.
Other
emergency features include a high-tech command center for
monitoring storms with real-time national and international
reports. Two cooling units, an 8,000-gallon chilled water
tank, and a redundant continuous-flow pump system regulate
ideal temperatures for a computer room and network operations
center resting on 5,400 square feet of raised flooring. A
back-up system comprising 120 continuously monitored 20-year
batteries generating 360 kilowatts of power and a three-phase,
continuously online solid-state uninterruptible power system
(UPS) operate in conjunction with the building's standard
electrical system to ensure constant conditioned power for
critical systems if commercial utilities fail. A doubled-lined
25,000-gallon tank equipped with a continuous recycler and
emergency alarm fuels dual 820-kilowatt stand-by generators
designed for automatic operation during power failures lasting
almost a month.
Hancock Bank ranks fourth among the country's top-performing
banks, according to U.S. Banker magazine. Hancock Holding
Company has assets of more than $6 billion. Bank subsidiaries
include Hancock Investment Services, Inc., Hancock Insurance
Agency, and Harrison Finance Company. More information and
online banking are available at www.hancockbank.com.
About
Hancock Bank
Hancock Holding Company - parent company of Hancock Bank (Mississippi),
Hancock Bank of Louisiana, Hancock Bank of Florida, and Magna
Insurance Company - has assets of $6.0 billion. Founded in
1899, Hancock Bank stands among the strongest, safest financial
institutions in the United States and is the only financial
services company headquartered in the Gulf South to rate among
the top 20 percent of America's top-performing banks. Hancock
offers comprehensive financial solutions through more than
140 banking
and financial services offices and more than 131 automated
teller machines across south Mississippi, Louisiana, south
Alabama, and the Florida Panhandle. Additional corporate
information and on-line
banking and bill
pay services are available at www.hancockbank.com.
FOR
MORE INFORMATION
R. Paul Maxwell, VP & Corporate Communications
Manager
228.563.7953 or paul_maxwell@hancockbank.com
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