Broadway & Seymour announces the successful completion of the acquisition of BancCorp Systems.CHARLOTTE, N.C.--(BUSINESS WIRE)--Jan. 27, 1995--Broadway & Seymour, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BSIS BSIS Bureau of Security and Investigative Services (California, USA) BSIS Battlefield Strategic Information System ), today reported the completion of the previously announced acquisition of BancCorp Systems, the Amerillo, Texas-based trust accounting system provider. Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , William N. Neal said, "BancCorp Systems is one of the nation's premier providers of trust accounting systems to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. market. The addition of the BancCorp technology to our product suite enables Broadway & Seymour to expand our customer base and bring trust and asset management solutions to our existing community bank customers." BancCorp Systems will operate as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Broadway & Seymour, Inc. Broadway & Seymour is a provider of information technology solutions to the financial services marketplace and the professionals who serve that market. It offers products, software development and support, and systems integration services. CONTACT: Broadway & Seymour David L. Durham William W. Neal 704/372-4281 or Ludgate Communications Kristin M. Anderson 212/688-5144 |
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