SunGard Announces Formation of Enterprise Solutions Group; Combines Account Management, Product Management and On- and Off-shore Consulting Services to Expand Relationships with Global Accounts.WAYNE, Pa. -- SunGard (http://www.sungard.com) today announced the formation of an Enterprise Solutions Group within its Financial Systems business that will focus on bringing greater value to its global accounts. The Enterprise Solutions Group will bring together SunGard's Global Account Management, Product Management, Off-Shore Services and Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" . The Enterprise Solutions Group is headed by Ron Lang who reports to Michael Muratore, executive vice president of SunGard's Software & Processing business. The mission of the Enterprise Solutions Group is the marketing and sales of enterprise-class software and processing solutions to SunGard's global accounts. The initial targeted Enterprise Solutions include: --Architecture Renewal and Integration --Compliance --Enterprise Data Management --Prime Brokerage --Alternative Investments The group will combine an in-depth understanding of industry requirements with a set of products and services that address customers' current and anticipated needs. Enterprise solutions will include a combination of products and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , on- and off-shore consulting services and partner offerings as appropriate. SunGard's industry experts will work with global accounts to proactively define and plan enterprise solutions that address their most pressing requirements. As part of the Enterprise Solutions Group, SunGard is expanding its consulting services and will rename Re`name´ v. t. 1. To give a new name to. Verb 1. rename - assign a new name to; "Many streets in the former East Germany were renamed in 1990" Enform Consulting as SunGard Consulting Services. Mr. Lang commented, "This is a very important strategic and organizational change. The motivation for creating an Enterprise Solutions Group is to expand our relationships with our largest customers. We intend to honor and thrive on the entrepreneurial approach taken by our many business units while creating a collaborative and customer-driven approach to leverage the "One SunGard" that our largest customers are demanding." About SunGard With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for 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. , higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com. Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders. SunGard's "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 Statements in this release other than historical facts constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . You can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "would," "should," "seeks," "approximately," "intends," "plans," "estimates," or "anticipates" or similar expressions which concern our strategy, plans or intentions. All statements we make relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. and financial results are forward-looking statements. In addition, we, through our senior management, from time to time make forward-looking public statements concerning our expected future operations and performance and other developments. All of these forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those we expected. The factors that may affect our business or future financial results are discussed in our filings with the Securities and Exchange Commission, including our Form 10-Q Form 10-Q See 10-Q. dated November 9, 2005, a copy of which may be obtained from us without charge. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors. |
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