Swisscard Selects FlexiInternational's Financial Accounting Suite.Business Editors/Technology Writers SHELTON, Conn.--(BUSINESS WIRE)--May 29, 2002 FlexiInternational Software Inc. ("Flexi") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FLXI), a leading provider of Internet-enabled financial and accounting software and outsourcing services, today announced that it has concluded an agreement with Swisscard AECS AECS Atomic Energy Commission (Syria) AECS Associació d'Estudiants de Ciències de la Salut (Catalan Health Sciences Students Association; Catalonia, Spain) AECS Atomic Energy Central School AG of Zurich, Switzerland to license FlexiFinancials, its integrated suite of financial management applications. Swisscard is one of the largest and most prestigious credit card companies in Switzerland and is jointly owned by international 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. groups American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. and Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. , both of whom rank among the world's top global banks. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Swisscard, a number of suppliers including SAP and Oracle were investigated; but that Flexi came closest to their requirements including FlexiFinancials sophisticated functionality, flexibility, ease of use as well as shorter and lower cost implementation method. "We are delighted that Swisscard selected FlexiFinancials after a thorough investigation which included a five-day workshop and extensive reference checks with some of our other financial services clients," said Stefan R. Bothe, President and Chief Executive Officer of FlexiInternational Software, Inc. "This is excellent news for Flexi and confirms that the latest version of FlexiFinancials is highly competitive. We are optimistic that Swisscard, our first customer in Switzerland, will provide us with a springboard to gain additional customers in this and other markets that are dominated by multinational companies ideally suited to use FlexiFinancials." About FlexiInternational Software FlexiInternational Software, Inc., with offices in Shelton CT, Naples FL, and London, is a leading provider of Internet-enabled financial software and accounting outsourcing services. Flexi serves clients in banking, healthcare, utilities, transportation, financial, accounting and management services. Additional information is available at http://www.flexi.com. 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 the 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 news release looking forward in time involve risks and uncertainties, including market demand for third-party products, trends in the software market, corporate spending patterns and other risk factors detailed in the Company's Securities and Exchange Commission filings. FlexiFinancials(R) is a registered trademark of FlexiInternational Software, Inc. |
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