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IMRS EXPANDS INTENATIONAL PRESENCE TO SUPPORT RAPID BUSINESS GROWTH

IMRS EXPANDS INTENATIONAL PRESENCE TO SUPPORT RAPID BUSINESS GROWTH
 STAMFORD, Conn., April 13 /PRNewswire/ -- IMRS Inc. (NASDAQ: IMRS), the leading vendor of network-based business information applications, today announced it will assume direct representation of product sales and support in the United Kingdom. Effective July 1, IMRS will assume responsibility for the customers and operations of the Sema Financial Management Systems group, a unit of the Sema Group Systems Ltd. and IMRS's current distributor in the United Kingdom and Ireland, by establishing IMRS United Kingdom as a wholly owned subsidiary.
 The entire staff of Sema's Financial Management Systems group, encompassing 35 employees in Manchester and London, will be transferred to the new entity. The transfer will occur following a transition period extending through June 30, at which time IMRS will purchase certain net assets from Sema.
 "The creation of IMRS United Kingdom is designed to build on what has been accomplished over the last several years through our excellent relationship with Sema Group," said James A. Perakis, president and CEO of IMRS. "Sema's efforts have contributed greatly to making IMRS the No. 1 provider of financial reporting solutions in the U.K. market. In addition, the presence of another major IMRS office in Europe further strengthens our international support capability."
 IMRS will continue to maintain an active distributor network in selected countries to sell, service and support IMRS products. Currently, IMRS operates sales offices in France and Germany where the market is best supported by direct representation. IMRS United Kingdom will provide expanded services to customers, including consulting, training, telephone hotline support and an annual user conference.
 Headquartered in Stamford, Conn., IMRS is the leading vendor of network-based business information applications. Over 850 corporate customers worldwide use IMRS products to manage the business and financial data that is vital to large, complex enterprises. IMRS solutions combine the high volume and control characteristics of mainframe systems with the user interface and flexibility of PC LAN platforms. In October 1991, IMRS became a publicly held company and is listed on the NASDAQ National Market System as IMRS.
 Products include: Micro Control, FASTAR(R) and Hyperion(R) for consolidation and management reporting; FinalForm(R) for data collection; IMRS OnTrack(R) for graphical access to business information; and Treasury Control(R) for global treasury management. IMRS also offers a complete range of support and training services.
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 Note: FASTAR, FinalForm, Hyperion, IMRS, IMRS OnTrack, Micro Control and Treasury Control are registered trademarks of IMRS Inc.
 -0- 4/13/92
 /CONTACT: Robert Ventresca of IMRS, 203-321-3500, or Jack Jackson or Chad Sanborn of Miller Communications, 617-536-0470, for IMRS/
 (IMRS) CO: IMRS, Inc. ST: Connecticut IN: CPR SU:


EG -- NE003 -- 7557 04/13/92 08:29 EDT
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Publication:PR Newswire
Date:Apr 13, 1992
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