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 WAYNE, Pa., Oct. 18 /PRNewswire/ -- SunGard Financial Systems Inc. (SFS) has announced that it has reached an agreement in principle for SunGard to acquire Digital Solutions Inc. (DSI), located in Minneapolis.
 In announcing the acquisition, Dr. David A. Wismer, president and chief executive officer of SunGard Financial Systems, said, "The acquisition of DSI with its talented staff and extensive product line will allow us to more quickly realize our future plans for product deployment in the banking industry." DSI's product line includes InTrader(R), InFact(TM), IntraView(TM), and FiTrac(SM). DSI's clients include 25 U.S. banks and bank holding companies.
 SunGard Financial Systems' future plans include strategic growth initiatives in two important areas. The first is to provide a broader range of services to its software license and service bureau clients through the SunGard Solutions Network (SSN). SSN will supply real-time linkage between SunGard products and third party providers of pricing, factors, mutual funds, information feeds, clearance/settlement, and other services. The immediate benefit from SSN will be to the current BOLT customers, which comprise the majority of SunGard's bank sector service bureau business.
 The second initiative is to fully utilize the multicurrency capability and advanced design architecture of SunGard's Global Securities Manager/Global Securities System to reach new markets.
 SFS has defined its technological standards for future systems development to include client-server architecture based on open systems standards, graphical user interfaces, relational database management systems, and fourth generation languages. Thus the design, architecture and features utilized by DSI are highly compatible with SunGard's announced future direction. SunGard expects to more quickly realize its objectives by dedicating the combined resources of DSI and SunGard to these areas.
 In commenting on the acquisition, Michael Murphy, president of DSI, said, "We are delighted by this acquisition by SunGard Financial Systems. The combination of functionality and experience from two market leaders will greatly expand our horizons for the future. SunGard's financial strength and commitment to the banking industry are without peer, and we are proud to be a part of this organization."
 SunGard Financial Systems Inc. is the leading provider of securities processing and investment management solutions in North America. For over a decade, SFS solutions have successfully addressed the trading, operations and investment accounting needs of the brokerage, banking, and financial services industry. SFS solutions address the diverse demands of securities trading, sales, funding, portfolio management, broker/dealer, custody, asset/liability management, operations and accounting.
 SunGard Financial Systems Inc. is a wholly owned subsidiary of SunGard Data Systems Inc. (NASDAQ-NMS: SNDT), the only large specialized provider of proprietary investment support systems and the pioneer and a leading provider of comprehensive computer disaster recovery services. Its common stock is reported on the NASDAQ National Market System and the London Stock Exchange under the symbol SNDT.
 Terms of the acquisition were not disclosed. SunGard representatives also stated that the acquisition is not expected to have a material effect on its 1993 or 1994 results.
 (R)(TM) InTrader, InFact and IntraView are marks of DSI
 (SM) FiTrac is a service mark of National Financial Services Corporation. The FiTrac service provides bank investment groups with on-line links to the clearance and custody services of major New York banks.
 -0- 10/18/93
 /CONTACT: Nancy Kyle, investor relations, of SunGard Data Systems, 215-341-8171, or Leo R. Belanger, executive vice president, of SunGard Financial Systems, 612-935-3300/

CO: SunGard Data Systems, Inc.; SunGard Financial Systems Inc.; Digital
 Solutions Inc. ST: Pennsylvania, Minnesota IN: CPR SU: TNM

MJ-MK -- PH034 -- 3546 10/18/93 16:09 EDT
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Publication:PR Newswire
Date:Oct 18, 1993

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