NEW YORK, March 22 /PRNewswire-FirstCall/ -- BISYS today announced that
Kevin J. Dell has stepped down from his positions as Executive Vice President,
General Counsel and Secretary of the company to pursue other professional
opportunities.
Edward S. Forman, BISYS' Senior Vice President and Associate General
Counsel, will serve as acting General Counsel until a permanent successor is
named. Mr. Forman has been with BISYS for more than six years. A graduate of
Yeshiva University, the Columbia University School of Law and the Columbia
Business School, Mr. Forman began his career at Fried, Frank, Harris, Shriver
and Jacobsen in New York. Prior to joining BISYS, Mr. Forman was General
Counsel for Expert Ease Software, Inc., a New York based software development
firm.
About BISYS
The BISYS Group, Inc. (NYSE: BSG) provides outsourcing solutions that
enable investment firms, insurance companies, and banks to more efficiently
serve their customers, grow their businesses, and respond to evolving
regulatory requirements. Its Investment Services group provides
administration and distribution services for mutual funds, hedge funds,
private equity funds, retirement plans and other investment products. Through
its Insurance Services group, BISYS is the nation's largest independent
wholesale distributor of life insurance and a leading independent wholesale
distributor of commercial property/casualty insurance, long-term care,
disability, and annuity products. BISYS' Information Services group provides
industry-leading information processing, imaging, and back-office services to
banks, insurance companies and corporate clients. Headquartered in New York,
BISYS generates more than $1 billion in annual revenues worldwide. Additional
information is available at http://www.bisys.com.
Except for the historical information contained herein, the matters
discussed in the press release are forward-looking statements within the
meaning of the safe-harbor provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially, including
but not limited to economic, competitive, governmental and technological
factors affecting The BISYS Group, Inc.'s operations, markets, services and
related products, prices and other factors discussed in The BISYS Group,
Inc.'s periodic filings with the Securities and Exchange Commission.
SOURCE The BISYS Group, Inc.
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Related links: http://www.bisys.com
Company News On-Call: http://www.prnewswire.com/comp/851938.html
CONTACT: Daniel Briggs, Vice President, Finance and Investor Relations of The BISYS Group, Inc., +1-212-907-6134
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