Live Webcast and Archived Replay Planned
NEW YORK, June 11 /PRNewswire-FirstCall/ -- BISYS, a leading provider of
business process outsourcing solutions for the financial services sector,
today announced that Russell P. Fradin, president and chief executive officer
of BISYS; and James L. Fox, executive vice president and chief financial
officer of BISYS, will present at the upcoming Bear Stearns' Fifth Annual
Computer and Business Services Conference, which is being held in conjunction
with Bear Stearns' 15th Annual Technology Conference, on June 15, 2004.
A live webcast of the BISYS presentation will begin at 1:45 p.m. EDT on
June 15, 2004, and can be accessed on the home page or the "Investor
Relations" tab of BISYS' Web site at http://www.bisys.com . Those interested
in listening to the presentation should logon five minutes prior to the
scheduled start time.
An archived replay of the presentation will be available shortly after the
live presentation, which also can be accessed on the "Investor Relations" tab
of BISYS' Web site at http://www.bisys.com .
About BISYS
The BISYS Group, Inc. (NYSE: BSG), headquartered in New York City,
provides business process outsourcing solutions that enable investment firms,
insurance companies, and banks to capitalize on convergence by entering new
segments of the financial services industry. BISYS currently supports more
than 22,000 domestic and international financial institutions and corporate
clients through three business units. Its Investment Services group provides
administration and distribution services for approximately 380 clients,
representing more than 2,200 mutual funds, hedge funds, private equity funds,
and other alternative investment products with approximately $750 billion in
assets under administration. BISYS' largest group also provides retirement
services to more than 18,000 companies in partnership with 40 of the nation's
leading banks and investment management companies, and offers analytical
research and competitive information through its Financial Research
Corporation (FRC) subsidiary. Through its Insurance and Education Services
group, BISYS is the nation's largest independent distributor of life insurance
and the premier provider of the support services required to sell traditional
and variable life, long-term care, disability, and annuity products. BISYS is
also the nation's second largest independent wholesale distributor of
commercial property/casualty insurance. This group complements its insurance
distribution services with a comprehensive compliance management solution that
supports insurance and investment firms and professionals with approximately
350 certification and continuing education training courses, and a
sophisticated suite of products and services that automates the entire
licensing process. BISYS' Information Services group supports approximately
1,450 banks, insurance companies, and corporations with industry-leading
information processing and imaging solutions, turnkey asset retention
solutions, and specialized corporate banking solutions. 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 Company's operations, markets, services and related
products, prices and other factors discussed in the Company'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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