Disposal Of Apollo Asset Management Business
Misys plc today (18 July 2006) announces the disposal of its Apollo asset management business to Atos Euronext Market Solutions. Gross assets disposed of in this transaction amount to €2.4m. Apollo, based in France, provides asset / portfolio management applications. This completes the disposal of Misys’s businesses in the asset management sector.
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About Misys plc
Misys plc (FTSE: MSY.L), the global software company, is one of the world’s largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries, combining technological expertise with in-depth understanding of customers’ markets and operational needs. In banking Misys is a market leader with over 1,200 customers, including 49 of the world’s top 50 banks. In healthcare Misys is also a market leader, serving more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 home care providers. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to financial advisers in the UK. Misys employs around 6,000 people who serve customers in more than 120 countries. For more information, visit
www.misys.com