MISYS PROVIDES GUIDANCE TO CANADA TO SHARPEN ITS COMPETITIVE EDGE

London, (26 June, 2008) – Misys (FTSE: MSY.L), the global applications software and services company, has provided guidance to the Canadian Government’s Competition Review Panel. In its advice to the Canadian Government Misys said that, “Canada needs to use its bounty of natural resources, including its share of the Arctic, to transform into a highly educated, highly motivated and highly sought out, destination for talent and investment”.

Misys worked with former DTI Permanent Secretary Sir Robin Young on its high level submission. 

Peter McCullagh, Misys Executive Vice President and Chief Marketing Officer said; “Our advice to the Canadian Government is based on serving customers in over 120 different countries . Dealing with comparable markets across the world has given us very clear insight into the necessary conditions that form the basis of an environment conducive to business and economic success. Misys is an exemplar of the kind of high skilled, high-value added industry that should form the bedrock of Canada's economic growth for at least the next two decades. Canada’s economic foundations are generally strong but there are factors which we have identified which limit Canada’s capability to enhance its global position.”

“Sir Robin Young, who led similar reviews of the UK’s competitiveness during his time as head of the UK Department of Trade and Industry we have produced a well researched and valuable submission.”

Sir Robin Young, Chairman of Euro RSCG Apex Communications Ltd, said; “Misys, with its experience in doing business around the globe offers valuable wealth of knowledge in terms of the ways in which successful economies and markets operate.”

“This submission constitutes a powerful contribution to the debate about reforming Canada’s economy to meet the competitive challenges of the 21^st Century global economy”

The Misys submission to the Canadian Competition Panel can be found here (click to open PDF).

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About Misys plc

Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to organisations in the financial services and healthcare industries. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success. 

In banking and treasury & capital markets, Misys is a market leader, with over 1,200 customers, including all of the world’s top 50 banks. In healthcare, Misys is a market leader, serving more than 110,000 physicians in 18,000 practice locations and 600 home care providers. Misys employs around 4,500 people who serve customers in more than 120 countries.

We aspire to be the world’s best application software and services company, delivering results for the most important industries in the world.