Misys Commits to Significant Debt Reduction at the Half Year as Banking Unit's Performance Stalls

By Misys Plc, PRNE
Wednesday, January 13, 2010

LONDON, January 14 - The software and services company reported a strong performance in its
healthcare division, a turn around in its Treasury and Capital Markets
business but tough trading at its Banking unit.

CEO, Mike Lawrie, is confident of a turnaround at Banking in the
second-half. In an interview with on-line financial broadcaster Cantos he
said, "in our banking business, although we have not seen the improvement in
the numbers as we reported today, we are seeing encouraging signs around the
pipeline."

He also pointed out the companies disciplined approach to financial
management will allow Misys to continue to invest in the business while
paying down a significant portion of its debt.

It's free to view. All you need to do is register at
www.cantos.com.

Cantos.com is an online financial website featuring in-depth interviews,
documentaries and webcasts with senior company executives addressing the
critical issues facing their businesses. If you would like to contact us,
please email enquiries@cantos.com or phone +44(0)207-936-1333.

If you would like to contact us, please email enquiries at cantos.com or phone +44(0)207-936-1333.

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