Piraeus Licenses Misys BankFusion Equation to Deliver Products

By Misys Plc, PRNE
Sunday, January 31, 2010

Faster Than its Competition and to Strengthen Expansion Plans

LONDON, February 1 - Misys plc (LSE: MSY), the global application software and
services company, today announces that Piraeus Bank, the Athens-based
universal bank, has licensed Misys BankFusion Equation as the technology
platform to underpin its expansion plans.

Misys Equation has added value to Piraeus Bank's operations
for many years across its domestic and selected international branches, using
Equation to run the bank's operations across 343 branches in Greece and 220
branches in three of its international subsidiaries. Piraeus went live with
Equation 3.9 in its Albanian operations in 2008 and Romanian business in
2009. The implementations were an important part of the bank's growth
strategy and has helped Piraeus to continue to achieve its business
ambitions, as it continues to expand in South-Eastern Europe and the Eastern
Mediterranean markets. Its future growth objectives in its domestic and
international operations will be accelerated by BankFusion Equation.

In this latest release of the solution, Equation has been
re-architected into an SOA environment using Misys' revolutionary
BankFusion(TM) platform. Misys BankFusion Equation delivers Java (J2EE)
re-usable components to Piraeus and gives it improved security and risk
management capabilities and the flexibility to scale the business rapidly.
BankFusion Equation automatically generates the system's Java code,
significantly reducing manual input and errors and accelerating solution
modifications.

"It is imperative that we move faster than our competition,"
states Janis Delis, DGM - Operations Technology and Organisation, Piraeus
Bank. "Our investment in Misys and its BankFusion Equation solution is
critical in our desire to maintain our competitive edge as we continue to
expand and to be agile and innovative for our customers. The revolutionary
technology in BankFusion Equation will allow us to launch innovative new
products and services quickly that would normally take months of development
with other core banking systems and seamlessly integrate best of breed
solutions. We look forward to continuing to receive the support we have
received over the fruitful relationship we have had with Misys, and to
strengthening our position in retail banking and enterprise financing still
further."

Guy Warren, EVP and General Manager, Banking, Misys states,
"The management team at Piraeus has chosen to invest in Misys, our BankFusion
strategy and the future roadmap of the solution. This will give them a unique
ability to tailor their business processes to the exact requirements of the
organisation, without having to replace the existing underlying technology,
and enable them to stay ahead of the competition."

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 plc owns a controlling stake in NASDAQ-listed
Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision
of healthcare technology, serving more than 150,000 physicians, 700 hospitals
and nearly 7,000 post-acute and homecare organisations. Misys employs around
6,000 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.

Misys: experience, solutions, results

Contact us today, visit: www.misys.com

    For further information please contact

    Edward Taylor
    Global Head of Public Relations
    Misys
    Solutions for Banking and Treasury & Capital Markets
    +44(0)20-3320-5530
    edward.taylor@misys.com

    Sebastian Mathews
    Financial Dynamics
    +44(0)207-269-7158
    sebastian.mathews@fd.com

For further information please contact: Edward Taylor, Global Head of Public Relations, Misys, Solutions for Banking and Treasury & Capital Markets, +44(0)20-3320-5530, edward.taylor at misys.com; Sebastian Mathews, Financial Dynamics, +44(0)207-269-7158, sebastian.mathews at fd.com

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