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Misys plc Announces Management Change at Misys Banking Systems

Misys plc, the global software and solutions company, announces today that Ivan Martin, CEO, Misys Banking Systems, is to leave the company.  Kevin Lomax, Chief Executive, Misys plc, will take on the additional role of CEO, Misys Banking Systems, until a successor is appointed to that role. 

Kevin Lomax said: ‘We are encouraged by the good progress of our banking division but we recognise there is more to do to deliver increased value to our shareholders. I am working closely with the banking senior management team to ensure we continue the good momentum.
‘I should like to thank Ivan for the significant contribution he has made to Misys over the last 10 years. He has played a key role in the development of our financial services businesses and in building our banking business into one of the world’s leading players in this major software market. I wish him every success for the future.’

For further information, please contact:
Susan Cottam, Group Communications Director
Tel: +44 (0) 20 7368 2305
Mob: +44 (0) 7957 807 721
Andrew Farmer, Head of Investor Relations
Tel: +44 (0) 20 7368 2307
Mob: +44(0) 7909 895 094
Josh Rosenstock, Corporate Communications Manager
Tel: +44 (0) 20 7368 2327
Mob: +44 (0) 7921 910 914

About Misys plcMisys plc (FTSE: MSY), 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 and the UK general insurance industry, combining technological expertise with in-depth understanding of customers’ markets and operational needs. In banking Misys is one of the top four software providers worldwide and the largest outside the US, with over 1,200 customers, including 49 of the world’s top 50 banks. In healthcare Misys is a top five software provider in the US market, serving more than 92,000 physicians in 18,000 practice locations, 1,250 hospitals and 600 home care providers. In UK general insurance Misys is the market leader in software solutions. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to over 7,800 financial advisers in the UK. Misys employs over 6,500 people who serve customers in more than 120 countries. For more information, visitwww.misys.com