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Misys Appoints New Sales Director for its Capital Markets Business in Middle East and Africa

Misys Appoints New Sales Director for its Capital Markets Business in Middle East and Africa

Dubai, United Arab Emirates, 24 July 2011: Misys plc. (FTSE: MSY.L), the global application software and services company, today announced the appointment of Michel Daenen as the new Sales Director of the company’s Capital Markets business in Middle East and Africa.

Michel Daenen joined Misys through the acquisition of Sophis earlier this year, where he was the Regional Business Manager for the region. Michel will retain his previous role in charge of the Sophis business for Middle East and Africa and will have the additional responsibility for the sales of Misys Treasury & Capital Markets solutions.

With over 22 years of financial solutions experience, he brings a wealth of regional and industry knowledge and expertise having worked across key functions within banks and software vendors. In this expanded role, Michel will report both to Ed Ho, EVP and General Manager, Misys Treasury & Capital Markets and to Pascal Xatart, Chief Executive of Misys Sophis.

Commenting on the new appointment, Ed Ho said, “I am very pleased that Michel has joined us at a time when our customers are turning to us for advice and consulting more than ever. He brings a wealth of experience to Misys and we look forward to him helping us to continue to grow our customer base across the Middle East and Africa. Our business in this region has grown strongly over the past few years and this senior appointment will enable us to capitalise on that success and ensure we provide the right support to our customers and partners.”

Speaking on his new role, Michel Daenen added, "I am looking forward to undertaking greater responsibility for Misys’ Capital Markets business at a time when the industry in the region is going through positive change. Many financial institutions are looking to innovate and evolve their systems to maintain their competitive edge and offer innovative solutions. Misys' track record is extremely strong and we will be focused on building this further to become the solution provider of choice to financial institutions in the Middle East and Africa.”

Prior to joining Sophis in March 2007, Michel spent almost nine years with Thomson Reuters in the Middle East leading professional services and pre-sales teams for their front-to-back trade and risk practices. Prior to that, he was the Vice President, Business Information Manager - Treasury and Capital Market for Dexia in Luxembourg. Michel also has deep knowledge of the risk and capital markets businesses and has been involved with both sell-side and buy-side institutions.
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About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to financial services organisations. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.

Misys is a market leader with over 1,300 customers, including all of the world’s top 50 banks. Misys employs approximately 4,000 people and works with over 100 partners globally 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. Working with our extensive partner network, together we create compelling solutions enabling our customers to differentiate themselves and drive a competitive edge.

Misys: experience, solutions, results

Contact us today, visit: www.misys.com

For further information, please contact:

Jassim Arif Edward Taylor
Memac Ogilvy Misys
Tel: +9714 3050310 Tel: +44 (0)203 320 5530
Email: jassim.arif@ogilvy.com Email: edward.taylor@misys,com