NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
3 February 2012
GENEVA, Switzerland – 3 February 2012 – Temenos notes the announcement made by Misys plc and confirms that it is constantly evaluating its strategic options. Such process currently includes a possible strategic combination with Misys plc to be effected by way of an all share merger.
Discussions are at an early stage and no decisions have been taken.
-Ends-
About Temenos
Founded in 1993 and listed on the Swiss Stock Exchange (SIX:TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic and microfinance & community banks. Headquartered in Geneva with more than 60 offices worldwide, Temenos serves over 1,500 customers in more than 125 countries across the world. Temenos’ software products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos’ experience in over 700 implementations around the globe. Temenos customers are proven to be more profitable than their peers: data from The Banker – top 1000 banks shows that Temenos’ customers enjoy a 54% higher return on assets, a 62% higher return on capital and a cost/income ratio that is 7.2 points lower than non-Temenos customers.
For more information please visit www.temenos.com
Enquiries:
Temenos:
Max Chuard
Temenos Director
Corporate Finance & IR
Member of the Executive Board
Tel: +41 22 708 14 82
Email: mchuard@temenos.com
Sarah Bowman
Associate Director, Investor Relations
Tel: +1 646 472 8069
Mob: +1 646 752 5463
Email: sbowman@temenos.com
Ben Robinson
Director, Strategic Planning
Tel: +41 (0) 22 708 1535
Mobile: +41 795 207208
Email: brobinson@temenos.com
Lazard:
Cyrus Kapadia
Tel: +44 (0) 20 7187 2557
Hudson Sandler:
Claire Barry
T +44 (0)20 7710 8940
Email: cbarry@hudsonsandler.com
Lucy Clark
T +44 (0)20 7710 8934
Email: lclark@hudsonsandler.com
Lazard & Co., Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting for Temenos Group AG in connection with the matters described herein and no-one else and will not be responsible to anyone other than Temenos Group AG for providing the protections afforded to clients of Lazard & Co., Limited.