SunGard Acquires XRT's High-end Treasury Product Lines

SunGard (http://www.sungard.com) announced that it has acquired XRT's high-end treasury product lines, Globe$ and TWS. The acquisition includes all current customer contracts, intellectual property, sales, marketing and development assets relating to these product lines as well as responsibility for customer support and maintenance of these products lines. The acquisition, the terms of which were not disclosed, is not expected to have a material impact on SunGard's financial results.


Last year XRT announced it would cease development of its high-end treasury products. Through this acquisition, SunGard can now offer Globe$ and TWS customers a high level of support, along with a future development path. AvantGard offers subject matter expertise and technical consulting, to help bring ongoing value to this customer base.

"With AvantGard's award winning customer service and strong portfolio of solutions we feel we are able to offer Globe$ and TWS customers a sound future, with a viable product support program and growth path," said Ken Dummitt, president of SunGard's AvantGard business unit.

"We do not take a one size fits all approach, which means that our customers benefit from solutions that are tailored to meet their treasury, risk and cash management requirements," continued Mr. Dummitt. "Further, we offer a comprehensive approach, bringing together treasury, receivables and payments management for a single view of cash and liquidity management. Globe$ and TWS customers can benefit from our long-term vision and the strength of our global customer community."

About AvantGard
SunGard's AvantGard is a leading liquidity management solution for corporations, financial institutions and the public sector. AvantGard provides chief financial officers and treasurers with real-time visibility into cash flows and increased operational controls around treasury, receivables and payments management. The solution helps aggregate data for a single view of cash, helps drive productivity through automation, and helps foster collaboration between trading partners. For more information, visit www.sungard.com/avantgard


About SunGard
With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com