Press Releases
SunGard Acquires Kingstar
December 19, 2006 — Wayne, PA
SunGard (www.sungard.com) today announced that it has acquired Shanghai Fudan Kingstar Computer Co., Ltd ("Kingstar"), a leading provider of software and processing solutions for China's financial services, higher education and the public sector. Kingstar will help SunGard expand its product offering and business operations in China. For purposes of U.S. securities laws, the transaction is not expected to have a material impact on SunGard's financial results.
Kingstar provides a suite of solutions developed specifically for China. It has a focus on financial services solutions for exchange management, futures trading, securities trading, gold trading, brokerage management, data warehousing, and campus and smartcard solutions for higher education. Kingstar has operated in China for over 10 years and has more than 500 dedicated professionals.
Zhou Hua, president of SunGard's Kingstar business unit, said, "As China continues to grow, the financial services industry will look to increase its range of products and services as well as expand internationally. With more than 400 customers in China, Kingstar has developed a strong understanding of the domestic industry."
John Wilson, president of SunGard's Asia-Pacific business, said, "SunGard offers global experience and one of the broadest portfolios of best-of-breed technology solutions for the financial services industry. The combined strengths of the two companies will help SunGard Kingstar deepen its relationships in China and offer local knowledge, proven solutions and global expertise."
About Kingstar
SunGard Kingstar is a pioneer and one of China's leading providers of software and processing solutions for financial services, higher education and the public sector. SunGard Kingstar serves more than 400 customers, including four of China's five largest banks and five finance exchanges. Visit www.sungard.com/kingstar.
About SunGard Asia-Pacific
SunGard Asia Pacific combines the global presence and strength of SunGard with local knowledge and expertise. Dedicated staff members in 24 offices in 14 countries across the region are committed to providing exceptional service, leading-edge technology and integrated solutions to the Asia Pacific financial services community. Serving over 900 customers, including 18 of the region's 20 largest financial services companies, SunGard Asia Pacific's key principles rest on quality service and support. Visit us at www.sungard.com/asiapacific.
About SunGard
With annual revenue of US$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.
Trademark Information: SunGard, the SunGard logo and Kingstar are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
NOTE TO EDITORS:
For more information visit SunGard's Press Release Web site. This is for press and media use only. For additional SunGard contact information visit the Contact SunGard page.
Brian Robins
680 East Swedesford Road
Wayne, PA 19087
Tel: 650-377-3897
Fax: 650-358-0820
E-mail: marketing@sungard.com