BSG Bisys Grp.

BISYS, a leading provider of outsourcing solutions for the financial services sector, announced today that it is the mutual fund service provider of choice for The Blue Fund Group�s recently launched portfolios. Through its FundEnsemble� service model, BISYS will provide turnkey administrative services, including comprehensive treasury, board, and distribution support as well as core fund accounting, fund administration, transfer agency, and shareholder services. Fred Naddaff, president of BISYS Fund Services, commented on the partnership, �We�re very pleased to have been instrumental in helping The Blue Fund launch its portfolios. We look forward to a long-term partnership as its funds gain momentum and achieve success in the marketplace. A major challenge in establishing new funds is finding timely and cost-effective distribution, legal, and administration support and oversight. FundEnsemble is our turnkey solution to these challenges.� The Blue Fund, which officially launched on October 17, consists of a small and large cap portfolio. The fund caters to progressive sensibilities by seeking out companies that make political donations to Democrats. The companies are also screened for socially responsible corporate governance. According to Mr. Daniel Adamson, president of The Blue Fund, �We chose BISYS as our outsourcing partner for its all-inclusive, turnkey solution, which has proven especially beneficial in the initial phases of our fund launch. BISYS drove the process from SEC approval to the formal launch. We feel confident that as our fund�s asset base increases, BISYS will have the breadth of services in place to support our growing needs.� The Blue Fund is the first fund launched under BISYS� new FundEnsemble service model, which is designed to address the needs and growth objectives of advisors of new and smaller funds. FundEnsemble leverages BISYS� expertise and provides clients access to other high-end service offerings, such as BISYS� 22c-2 solution and independent educational services for board members. FundEnsemble also supports clients of BISYS' series trust, Coventry. Through Coventry, new funds are provided a turnkey structure, including a board, treasurer, CCO and counsel, while sharing these expenses with other advisors and reducing their time and cost to market. About The Blue Fund Blue Investment Management, LLC, headquartered in New York, is the investment adviser to The Blue Fund, which invests in companies that both �act blue� and �give blue� by demonstrating core democratic values. Companies chosen for the Fund�s portfolio are screened for their commitment to environmental sustainability, responsible corporate governance, respect for human rights at home and abroad, diversity in the workforce, fair treatment of employees, and the avoidance of products that cause great social harm, including firearms and tobacco. The Fund was co-founded by Mr. Joseph Andrew and Mr. Daniel de Faro Adamson. Mr. Andrew is chairman of the board of The Blue Fund and a former National Chairman of the Democratic National Committee. Mr. de Faro Adamson is the CEO of Blue Investment Management and a Marshall Scholar from Oxford University. Additional information is available at www.bluefund.com. About BISYS Fund Services BISYS Fund Services is an industry-leading provider of outsourcing solutions for mutual funds, separately managed accounts, and other investment programs, worldwide. Recognized by various industry publications and surveys for its service excellence and compliance focus, BISYS administers more than $400 billion in assets for approximately 2,000 portfolios. Its core offerings include compliance and regulatory consulting and oversight, treasury and financial administration, broker/dealer compliance, tax and legal services, fund accounting, distribution support, and transfer agency services. Investment managers of all types and sizes turn to BISYS for innovative and tailored solutions. BISYS Fund Services is a division of The BISYS Group, Inc.�s Investment Services group. About BISYS The BISYS Group, Inc. (NYSE: BSG) provides outsourcing solutions that enable investment firms and insurance companies to more efficiently serve their customers, grow their businesses, and respond to evolving regulatory requirements. Its Investment Services group provides administration and distribution services for mutual funds, hedge funds, private equity funds, retirement plans, separately managed accounts, and other investment products. Through its Insurance Services group, BISYS is the nation�s largest independent wholesale distributor of life insurance and a leading independent wholesale distributor of commercial property/casualty insurance, long-term care, disability, and annuity products. Additional information is available at www.bisys.com. Except for the historical information contained herein, the matters discussed in the press release are forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current reasonable expectations and are subject to certain assumptions, risks, uncertainties and changes in circumstances due to future events as well as changes in economic, competitive, regulatory and/or technological factors affecting BISYS� business, including, without limitation, the ongoing government investigations and litigations involving the company. More detailed information about risk factors that could cause actual results to differ materially are noted in BISYS� periodic filings with the Securities and Exchange Commission. These documents can be accessed on BISYS� website at www.bisys.com under the �Investor Relations� tab. Forward-looking statements are only predictions, not guarantees of performance, and speak only as of the date they are made. BISYS disclaims any obligation to update or amend these statements in light of new information, future events or otherwise. BISYS, a leading provider of outsourcing solutions for the financial services sector, announced today that it is the mutual fund service provider of choice for The Blue Fund Group's recently launched portfolios. Through its FundEnsemble(TM) service model, BISYS will provide turnkey administrative services, including comprehensive treasury, board, and distribution support as well as core fund accounting, fund administration, transfer agency, and shareholder services. Fred Naddaff, president of BISYS Fund Services, commented on the partnership, "We're very pleased to have been instrumental in helping The Blue Fund launch its portfolios. We look forward to a long-term partnership as its funds gain momentum and achieve success in the marketplace. A major challenge in establishing new funds is finding timely and cost-effective distribution, legal, and administration support and oversight. FundEnsemble is our turnkey solution to these challenges." The Blue Fund, which officially launched on October 17, consists of a small and large cap portfolio. The fund caters to progressive sensibilities by seeking out companies that make political donations to Democrats. The companies are also screened for socially responsible corporate governance. According to Mr. Daniel Adamson, president of The Blue Fund, "We chose BISYS as our outsourcing partner for its all-inclusive, turnkey solution, which has proven especially beneficial in the initial phases of our fund launch. BISYS drove the process from SEC approval to the formal launch. We feel confident that as our fund's asset base increases, BISYS will have the breadth of services in place to support our growing needs." The Blue Fund is the first fund launched under BISYS' new FundEnsemble service model, which is designed to address the needs and growth objectives of advisors of new and smaller funds. FundEnsemble leverages BISYS' expertise and provides clients access to other high-end service offerings, such as BISYS' 22c-2 solution and independent educational services for board members. FundEnsemble also supports clients of BISYS' series trust, Coventry. Through Coventry, new funds are provided a turnkey structure, including a board, treasurer, CCO and counsel, while sharing these expenses with other advisors and reducing their time and cost to market. About The Blue Fund Blue Investment Management, LLC, headquartered in New York, is the investment adviser to The Blue Fund, which invests in companies that both "act blue" and "give blue" by demonstrating core democratic values. Companies chosen for the Fund's portfolio are screened for their commitment to environmental sustainability, responsible corporate governance, respect for human rights at home and abroad, diversity in the workforce, fair treatment of employees, and the avoidance of products that cause great social harm, including firearms and tobacco. The Fund was co-founded by Mr. Joseph Andrew and Mr. Daniel de Faro Adamson. Mr. Andrew is chairman of the board of The Blue Fund and a former National Chairman of the Democratic National Committee. Mr. de Faro Adamson is the CEO of Blue Investment Management and a Marshall Scholar from Oxford University. Additional information is available at www.bluefund.com. About BISYS Fund Services BISYS Fund Services is an industry-leading provider of outsourcing solutions for mutual funds, separately managed accounts, and other investment programs, worldwide. Recognized by various industry publications and surveys for its service excellence and compliance focus, BISYS administers more than $400 billion in assets for approximately 2,000 portfolios. Its core offerings include compliance and regulatory consulting and oversight, treasury and financial administration, broker/dealer compliance, tax and legal services, fund accounting, distribution support, and transfer agency services. Investment managers of all types and sizes turn to BISYS for innovative and tailored solutions. BISYS Fund Services is a division of The BISYS Group, Inc.'s Investment Services group. About BISYS The BISYS Group, Inc. (NYSE: BSG) provides outsourcing solutions that enable investment firms and insurance companies to more efficiently serve their customers, grow their businesses, and respond to evolving regulatory requirements. Its Investment Services group provides administration and distribution services for mutual funds, hedge funds, private equity funds, retirement plans, separately managed accounts, and other investment products. Through its Insurance Services group, BISYS is the nation's largest independent wholesale distributor of life insurance and a leading independent wholesale distributor of commercial property/casualty insurance, long-term care, disability, and annuity products. Additional information is available at www.bisys.com. Except for the historical information contained herein, the matters discussed in the press release are forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current reasonable expectations and are subject to certain assumptions, risks, uncertainties and changes in circumstances due to future events as well as changes in economic, competitive, regulatory and/or technological factors affecting BISYS' business, including, without limitation, the ongoing government investigations and litigations involving the company. More detailed information about risk factors that could cause actual results to differ materially are noted in BISYS' periodic filings with the Securities and Exchange Commission. These documents can be accessed on BISYS' website at www.bisys.com under the "Investor Relations" tab. Forward-looking statements are only predictions, not guarantees of performance, and speak only as of the date they are made. BISYS disclaims any obligation to update or amend these statements in light of new information, future events or otherwise.