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ENVISION FINANCIAL SYSTEMS EXPANDS TEAM TO HANDLE EXPLOSIVE GROWTH

Employee Base Grows 115% Since 2001 To Meet Accelerated Demand.

July 26, 2004 (Tustin, CA)—Envision Financial Systems, a leading provider of software solutions to the institutional and mutual fund industry, today announced numerous new hires to its business development and client support teams.

Brian Jones has joined Envision in the position of Vice President of Strategic Business Development. Brian previously spent six years at Federated Investors as Senior Vice President, Business Planning and Customer Communications. While at Federated Brian successfully improved customer service and significantly reduced costs by implementing new innovative business models. Brian also oversaw the service integration of $5 billion in new business acquisitions. Prior to that, Brian was with Fidelity Investments for sixteen years in numerous high level positions.

“We are extremely fortunate to bring on board a person with the caliber of experience that Brian has. His ability to manage relationships and his strong experience with customer relations will serve us well as we look to increase dialogue with the larger fund companies,” says Satnam Gambhir, President of Envision.

Envision also shored up their compliance efforts by hiring a specialist to focus on tax reporting and compliance issues. Linda Lawson will step into the newly created position of Director of Transfer Agency Compliance. Linda brings over twenty years of experience from Unified Fund Services where she held numerous high level positions. The east coast office also welcomed two new additions to Envision’s Client Service and Support team.

“We’re also happy to bring on board Linda as we anticipate greater demand on the compliance end. The additions to our service team will be welcome as we proactively look to increase support capacity to manage the growing number of clients at Envision and the increased interest from larger fund companies,” continued Satnam.

With the four new additions, the total number of Envision employees worldwide have now increased 115% since 2001.

About Envision
Founded in 1994, Envision Financial Systems, Inc. is a leading provider of software solutions to the institutional and mutual fund asset management markets. Using an in-depth knowledge of the financial services industry and extensive experience in software development, they create leading-edge global systems that are intuitive, scalable, and easily adaptable. Their systems are based upon open standards, helping their clients compete in the ever-changing global environment. Envision’s headquarters are in Tustin, California, with locations worldwide. For more information visit www.enfs.com.

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Company Contacts: Edward Yang, Envision at (714) 247-0030 ext. 124, edward.yang@enfs.com

 

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