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ENVISION FINANCIAL SYSTEMS
ENGAGES SERVICES OF STRADLEY RONON
September 15, 2003 (Tustin,
CA)-Envision Financial Systems, a leading provider of software solutions
to the institutional and mutual fund industry, today announced they
have engaged Stradley Ronon to provide legal counsel on mutual fund
issues.
In making the announcement, Satnam Gambhir,
President of Envision, said, "It's imperative for software
companies to address the complex legal issues and how they affect
the investment company industry. Our relationship with Stradley
Ronon means we can react quickly and strategically to new regulations
and tax laws."
Stradley Ronon investment management lawyers
represent more than 175 investment companies, along with their advisers,
managers, administrators, and underwriters. Their knowledge of the
law governing investment management dates back to 1928 with their
involvement in the formation of one of the nation's first mutual
funds. Stradley's monitoring allows Envision to be notified immediately
of new regulations and tax laws.
"We are pleased to have engaged a firm
who focus on the compliance areas of interest to our mutual fund
clients." said Tom Wiedecker, Chief Operating Officer of Envision.
"This relationship will ensure that all tax and compliance
reporting issues receive the analysis and review that can only be
provided by tax and legal professionals."
Bruce Leto, Chair of Stradley Ronon's Investment
Management Group states, "We look forward to working with Envision,
a company that shares our philosophy and dedication to client service."
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 satellite
operations in Owings Mills, Maryland and Bangalore, India.
About Stradley Ronon
Based in Philadelphia, the full service law firm of Stradley Ronon
Stevens & Young, LLP bases its client representation on a simple
premise: business issues deserve business solutions. The firm has
over 140 lawyers and five offices located in Philadelphia and Malvern,
PA, Cherry Hill, NJ, Wilmington, DE, and Washington, D.C. Stradley
Ronon is the only Eastern Pennsylvania member of Meritas the world's
largest affiliation of independent commercial law firms. To learn
more about Stradley Ronon visit its web site at www.stradley.com.
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Company Contact: Edward Yang
of Envision at (714) 247-0030 ext. 124.
Media Contact: Jill Paiz-Bourque of Paiz Public Relations
at (415) 538-8660 ext. 102
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