Misys Announces Solid Results and Aggressive Cost Cutting - Video Interview With CEO

LONDON, January 26, 2012 /PRNewswire/ --

In an online video interview with MerchantCantos, Misys CEO Mike Lawrie described the banking software solutions company's half-year 2011/2012 results as "very solid" but noted that the prevailing macro-economic conditions were challenging for the company and its customers. "Financial institutions certainly are facing very uncertain times," he said.

The software boss said he was putting in place contingencies to protect the company's performance even if the economic environment deteriorates saying: "We are going to take some very aggressive cost and expense actions."

Mr Lawrie said he was certain Misys would remain the leader in its markets. "We are on a path for continued solid performance, and leadership in our industry."

The interview and transcript are available now on http://www.cantos.com/company/Misys. There will also be a live analyst webcast at 0900GMT with on-demand replay available later in the day.

MerchantCantos produces in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email [email protected] or phone +44(0)207-936-1352.

SOURCE Misys plc

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