News & Events   Eagle Investment Systems Honors Orbis Solutions as a Premier Partner    
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FOR IMMEDIATE RELEASE

NEWTON, MA -(BUSINESS WIRE)- Oct. 22, 2001 - Eagle Investment Systems Corp. announced today that Orbis Solutions is now a member of its premier list of Professional Services Channel Partners. Orbis will assist Eagle in the delivery of its Web-based solutions, Eagle STAR(R) and Eagle PACE(TM), to the financial services industry.

"Orbis' dedication to providing niche consulting, system development and project management and implementation services to the financial services industry made them a strategic fit for Eagle," said Jack Riley, CEO of Eagle. With years of experience in the banking and investment management industry, Orbis offers Eagle's clients and prospects highly skilled consultants with extensive business, systems development and project management and integration experience. "As a niche player, Orbis shares our vision of providing advanced technology solutions backed by a proven commitment to the financial services market, which are critical to achieving success in this industry," continued Mr. Riley.

"We are very enthusiastic about the potential this partnership brings to both organizations," said Brian Donnelly, Managing Partner at Orbis. "Financial service companies today are confronted with many challenges in their drive to remain competitive. We believe that our extensive consulting and integration services experience, coupled with Eagle's highly advanced technology solutions Eagle PACE and Eagle STAR, will enable us to further assist our clients in finding business models that extend beyond their current vision," continued Mr. Donnelly. As a member of Eagle's elite group of Channel Partners, Orbis personnel will take part in an intensive certification program on Eagle's products. "We see our channel partners as an extension of our core team and expect an exceptionally high level of capability and product expertise," said Rich Robins, Eagle's Vice President of Channel Partner Marketing. Orbis' comprehensive experience in data integration will be of great value as we continue to expand our market penetration.

Eagle PACE is a Web-based, data-centric investment portfolio management system designed to seamlessly integrate and automate critical front-, middle- and back-office functions and to provide Straight-Through Processing (STP) capabilities. Eagle PACE includes a fully integrated performance measurement and performance attribution calculation desk, a robust report design and distribution capability, a Web-based portal that facilitates portfolio management from wireless devices such as a Web-enabled PC, cell phone, or PDA device, and built-in connectivity capabilities to major industry data providers.

Eagle STAR is a Web-based investment accounting system designed for high transaction volumes. With the ability to scale to more than one million transactions an hour, Eagle STAR offers unparalleled performance levels. In addition to Eagle STAR's robust set of core investment accounting functions, Eagle STAR can support the unique accounting requirements of money managers, mutual funds, hedge funds, plan sponsors, banks and corporate trusts. Built to support global operations, Eagle STAR is easily deployed over the Internet or your corporate Intranet enabling organizations to distribute processing control while retaining centralized data and system control. Eagle STAR's externalized business rule set, enable business analysts to implement new instruments, calculations, reports, web panels and accounting conventions with ease.

About Eagle Investment Systems (www.eagleinvsys.com)
Eagle Investment Systems Corp. provides powerful investment systems software to the financial services marketplace. Eagle is regarded by many leading industry institutions as providing the most visionary and technologically rich Web-based solutions available today. Eagle has more than 275 professional system development, sales, marketing, finance, and administrative staff members dedicated to the organization's mission. The company is headquartered in Newton Massachusetts.

About Orbis Solutions (www.orbiscorp.com)
Orbis Solutions provides consultants with years of business, systems development, project management and integration expertise garnered from all areas within the financial markets. Their practice is made up of highly motivated consultants who leverage their experience to the absolute benefit of their clients. Each consultant has a minimum of fifteen years in the industry, each with different competencies. This is what sets Orbis apart from competitors and provides organizations with a competitive edge. The company is headquartered in Natick Massachusetts.

 
    Contact:
Brian Donnelly
Orbis Solutions Group
+1 (781) 792-2713
bdonnelly@orbiscorp.com
   
         
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