HandySoft Global Signs Partnership Agreement with IT Consulting Firm entory AG

Business Wire, Nov 15, 2006

entory's Implementation Experience at Premiere European Bank Offers German Companies Strong BPM Solution

VIENNA, Va. -- HandySoft Global Corp., a leading provider of business process management (BPM) solutions, today announced a systems integration partnership agreement with entory AG, a German-based IT consulting company with a specialization in financial services. entory is a division of Softlab, a subsidiary of car manufacturer BMW. As a result of this partnership, entory will implement BizFlow[R], HandySoft's award-winning BPM solution, for German companies looking to streamline processes and increase efficiencies.

entory is currently implementing BizFlow at a premier European bank, where it will interface with more than 30 supporting systems. The bank is using BizFlow to integrate disparate back office systems, increase operational efficiency and shorten customer onboarding cycle times in order to meet the time and economic demands of the commercial environment.

"HandySoft is an ideal partner for us. Our company's strategic goal is to help our customers optimize the processes that impact their financial and operational performance. BPM plays a fundamental role in achieving this," said Marcus Hunsicker, entory's Business Development Manager for business process integration in the finance sector. "We were looking for experts in the BPM arena and chose to join forces with HandySoft because both BizFlow's technology and HandySoft's customer service provide financial institutions with success-focused tools for the time-sensitive and cost-centric commercial environment of today."

entory chose to partner with HandySoft after an extensive evaluation, selecting the BPM solutions provider for its innovative technology and exceptional customer support. BizFlow features, including key performance indicator tracking, process-related rules monitoring and financial metrics forecasting, provide users with realized cost savings, increased revenues and productivity improvements.

"We are excited to offer German companies a high caliber services option in the form of entory," said Brian Boxman, chief operating officer of HandySoft. "We have dozens of leading financial services companies using BizFlow to streamline processes and reduce operational costs. With its strong financial services experience, entory is the ideal implementation partner for us in Germany."

entory will be demonstrating BizFlow at the European Banking & Insurance Fair (E.B.I.F) in Frankfurt, Germany on November 14 - 16, 2006 in stand 5.1B76.

About HandySoft Global Corporation

HandySoft Global Corp. is the premier provider of configurable software solutions that simplify and automate business processes; capture and enforce best practices; improve productivity and quality while reducing costs; integrate information technology; and foster collaboration among employees, customers and partners.

The foundation for HandySoft's industry and departmental solutions is BizFlow[R], the award-winning platform for business process management, automated workflow and collaboration. BizFlow offers complete capabilities for building and managing automated business processes, including tools for designing and monitoring the processes, presenting and accessing work, integrating existing IT systems and administering the platform itself.

As a global solutions provider, HandySoft Global is headquartered in Vienna, VA, USA, with an office in London, UK, and with strategic partner representation throughout the world. HandySoft has implemented process management solutions at hundreds of sites worldwide. For more information call 1-703-442-5600, email info@handysoft.com or visit http://www.handysoft.com.

entory AG | Softlab Group

entory - a Softlab Group company - has a 25-year track record of providing IT solutions to the finance industry. Customers include banks, insurance companies, investment management companies as well as innovative companies from the industry public sectors.

entory's consultants analyze business processes along the entire value chain, design the optimal IT solution, implement adequate applications and steer workflows.

Our goal: measurable efficiency in your business processes, reduced production depth and less complex IT landscapes.

Your benefit: more flexible and more efficient processes with high performance and reduced cost.

entory focuses on business process management in the areas of trading & post-trading; asset, credit and customer management; core banking & controlling and business process integration.

Smart solutions for your challenges - that is our business. So you can focus on your core business.

HandySoft, the HandySoft logo, BizFlow and BizFlow Accelerator Suites are trademarks of HandySoft Global Corp. All other trademarks are the property of their respective owners.