European Banking Leader Signs Three-Year Support Agreement With Clerity

Market Wire, August, 2007

Clerity Solutions, Inc. (Clerity), a leading provider of mainframe migration and modernization solutions, today announced that BNP Paribas has signed a three-year support agreement for its mainframe rehosting technology. Operating in over 85 countries, BNP Paribas is a European banking and financial services leader.

With this agreement, Clerity now supports all of BNP Paribas' high-performance, core banking systems running UniKix(TM) Transaction Processing Environment (UniKix TPE) software. BNP Paribas relies UniKix TPE technology to provide the bank's software infrastructure at more than 50 subsidiaries worldwide. This multi-year contract clearly demonstrates BNP Paribas' confidence in Clerity's high level of experience, responsiveness and support in the mainframe migration and modernization space.

"We are delighted that BNP Paribas chose Clerity to support its mission-critical applications," said Cameron Jenkins, COO at Clerity. "Organizations like BNP Paribas, looking for stable, high performance, yet cost-effective alternatives for mainframe CICS and batch environments are ideal for our comprehensive legacy migration solutions."

About BNP Paribas

BNP Paribas ( www.bnpparibas.com ) is a European leader in banking and financial services, and ranks among the world's top 15 banks by market capitalization. It has 150,000 employees, almost 120,000 of whom are based in Europe. The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets.

About Clerity Solutions, Inc.

Clerity is a leading, full-service provider of mainframe migration and modernization solutions. Headquartered in Chicago, Illinois with offices worldwide, Clerity's migration team and automated software solutions have facilitated hundreds of successful migrations. With over 15 years of experience and more than 1200 active sites worldwide, Clerity is uniquely positioned to assist organizations through all phases of migration. For more information on Clerity visit http://www.clerity.com .

Contact Information: Wendy Williams Email Contact Clerity Solutions, Inc.

 

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