Capgemini selects looksoftware for System i Banking Solution

Melbourne, Australia – March 6, 2007. looksoftware, specialists in reusing, extending and integrating core applications, today announced a partnership with Capgemini to modernize its System i banking solution, Combank.

Capgemini is a global leader in consulting, technology, outsourcing and professional services with revenues of around $US10 billion and 68,000 staff in 30 countries. They plan to release the new banking solution in the next quarter.

Sunitha Valtati, Product Development Manager, Capgemini said, "Capgemini chose looksoftware to modernize our banking solution because it was clear we could get a superior solution to market faster than the alternatives. After 2 or 3 online sessions we could see how the on-the-fly dynamic architecture could transform our Combank solution to meet our aggressive 3-month rollout plan.”

Kim Foo, Asia Pacific Region Manager for looksoftware said, “We’ve had many successes helping partners get their application solutions to market quickly and successfully and we look forward to doing the same with Capgemini.”

About Capgemini
Headquartered in Paris, France and operating in more than 30 countries, Capgemini is a global leader in consulting, technology, outsourcing, and local professional services.

For more information on Capgemini, visit www.capgemini.com.