SOURCE: Microgen

Microgen

December 01, 2009 08:00 ET

Microgen Expands North American Presence to Support Demand for Its Technology Platform

Adds Boston Office, Appoints U.S.-Based SVP

BOSTON, MA--(Marketwire - December 1, 2009) - Microgen today announced that as part of its ongoing North American expansion strategy, it has opened an office in Boston and appointed Tom Crawford, as Senior Vice President for North America. Tom joined Microgen in 2003 and was most recently Managing Director of Microgen's Financial Services division. The Boston office is Microgen's second office in North America, where its U.S. headquarters are in New York.

The changes follow 18 months of significant growth and success in the U.S. and Canada, where Microgen's clients include some of the world's largest financial services institutions and digital media companies. Microgen's success in North America has been driven by the success of Microgen Aptitude, the company's flagship business process management (BPM) platform, and the Microgen Accounting Hub (MAH). Microgen has developed MAH using Microgen Aptitude, as a product that can be rapidly implemented to satisfy the requirements of financial organizations to facilitate consistent global accounting.

"Having set a strong foundation through new customer wins and project implementation success, we are excited to continue our growth in North America," said Senior Vice President Tom Crawford. "With the addition of our Boston office, we are now positioned to support our customers in their long-term success using Microgen's world-class technologies."

Microgen Aptitude is a rules-based BPM platform that enables companies to manage very high volumes of information and complex processes, including reporting and decision automation, system integration and human workflow/exception management. The Microgen Accounting Hub is built on the Microgen Aptitude architecture and provides financial organizations with the ability to manage and process vast volumes of data at high speeds, providing a clear and transparent view of risk and liquidity and enabling financial executives to make smarter strategic decisions.

"Further expansion into the North American market remains a key part of our global growth strategy," noted Microgen Chief Operating Officer David Sherriff. "We are very pleased to have Tom Crawford providing leadership on the ground to help broaden our geographical reach, as well as continue to deliver the very best services and technologies to existing customers in this region."

About Microgen

Founded in 1974 and listed on the LSE (MCGN) since 1983, Microgen is an established leader in the delivery of software, solutions and associated consultancy services. The Group implements bespoke applications and product software for the world's largest financial institutions, media organizations and multi-national corporations.

The Group's portfolio of proven products and solutions, many of which are based on its proprietary Microgen Aptitude technology, enables the intelligent application of technology in a range of sectors including banking, media, asset & wealth management, commercial and public sectors.

The Group has offices in Fleet and London in the UK, and international offices in the United States, South Africa, Poland and Guernsey. For more information, please visit www.microgen.com.

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