NFS Delivers Applera Corporation Upgrade

- Applera Corporation upgrades from Auros 3.7 to the Trema Suite v6.5
- NFS is a Trema Certified Expert Partner that has managed over 30 upgrade projects for Trema customers based on its accumulated knowledge
- Applera Corporation leverages NFS' niche treasury expertise to implement a cost-saving and performance enhancing solution for its treasury business

London, 15 March 2005 - Nordic Financial Systems (NFS), the provider of technical and business integration services to the treasury industry, today announced that Applera's upgrade from Auros 3.7 to the Trema Suite
v6.5 is complete. Applera Corporation will now realise significant cost and performance benefits through consolidated banking relationships and streamlined operations.

The successful migration of former Alterna clients to the Trema Suite is central to Trema's strategy to provide a fully integrated yet modular solution and a key delivery criteria component for its Certified Expert Partners.

Applera Corporation is comprised of three dynamic businesses, Applied Biosystems, Celera Genomics and Celera Diagnostics and is one of the world's leading biotechnology organisations. To ensure operational efficiencies and economies of scale, Applera wanted a single banking interface for all the countries where it has accounts. Upgrading to the Trema Suite v6.5 made this single interface possible. Acting on Trema's recommendation, Applera brought NFS on board to manage the project which will also deliver improved performance and functionality, increased visibility and transparency, cost savings and automated processing.

Speaking about the project undertaken by NFS, Alfred van den Haak, Cash & Currency Manager Europe, Applied Biosystems, commented, "NFS has an excellent team of consultants with unparalleled treasury knowledge, resourcefulness and flexibility, which was instrumental in the success of this project. As we updated our server from Microsoft SQL to Oracle it was also vital that NFS had extensive experience of Oracle. NFS met our needs on every count."

Magnus Lind, CEO, NFS said, "Our consultants' experience working with the Cash Management Module in Trema Suite v6.5 coupled with our strong position as a Trema Certified Expert Partner mean we are well placed to help Trema clients. This was a fairly complex project and I look forward to using the experience gained to help other corporations benefit from the same advantages that Applera Corporation now enjoys."

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