ASG Acquires Cypress Corporation

ASG Acquires Cypress Corporation

ASG Expands "Total Information Ownership" Capabilities through Addition of Leading Content and Output Management Solutions

NAPLES, Fla./Tuesday, March 29, 2005 — ASG, an enterprise software and professional services provider to Global 5000 companies, today announced the acquisition of Cypress Corporation, a Rochester Hills, Mich.-based developer and provider of content management and output management software. Terms of the deal were not disclosed.

Cypress’ content management and delivery solution includes modules that enable report distribution, output management, document archiving and retrieval, Web content delivery, document enhancement (including electronic forms and barcodes), and data mining. Cypress products also provide a "Content Processing Facility" (CPF) that drives document processes, automating the collation and delivery of reports and other documents. Cypress’ products will join the ASG Information Management and Operations Management product families.

"Cypress is an exciting and important addition to ASG’s strategy of ‘Total Information Ownership’ – the ability of users of all skill levels to own, access, and manage the information they require to make critical business decisions," said ASG President and CEO, Arthur L. Allen. "Cypress’ innovative technology and approach provides information that is accessible and accurate, enabling the right information to be sent to the right people at the right time. Cypress solutions will be integrated with other components from ASG’s Information Management and Operations Management product families to provide a comprehensive, end-to-end solution that addresses all information-related pains within the enterprise."

"Cypress’ content management solutions greatly enhance ASG’s offerings, specifically with the ability to own, access, and manage both unstructured and structured data from myriad sources," said Mary Hinz, president of Cypress Corporation. "Organizations worldwide will benefit from ASG’s global distribution of Cypress’ visionary and innovative content management technology, and ASG’s comprehensive IT software portfolio, services, and support will better enable Cypress’ customers to achieve IT and business goals."

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