American Water Works, CSL Group, Erickson Retirement, Mid-Carolina Electric Cooperative and Reynolds American select Kyriba

29 August 2008

Kyriba Corporation, the leader in Software-as-a-Service cash and treasury management solutions, is delighted to announce that American Water Works Company, The CSL Group, Erickson Retirement Communities, Mid-Carolina Cooperative, Inc. and Reynolds American have selected Kyriba’s real-time, on-demand cash and treasury management solution for their global treasury management needs.

Founded in 1886, American Water Works is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs nearly 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15.6 million people in 32 states and Ontario, Canada.

The CSL Group Inc. is a Canadian based company headquartered in Montreal and has affiliated offices in Halifax, Winnipeg, Burlington, Boston, Singapore and Sydney, Australia. The company specializes in self-unloading bulk carriers with inland, coastal and deep sea trading capabilities that offer shippers versatility and reliability. It employs approximately 700 people, more than 500 in its various domestic operations.

Erickson Retirement Communities is one of the leading national developers of full-service retirement communities. Headquartered near Baltimore, Md., Erickson has built an innovative network of 22 communities that combine a maintenance-free active lifestyle with a host of amenities, social activities, and wellness and medical centers, proven to improve both physical and mental health.

Mid-Carolina Electric Cooperative, Inc. (MCEC) is a not-for-profit electric distribution utility headquartered in Lexington, South Carolina and owned by more than 40,000 member-owners. MCEC is the fifth largest of the twenty electric cooperatives in South Carolina. Together these cooperatives serve more than 500,000 members in over 70% of the state.

Reynolds American Inc. (NYSE: RAI) is the parent company of R.J. Reynolds Tobacco Company; Conwood Company, LLC; Santa Fe Natural Tobacco Company, Inc; and R.J. Reynolds Global Products, Inc.

“We are very pleased to add these new companies to our client portfolio,” stated Jean-Luc Robert, CEO for Kyriba Corporation. “Kyriba pioneered the Software-as-a-Service model for corporate treasury and our clients are reaping the benefits of the functionality and its ease of access.”

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