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Nucleus Software and Sun Microsystems ink Joint Marketing Agreement

May 9, 2005 | Press Release
India’s established banking solution provider joins Sun’s strategic marketing, technology and solution relationship

Sun Microsystems Inc. and Nucleus Software Exports Ltd. today announced an agreement wherein the two companies will combine marketing efforts that encompass future of Banking Software solutions, Sun hardware and the Solaris operating environment. With this Joint Marketing agreement, Nucleus will offer scalability and flexibility in its’ choice of platform to its’ customers and Sun will enable porting and benchmarking exercises of Nucleus’ products on its applications.

The agreement will combine the marketing and technical efforts of both the companies to ensure optimal performance and support for current and future releases of Nucleus’ solutions, running on Sun Enterprise servers and the Solaris operating environment. Both the companies will offer technical training and support toward this new endeavor and take joint marketing and sales initiatives.

“Partnering with industry leaders like Sun to deliver solutions that enhance and contribute to our customers’ business is an integral part of Nucleus’ business strategy,” said Niraj Vedwa , Head – Global Sales & Marketing, Nucleus Software Exports Limited. With this partnership we will achieve faster time to market and lower total cost of ownership.”

Said Mr. M.B. Sam, Head- Strategic Alliances, Sun Microsystems India Private Limited , “Nucleus Software has proven expertise in the financial services industry. With this partnership we aim to reinforce our leadership in this domain. We view this as a great business opportunity for us and look forward to further consolidating our success.”

About Nucleus Software

Nucleus Software (BSE & NSE: NUCLEUS) is the leading provider of lending and transaction banking products to the global financial services industry. Its software powers the operations of more than 150 companies in 50 countries, supporting retail banking, corporate banking, cash management, internet banking, automotive finance and other business areas. Nucleus Software is known for its world-class expertise and innovation in lending and transaction banking technology. It has two flagship products, built on the latest technology:
  • FinnOneTM 10 time winner - World’s Best Selling Lending Solution. 
  • FinnAxiaTM, an integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit: http://www.nucleussoftware.com/safe-harbor.

For Media related information, please contact:

Rashmi Joshi, Nucleus Software
Email: rashmi.joshi@nucleussoftware.com
Phone: +91-9560694654