SAI Systems International , INC .                                  For Immediate Release
12Progress Drive,Shelton CT
Shelton, CT (Feb 10, 2004) - Thomson Financial (Thomson), the leading provider of integrated information and technology applications to the global financial services industry has chosen SAI Systems International Inc., (SAI Systems) a rapidly growing technology consulting services and products company, to their vendor list for IT staff augmentation program. An agreement signed to this effect recently positions SAI Systems among the chosen few companies who will provide skilled personnel to Thomson.
Dr. Ramesh Wadhwani, SAI System's President and CEO said, "We are excited at this opportunity to work for Thomson. SAI Systems has been providing financial IT consulting services for the more than 12 years to organizations like Goldman Sachs, Citigroup, JP Morgan Chase, Deutsche Bank, Lord Abbett and many others. It is our pleasure to add Thomson to the list of our prestigious fortune 100 Banking and brokerage clients". Sowmi Narayan, SAI System's Vice President - IT Staffing Services said, "As part of this contract, SAI System has already started working on .Net, C# based new product development for Thomson which is planned for completion in December 2004".
Founded in November 1980, Thomson Financial is a US$1.5+ billion provider of information services and work solutions to the financial and corporate communities worldwide. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries to be more productive and achieve superior results.
SAI System's experience and expertise in the technology sector significantly enhances SAI System's ability to recruit technical consultants. SAI System's growing clientele includes leading companies in the Banking and Financial services, Telecommunication, Insurance, Transportation, Healthcare sectors and US Government agencies. SAI enjoys enviable customer loyalty with 95% of the customer base providing repeat business on an on-going basis. SAI's market facing, customer centric and process driven approach greatly enhances spontaneity in response through quality solutions and services.
About Thomson Financial
Thomson Financial is a US$1.5+ billion provider of information and technology solutions to the worldwide financial community. Thomson Financial is part of The Thomson Corporation, a leading provider of value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. With revenues of US$7.6 billion, The Thomson Corporation lists its common shares on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC). For more information, visit The Thomson Corporation's Web site at http://www.thomson.com
About SAI Systems International, Inc.
SAI Systems International, Inc. provides information technology staffing, software development and consulting services to a diverse group of corporate and government clients. Established in 1986, SAI Systems International, Inc., has headquarters in Connecticut with offshore development facilities in India, and international offices in London, Hong Kong, and Taiwan. For additional information, please visit the SAI Systems International, Inc. website at www.saisystems.com
Press/Media Contact:
SAI Systems International, Inc.
(203) 929-0790
press@saisystems.com.
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