Bluerise - Information

Bluerise LLC Announces Extension of Key Citigroup Contract

NEW YORK, NY - April 23, 2003 Bluerise LLC has announced that its contract to deliver new business systems and associated services to Citigroup Asset Management has been extended. Bluerise has been engaged in the reengineering of business processes and the design and development of new systems for Citigroup’s Separately Managed Accounts business since early 2001. Bluerise, in partnership with SVT Incorporated, has successfully deployed multiple enterprise business applications to hundreds of users since the start of its relationship with Citigroup. Bluerise solutions are transforming Citigroup’s processes and systems for portfolio management, pre-trade analytics, and large-scale trading.

About Citigroup

Citigroup Asset Management provides investment management and related services to a broad spectrum of clients around the world, from beginning investors to wealthy individuals to large institutions, both public and private. It boasts one of the most impressive research teams on Wall Street and some of the most well known brands in money management — Smith Barney, Salomon Brothers and Citibank.

Smith Barney is the global private wealth management and equity research unit of Citigroup. It is a leading provider of comprehensive financial planning and advisory services to high net worth investors, institutions, corporations and private businesses, governments and foundations.

About Bluerise LLC

Bluerise provides business and technology solutions and consulting services for enterprise clients, specializing in the financial services and insurance industries. Combining the best people with proven project approaches and unique software solutions allows Bluerise to ensure success for its clients. Bluerise’s services and solutions encompass the full project life cycle, from business strategy and solution planning, through application rollout, user training and support. As such, we have experience and expertise in the business process transformation that will accompany any successful technology implementation.

Bluerise LLC and SVT Incorporated Team to Deliver Enterprise Financial Services Solutions

NEW YORK, NY - March 2, 2003 Bluerise LLC, a leading solutions provider to the financial services industry, has announced a marketing and solution delivery alliance with SVT Incorporated. SVT is a leader in the delivery of application development, systems integration, and systems management services. The alliance is designed to provide clients with comprehensive solutions to complex business transformation problems leveraging the unique offerings of the alliance partners.

“Bluerise’s strength in the asset management, consumer banking, and insurance industries, combined with their pre-built solution frameworks, fits well with our strength in the delivery of high value technology services,” said Sanjay Sethi, SVT’s President and CEO. He went on to add “the Bluerise Indigo Platform will be a key element in our ability to deliver innovative and cost effective solutions for our clients, using the latest web and legacy integration technologies.” Bluerise’s Indigo Platform is a pre-built solution framework that solves many of the complex architecture and integration issues encountered by large-scale web transformation initiatives.

According to Bluerise President Charles Durkin, “SVT’s global scale and wealth of technical skills strongly complements the Bluerise business and technology offerings. The alliance enables us to offer full service solutions with significant cost advantages over the competition.”

About SVT, Incorporated

SVT’s services enable its clients to combine the scope and efficiencies of the new web-based technologies with their existing business processes, such as managing investments, selling products and services, providing customer service, and conducting supplier transactions. SVT offers a broad range of technology services to its clients who desire to outsource any such services or retain outside consultants to supplement their in-house technology initiatives. SVT's application development services span the technology spectrum, from writing custom code for new applications to web enabling existing applications to seamless systems integration. SVT also provides post-production managed services for maintenance of its clients’ applications and systems infrastructure, including databases, networks and operating systems administration to help maintain, monitor, support and upgrade complex and high performance systems and applications 24 hours a day, 7 days a week.

About Bluerise LLC


News Contact Us		Bluerise LLC Announces Extension of Key Citigroup Contract NEW YORK, NY - April 23, 2003 Bluerise LLC has announced that its contract to deliver new business systems and associated services to Citigroup Asset Management has been extended. Bluerise has been engaged in the reengineering of business processes and the design and development of new systems for Citigroup’s Separately Managed Accounts business since early 2001. Bluerise, in partnership with SVT Incorporated, has successfully deployed multiple enterprise business applications to hundreds of users since the start of its relationship with Citigroup. Bluerise solutions are transforming Citigroup’s processes and systems for portfolio management, pre-trade analytics, and large-scale trading. About Citigroup Citigroup Asset Management provides investment management and related services to a broad spectrum of clients around the world, from beginning investors to wealthy individuals to large institutions, both public and private. It boasts one of the most impressive research teams on Wall Street and some of the most well known brands in money management — Smith Barney, Salomon Brothers and Citibank. Smith Barney is the global private wealth management and equity research unit of Citigroup. It is a leading provider of comprehensive financial planning and advisory services to high net worth investors, institutions, corporations and private businesses, governments and foundations. About Bluerise LLC Bluerise provides business and technology solutions and consulting services for enterprise clients, specializing in the financial services and insurance industries. Combining the best people with proven project approaches and unique software solutions allows Bluerise to ensure success for its clients. Bluerise’s services and solutions encompass the full project life cycle, from business strategy and solution planning, through application rollout, user training and support. As such, we have experience and expertise in the business process transformation that will accompany any successful technology implementation. Bluerise LLC and SVT Incorporated Team to Deliver Enterprise Financial Services Solutions NEW YORK, NY - March 2, 2003 Bluerise LLC, a leading solutions provider to the financial services industry, has announced a marketing and solution delivery alliance with SVT Incorporated. SVT is a leader in the delivery of application development, systems integration, and systems management services. The alliance is designed to provide clients with comprehensive solutions to complex business transformation problems leveraging the unique offerings of the alliance partners. “Bluerise’s strength in the asset management, consumer banking, and insurance industries, combined with their pre-built solution frameworks, fits well with our strength in the delivery of high value technology services,” said Sanjay Sethi, SVT’s President and CEO. He went on to add “the Bluerise Indigo Platform will be a key element in our ability to deliver innovative and cost effective solutions for our clients, using the latest web and legacy integration technologies.” Bluerise’s Indigo Platform is a pre-built solution framework that solves many of the complex architecture and integration issues encountered by large-scale web transformation initiatives. According to Bluerise President Charles Durkin, “SVT’s global scale and wealth of technical skills strongly complements the Bluerise business and technology offerings. The alliance enables us to offer full service solutions with significant cost advantages over the competition.” About SVT, Incorporated SVT’s services enable its clients to combine the scope and efficiencies of the new web-based technologies with their existing business processes, such as managing investments, selling products and services, providing customer service, and conducting supplier transactions. SVT offers a broad range of technology services to its clients who desire to outsource any such services or retain outside consultants to supplement their in-house technology initiatives. SVT's application development services span the technology spectrum, from writing custom code for new applications to web enabling existing applications to seamless systems integration. SVT also provides post-production managed services for maintenance of its clients’ applications and systems infrastructure, including databases, networks and operating systems administration to help maintain, monitor, support and upgrade complex and high performance systems and applications 24 hours a day, 7 days a week. About Bluerise LLC Bluerise provides business and technology solutions and consulting services for enterprise clients, specializing in the financial services and insurance industries. Combining the best people with proven project approaches and unique software solutions allows Bluerise to ensure success for its clients. Bluerise’s services and solutions encompass the full project life cycle, from business strategy and solution planning, through application rollout, user training and support. As such, we have experience and expertise in the business process transformation that will accompany any successful technology implementation.