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CVN Conversion Services International,

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Conversion Services International, AMEX:CVN AMEX Ordinary Share
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Conversion Services International Announces Data Warehouse Redesign Engagement with Major Financial Services Client

24/06/2008 9:30pm

PR Newswire (US)


Conversion Services (AMEX:CVN)
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-CSI engaged to ensure successful design of new data warehouse- EAST HANOVER, N.J., June 24 /PRNewswire-FirstCall/ -- Conversion Services International, Inc. (AMEX:CVN), a premier professional services firm focused on delivering business intelligence and business process optimization solutions to Global 2000 organizations and other businesses, today announced a new engagement with the marketing subsidiary of a world leader in insurance and financial services. (Logo: http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO ) This client recently completed a merger and needed to combine their corporate data into a new system as a necessity of the merger process. With an identified need for resources and expertise to meet mandated deadlines, they selected CSI for its experience in both complex information management architecture and merger and integration processes. CSI will be developing the data streams from multiple source systems and converting the data for integration into the merged organizations' new system, using best practices to ensure data quality, efficiency of the new system and data connectivity. CSI's understanding of the challenges involved in integrating data in a merger scenario -- along with the ability to provide a flexible model, fixed-price and guaranteed delivery time -- was key to winning this engagement. According to Scott Newman, CSI's chief executive officer, "The accuracy and quality of customer and company data that is consolidated during a merger is critical to business success. The accuracy and completeness of the data is essential to providing both quality customer information and company operating information after the merger is complete. As a trusted advisor to this client, with hands-on expertise in both information management and merger/integration best practices, we're able to increase the efficiency and accuracy of the data feeding from their legacy systems to their new data warehouse structure, directly impacting the new organization's business success." About Conversion Services International, Inc. Conversion Services International, Inc. (CSI) is a leading provider of professional services focusing on strategic consulting, data warehousing, business intelligence, business process reengineering, as well as integration and information technology management solutions. CSI offers an array of products and services to help companies define, develop, and implement the warehousing and strategic use of both enterprise-wide and specific categories of strategic data. CSI's customers include ADP, Coach, Goldman Sachs, Liberty Mutual, Merck, Morgan Stanley, and Pfizer. Information about CSI can be found on the web at http://www.csiwhq.com/ or by calling its corporate headquarters at 888-CSI-5036. Note on Forward-Looking Statements Except for the historical information contained herein, this press release contains, among other things, certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such statements may include, without limitation, statements with respect to CSI's plans, objectives, expectations and intentions and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond CSI's control). CSI undertakes no obligation to update publicly any forward-looking statements. Media Contact: Tracee Lee Beebe Conversion Services International, Inc. 973-560-9400 http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO http://photoarchive.ap.org/ DATASOURCE: Conversion Services International, Inc. CONTACT: Tracee Lee Beebe of Conversion Services International, Inc., +1-973-560-9400, Web site: http://www.csiwhq.com/

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