BISYS(R) Announces Conference Call to Discuss Recent Press Release

BISYS, a leading provider of outsourcing solutions for
the financial services sector, today announced that it will host a
conference call on Tuesday, August 15, 2006 to discuss the press
release sent on Thursday, August 10, 2006 that named Chairman Robert
Casale the Interim CEO, of BISYS. A live Webcast of the conference
call will be available via the Investor Relations tab on the company's
Web site at www.bisys.com.
   The Webcast of the conference call to be hosted by Chairman Robert
Casale, Interim CEO, Russell Fradin, president and CEO and Bruce
Dalziel, chief financial office, will begin at 8:00 a.m. EST on
Tuesday, August 15, 2006.
   Those wishing to listen to the discussion on BISYS' Web site are
encouraged to log on five minutes prior to the scheduled conference
call start-time. An archive of the presentation will be available on
the Company's Web site beginning at approximately 12:00 p.m. EST on
Tuesday, August 15, 2006.

   About BISYS

   The BISYS Group, Inc. (NYSE: BSG) provides outsourcing solutions
that enable investment firms and insurance companies to more
efficiently serve their customers, grow their businesses, and respond
to evolving regulatory requirements. Its Investment Services group
provides administration and distribution services for mutual funds,
hedge funds, private equity funds, retirement plans, separately
managed accounts, and other investment products. Through its Insurance
Services group, BISYS is the nation's largest independent wholesale
distributor of life insurance and a leading independent wholesale
distributor of commercial property/casualty insurance, long-term care,
disability, and annuity products. Additional information is available
at www.bisys.com.

   Except for the historical information contained herein, the
matters discussed in the press release are forward-looking statements
within the meaning of the safe-harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on management's current reasonable expectations
and are subject to certain assumptions, risks, uncertainties and
changes in circumstances due to future events as well as changes in
economic, competitive, regulatory and/or technological factors
affecting BISYS' business, including, without limitation, the ongoing
government investigations and litigations involving The Company. More
detailed information about risk factors that could cause actual
results to differ materially are noted in BISYS' periodic filings with
the Securities and Exchange Commission. These documents can be
accessed on BISYS' website at www.bisys.com under the "Investor
Relations" tab. Forward-looking statements are only predictions, not
guarantees of performance, and speak only as of the date they are
made. BISYS disclaims any obligation to update or amend these
statements in light of new information, future events or otherwise.