Cydcor, the dominant leader of outsourced face-to-face sales, recently held its annual R&R Owners Weekend event at the Fontainebleau Miami Beach. R&R Owners Weekend is an appreciation event for key personnel of the independently owned sales offices they support throughout the United States and Canada.  While the event had an element of business, the primary focus was rest, relaxation, and networking between peers.

"The owners of the independently -owned sales offices and their teams work extremely hard in the field. From the blazing sun in California to the snow storms of Toronto, our offices are committed to being the face-to-face sales force our clients need to generate sales in their markets," said Vera Quinn, senior vice president of sales and operation. "R&R Owners Weekend thanks them for their commitment to being the dominant leader in outsourced face-to-face sales in North America and around the world."

This year's event welcomed more than 600 attendees to the glamorous, luxurious, and historical Fontainebleau Miami Beach Hotel. Showcasing Cydcor's dedication to charitable organizations, the 3rd Annual Charity Tournament was held – this year, the organization supported was Operation Smile, an international children's medical charity treating facial deformities such as cleft lips and cleft palates all around the world. Teams paid a $100 entry fee to play in the tournament and collectively $1,600 was raised and donated.

"The need for quality cleft care is urgent; there are so many children around the world who desperately need our help," said Dr. Bill Magee, Founder and CEO of Operation Smile. "We are grateful for the generosity of our supporters and volunteers. It is only with their help that we can continue to give new smiles and transform the lives of our patients."

Attendees enjoyed a weekend full of themed dinners, private group pool cabanas, ocean kayaks, banana boat rides, bocce ball, and ping-pong. The weekend culminated with a "Havana Nights" theme dinner, where they participated in a customized "Minute to Win It" and had a chance to win cash prizes.

"We want our offices to know that their contributions over this past year are recognized and appreciated," said Gary Polson, CEO at Cydcor. "We hope that this weekend of rest and relaxation showed our gratitude for their hard work and dedication."

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About Cydcor, Inc.

Cydcor, Inc., is the leading provider of outsourced, face-to-face Cydcor sales teams to a diverse client base of companies in a range of industries, including telecommunications, office products, retail energy, and financial services. Serving Fortune 500 and emerging market clients in the business-to-business, residential, and retail channels through in-store marketing initiatives, Cydcor works with a network of independently owned corporate licensee (ICL) Cydcor sales offices providing clients with access to more than 2,700 sales professionals and nearly 200 offices in North America. The privately held company is based in Westlake Village, California. For more information about Cydcor, log on to www.cydcor.com.

SOURCE Cydcor, Inc.

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Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting and business process outsourcing services, today announced that Gordon Coburn, Chief Financial and Operating Officer, will present at the following investor conference:

2010 Citi Technology Conference

• Date:   Tuesday, September 7, 2010
• Time:   3:55 PM ET

A live audio webcast of the presentation will be available at Cognizant's website:  

http://investors.cognizant.com

The webcast will remain available on the company's website for 60 days.

About Cognizant

Cognizant (Nasdaq: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services. Cognizant's single-minded passion is to dedicate our global technology and innovation know-how, our industry expertise and worldwide resources to working together with clients to make their businesses stronger. With over 50 global delivery centers and approximately 88,700 employees as of June 30, 2010, we combine a unique global delivery model infused with a distinct culture of customer satisfaction. A member of the NASDAQ-100 Index and S&P 500 Index, Cognizant is a Forbes Global 2000 company and a member of the Fortune 1000 and is ranked among the top information technology companies in BusinessWeek's Hot Growth and Top 50 Performers listings. Visit us online at www.cognizant.com.

SOURCE Cognizant

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SEI (Nasdaq: SEIC) today announced that it supports authorized participant (AP) trading for over 300 Exchange Traded Funds (ETFs). This operational outsourcing business represents 53 percent of the U.S. ETF market. Instrumental in SEI's order-taking process is its ground-breaking straight-through-processing platform. The platform is designed to create increased levels of efficiency and transparency by connecting the APs, sponsors, distributor, custodians, and transfer agents in one straight-through electronic process.  The growth points to the ongoing traction of the ETF sector and SEI's commitment to delivering innovative outsourcing services to this rapidly-evolving market.

SEI's system creates a centralized location for submitting and reviewing ETF creation and redemption transactions, while significantly increasing the speed and convenience of order entry. With this system, orders that were typically manual are now automated, processed in a controlled environment, and can be completed in seconds. Order affirmations are received electronically almost instantaneously, without the need for manual validation of the transaction. The system also enables new levels of flexibility for users, allowing participants to easily replace an order prior to cutoff times and access their historical records.  

Another benefit of the electronic system is the increased transparency it gives to sponsors. Rather than waiting until the end of the trading day to understand their market positions, sponsors can now log in throughout the day to monitor their activity and obtain a more accurate snapshot of their business activity on a continuous basis.  

"SEI's ETF processing platform is an important advancement in the technology that supports our business and the ETF industry in general," said George Pereira, Senior Vice President of Charles Schwab Investment Management, SEI's latest ETF client. "By reducing order processing time and by increasing transparency, SEI improves the efficiency, effectiveness, and experience of Schwab and our AP trading partners. This new platform is an example of the innovation that SEI is known for and is a testament to their market leadership."

Eliminating manual intervention, SEI's processing platform employs multiple checks and balances related to the size of the order and the fund symbol to prevent erroneous trades and other errors from occurring. Fund parameters and exceptions set by the sponsors are incorporated into the system and automatically assist the AP with the trade input. Orders are also acknowledged through an instantaneous PDF affirmation, followed by an electronic confirmation process.

"With the growth of the ETF sector this decade, it was clear that a more sophisticated, flexible, and convenient processing system was needed," said John Alshefski, Senior Vice President, SEI's Investment Manager Services division. "As the leader in the space, we have been investing the time and capital necessary over the past several years to build a better platform, not only for the benefit of sponsors, but also for the over 40 APs with whom we have relationships. The ETF marketplace has also been evolving, and our expertise has allowed us to support a widening array of index products, including '40 Act, '33 Act, and long-short ETFs. We're excited to be a catalyst for positive change and to provide ETF sponsors with innovative capabilities."

In addition to AP processing, SEI's ETF outsourcing solution includes fund administration, accounting, investor servicing, and distribution support globally through its US and European locations.

About SEI's Investment Manager Services Division

SEI's Investment Manager Services division provides comprehensive operational outsourcing solutions to global investment managers focused on mutual funds, hedge and private equity funds, exchange traded funds, collective trusts, and separately managed, as well as institutional and private client, accounts. The division applies operating services, technologies, and business and regulatory knowledge to each client's business objectives.  Its resources enable clients to meet the demands of the marketplace and sharpen business strategies by focusing on their core competencies. The division has been recognized by Buy-Side Technology as "Best Fund Administrator" and by HFMWeek as "Best Funds of Hedge Funds Administrator." For more information, visit http://www.seic.com/enUS/im/343.htm.

About SEI

SEI (Nasdaq: SEIC) is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of June 30, 2010, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $380 billion in mutual fund and pooled assets and manages $149 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit www.seic.com.

SOURCE SEI

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Privately held Moonlight Printing and Mailing is now being branded as Moonlight Business Process Outsourcing (Moonlight BPO). According to Brenda Grigsby, President, "With our Q1 acquisition of document imaging DataStor and our continued investment in software, hardware, security and quality control technologies, we now provide a wider range of services; virtually all in the outsourcing arena." Grigsby added that, "Outsourcing remains the number one cost containment strategy for entities large and small. Be it the printing and mailing of transactional documents like monthly billings or statements, or the electronic imaging, indexing and archiving of documents, we provide higher quality solutions and significantly lower costing."

Brian Yarbrough, IT Director shared, "Few companies can afford to hire a full-time staff to research and stay abreast of technology changes in imaging, laser printing, mail production software and equipment and postal regulations. We are confident that technology advances, increasing wages for the best people and a decreasing talent pool will insure continued BPO growth."

Privately held, Moonlight BPO has provided leading-edge print solutions for over twenty-five years. The Company specializes in turnkey personalized direct mail solutions (data, creative, personalization, mail production and delivery to the USPS), including its patented It Stix(R) self-adhesive mailer. Annually, the Company also prints hundreds of thousands of transactional documents (recurring invoices, statements) for its clients. These outsourcing solutions also provide for embedded personalized advertising (TransPromo - replacing advertising inserts and buck slips with more powerful solutions). The Company is also active in document scanning, imaging, indexing, archiving and storage and human resource mailings such as EOB and IRS B Notices, Forms 1099, etc.

Serving clients from coast to coast, Moonlight BPO invests heavily in security and controls. The Company's controls and security are SAS70 Type II and HIPAA compliant and independently certified. In addition, the Moonlight BPO is compliant and certified with the Financial Institution Shared Assessments Program (FISAP). The Company is the only print to mail company in the United States that is both SAS70 Type II, HIPAA and FISAP independently certified and compliant.

Moonlight BPO has been recognized nationally and locally as one of the top Woman-Owned Businesses in the United States and one of the top a) Small Businesses, b) Diversity / Minority Owned Businesses and, c) Woman-Owned Businesses in Oregon.

This press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.

SOURCE Moonlight BPO

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Systems America, Inc. (Pink Sheets: SMAR), a premier provider of business process outsourcing and information technology solutions, announced today that it has acquired CollectiveGain, Inc., provider of end-to-end Business Intelligence consulting for enterprise applications.

Systems America will leverage this acquisition to increase its stronghold as a leading provider of SAP-based solutions, and solidify its market position with FORTUNE 1000 and mid-market companies. CollectiveGain's services include SAP and Oracle Business Intelligence consulting services and specialize in the areas of ERP and Business Intelligence/Data Warehousing for vertical segments including information technology, finance and accounting, human resources, engineering, pharmaceutical, health care, and scientific.  Systems America will also leverage CollectiveGain's client base to further enhance its BPO offerings and offshore-based consulting services specific to SAP and Oracle solutions.

"The acquisition of CollectiveGain furthers Systems America's ability to offer cost-effective, end-to-end IT outsourcing to the rapidly expanding mid-market," said Adesh Tyagi, Chief Executive Officer of Systems America, Inc. "By augmenting our existing SAP and Oracle solutions with advanced systems integration, strategic consulting, onshore & offshore custom application development, and robust hosting capabilities, we will enhance our position as a comprehensive provider of SAP and Oracle services across numerous markets."

Adesh Tyagi also cited CollectiveGain's strong relationship with clients as a deciding factor in the acquisition. Systems America will build on CollectiveGain's success in shaping what is considered SAP's most responsive and resourceful consulting alliance.

"CollectiveGain, as part of Systems America is committed to expanding the market for SAP and Oracle services. Systems America's and CollectiveGain's combined services, clients, and affiliation with SAP and Oracle have created a solid foundation for Systems America to offer a full spectrum of SAP solutions that will generate ongoing opportunities with existing customers and success in new markets," said Dhiraj Kumar, President of CollectiveGain. "The addition of our client base and employees will help Systems America build upon its already growing reputation in SAP, and broaden its overall capabilities as a pioneer in IT outsourcing."

About Systems America

Systems America is a premier provider of diversified business process and information technology outsourcing solutions to commercial and government clients worldwide. We are ranked one of the fastest growing companies with multiple locations around the world. It began when a group of extraordinary operations and information technology professionals formed a company dedicated to fulfilling client needs. From a single financial industry client, Systems America expanded into the energy, financial, government, health care, retail, and travel industries. Today, Systems America delivers superior business process outsourcing, information technology outsourcing, and systems and integration services to hundreds of clients worldwide. Building on a core competency of efficient technology infrastructure outsourcing, the company, headquartered in Campbell, California, United States now supports operations in nearly 20 countries. For additional information about Systems America, please visit www.systemsamerica.com.

About CollectiveGain

CollectiveGain, Inc. is a global IT solutions and services company that offers SAP and Oracle solutions in ERP, CRM, BI, SCM, SEM, SRM and Enterprise Portals, among others, with an emphasis on NetWeaver and emerging technologies. Systech has offices across the U.S. and development centers in San Ramon, India. For additional information about Systems America, please visit www.collectivegain.com.

Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.

SOURCE Systems America, Inc.

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