NAPLES, FL--(Marketwire - September 29, 2009) - ASG Software Solutions, the originator of ASG's Business Service Portfolio (BSP) and a worldwide leader in business solutions for global enterprises, today announced that one of the largest retail banks in Europe has signed a five-year contract worth more than $5 million to enhance their enterprise-wide risk and compliance program.

The financial services company, a longtime ASG customer, purchased ASG-Total Content Integrator (ASG-TCI) and ASG-ViewDirect Records Manager for MVS to enhance the archiving capabilities of the existing ASG-ViewDirect Repository running on its mainframe. Together, ASG's three solutions equip the company to progress with its implementation of a transparent, well-documented risk and compliance program. The upgrades enable the corporation to effectively handle management-approved retention rules related to all information stored in the company's European locations.

Industry Recognition:

Recognized as one of KMWorld's Top 100 Companies That Matter in Knowledge Management in 2009, ASG continues to be recognized in the Information Management industry for its consistent release of innovative products and its commitment to customer satisfaction. ASG's ViewDirect Repository was recently named to KMWorld's Trend-Setting Products of the Year for 2009. (ASG-ViewDirect E-mail Manager received a KMWorld award in 2008.) ASG-ViewDirect Records Manager MVS, currently in beta mode, is the only MVS-based solution for records management in the world.

Supporting Quotes

LeAnn Toth, Executive VP of Worldwide Sales and Marketing, ASG

"Our close work with global enterprise customers allows us to respond to their business needs by making strategic investments and enhancing our innovative technology. This level of customer commitment is embodied in this bank's significant investment in ASG, one of the largest contracts we've executed in the past two years."

Supporting Resources

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About ASG | www.asg.com

ASG provides software solutions to more than 85 percent of the world's largest companies. Through its comprehensive Business Service Management (BSM) solution, Business Service Portfolio™, ASG is an established BSM provider with a strong heritage in information management; applications management; infrastructure, performance, and operations management; and service and support technologies. ASG enables clients to reduce costs, improve business-service delivery and reduce risks. Founded in 1986, ASG is a privately-held company based in Naples, Florida, USA, with more than 90 offices worldwide.

Contact Information: Contacts: Kristen Dattoli-Orfanos Lois Paul and Partners 781.782.5852 kristen_orfanos@lpp.com Patricia Colpitts ASG Software 512.238.3051 pat.colpitts@asg.com