NEW YORK, March 10 /PRNewswire/ --

SunGard (http://www.sungard.com) today announced that it has acquired the
corporate payments division of Payformance Corporation 
(http://www.payformance.com), a Jacksonville, Florida based company that
provides payment processing solutions for corporations and health care
organizations. The acquisition, the terms of which were not disclosed, is not
expected to have a material impact on SunGard's financial results.

The acquired business will become part of SunGard's Banks & Corporations
business and will be branded under SunGard's AvantGard brand (
http://www.sungard.com/avantgard). This acquisition is the latest addition to
the AvantGard Collaborative Financial Management platform, helping the
ecosystem of suppliers, buyers, banks and trading partners to remove barriers
and inefficiencies in the financial supply chain.

Last year, SunGard integrated the Payformance technology with its
AvantGard Trax payment factory and SWIFT connectivity solution. By combining
Payformance's online processing with AvantGard Trax, SunGard offers a
comprehensive accounts payable solution that delivers bank connectivity,
domestic and international payments, online remittance details, automatic
payment notification and check printing capabilities. Corporations can
efficiently execute all types of payments including SWIFT, ACH, payment cards
and other formats.

The solution also provides an easy means for corporations to migrate away
from costly paper checks towards more efficient electronic payment formats.
Designed to work with a company's existing banking relationships, the
solution is non-proprietary and can plug in to virtually any accounting
system. The integrated offering helps customers reduce transactional costs,
improve the management of payment information, exceptions, and statement
flows, and comply with regulations.

"The AvantGard Collaborative Financial Management platform is the
backbone for financial supply chain management. Not only can our customers
gain a single view of cash and risk, they can also improve outdated,
inefficient and poorly protected finance activities such as
business-to-business payment processing," said Ken Dummitt, president of
SunGard's Banks & Corporations business. "Incorporating Payformance last year
allowed us to deliver our integrated solution to early adopters in this
space. This acquisition allows us to further this innovation, expanding the
breadth of our Collaborative Financial Management platform."

About Payformance Corporation

Payformance Corporation is one of the industry's most innovative
providers of Electronic Funds Transfer and Electronic Remittance Advice
solutions. Its flagship product, PaySpan Health, builds on the company's more
than 23 years of experience in developing payment solutions. By automating
the last phase of the healthcare claims process -- payment and remittance --
PaySpan Health optimizes funds transfer and remittance delivery and brings
the promise of HIPAA administrative simplification to reality. Learn more at
www.payformancehealth.com.

About AvantGard

SunGard's AvantGard is a leading liquidity management solution for
corporations, financial institutions and the public sector. AvantGard
provides chief financial officers and treasurers with real-time visibility
into cash flows and increased operational controls around treasury,
receivables and payments management. The solution aggregates data for a
single view of cash, drives productivity through automation and fosters
collaboration between trading partners. For more information, visit
www.sungard.com/avantgard.

About SunGard

With annual revenue of US$5 billion, SunGard is a global leader in
software and processing solutions for financial services, higher education
and the public sector. SunGard also helps information-dependent enterprises
of all types to ensure the continuity of their business. SunGard serves more
than 25,000 customers in more than 50 countries, including the world's 50
largest financial services companies. Visit SunGard at www.sungard.com.

Trademark Information: SunGard, the SunGard logo, AvantGard and
Collaborative Financial Management are trademarks or registered trademarks of
SunGard Data Systems Inc. or its subsidiaries in the U.S. and other
countries. All other trade names are trademarks or registered trademarks of
their respective holders.

For further information, please contact:
    Toby West, PR & Communications Manager
    SunGard Financial Systems
    Tel: +44-0-20 8082 2426
    Email: toby.west@sungard.com

    Web site: http://www.sungard.com
              http://www.payformance.com
              http://www.sungard.com/avantgard