LAGUNA NIGUEL, Calif., Feb. 2, 2009 (GLOBE NEWSWIRE) -- INFINITE Software Corporation (Pink Sheets:IFSC), a global IT integrator and software provider, announced today that it has been awarded a contract valued in the 7 figures with a financial services company based in the U.S.
"This was a hard-fought win for us and one in which we had to pull out all the stops. In order to win this contract we had to demonstrate that we provide a much higher value than our competitors. In these tough economic times, especially for the financial services business, we have shown that we can deliver much higher performance at more competitive prices," stated Bruce Acacio, CEO, INFINITE.
About INFINITE Software Corporation
INFINITE Software is a global provider of software and services for the legacy extension and financial services markets. The company is headquartered in Orange County, CA and operates globally from offices in Asia, North America, South America and Europe. The Company's products are marketed under the brand names INFINITE and LPS. INFINITE Software enjoys over 100,000 installations in 56 countries.
Safe Harbor Statement
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as California Software or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.