EX-99.1 2 l17408exv99w1.htm EXHIBIT 99.1 exv99w1
 

(AGILYSYS LOGO)
Exhibit 99.1
FOR IMMEDIATE RELEASE
AGILYSYS, INC. ENTERS CHINA AND HONG KONG MARKETS
CLEVELAND — Dec. 7, 2005 — Agilysys, Inc. (NASDAQ: AGYS), a leading provider of enterprise computer technology solutions, announced today it has entered the China and Hong Kong markets through the purchase of the China and Hong Kong operations of Mainline Information Systems, Inc. The business specializes in IBM information technology enterprise solutions for large and medium-sized businesses and banking institutions in the China market, and has sales offices in Beijing, Guangzhou, Shanghai and Hong Kong.
“The business provides the opportunity for Agilysys to quickly begin operations in China with a nucleus of local talented people,” said Arthur Rhein, chairman, president and chief executive officer of Agilysys.
Forward-Looking Language
Portions of this release, particularly the statements made by management and those that are not historical facts, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current assumptions and expectations, and are subject to risks and uncertainties, many of which are beyond the control of Agilysys. Many factors could cause Agilysys actual results to differ materially from those anticipated by the forward-looking statements. These factors include those referenced in the Annual Report on Form 10-K or as may be described from time to time in Agilysys subsequent SEC filings.
Potential factors that could cause actual results to differ materially from those expressed or implied by such statements include, but are not limited to, those relating to Agilysys anticipated revenue gains, sales volume, margin improvements, cost savings, and new product introductions.
Other associated risks include geographic factors, political and economic risks, the actions of Agilysys competitors, changes in economic or industry conditions or in the markets served by Agilysys, and the ability to appropriately integrate acquisitions, strategic alliances, and joint ventures.
In addition, this release contains time-sensitive information and reflects management’s best analysis only as of the date of this release. Agilysys does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Information on the potential factors that could affect Agilysys actual results of operations is included in its filings with the Securities and Exchange Commission, including, but not limited to, its Annual Report on Form 10-K for the fiscal year ended March 31, 2004. Interested persons can obtain it free at the Securities and Exchange Commission’s website, which is located at www.sec.gov.
About Agilysys, Inc.
Agilysys is one of the foremost distributors and premier resellers of enterprise computer technology solutions. It has a proven track record of delivering complex server and storage hardware, software and services to resellers, large and medium-sized corporate customers, as well as public-sector clients across a diverse set of industries. In addition, the company provides customer-centric software applications and services focused on the retail and hospitality markets. Headquartered in Mayfield Heights, Ohio, Agilysys has sales offices throughout the United States and Canada. For more information, visit www.agilysys.com.

 


 

     
Analysts/Investor Contact:
  Martin Ellis
 
  Executive Vice President, Treasurer and
 
  Chief Financial Officer
 
  Agilysys, Inc.
 
  440-720-8682
 
  martin.ellis@agilysys.com
 
   
Media Contact:
  Julie Young
 
  Director, Corporate Communications
 
  Agilysys, Inc.
 
  440-720-8602
 
  julie.young@agilysys.com
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