Message #23 From:
Stock News Bot Date: November 28, 2006 06:00:00 AM
SYS News SYS Technologies' Client Recognized for E-Learning Initiatives
SAN DIEGO--(BUSINESS WIRE)--SYS Technologies, (AMEX:SYS), a leading provider of information
connectivity solutions that enable real-time, complex decision-making,
congratulates Kenneth Harper, National Training Manager for Homecomings
Financial, a subsidiary of General Motors Acceptance Corporation, for
receiving Chief Learning Officer magazine’s
Division I Silver Award in the “Leading
Business Change” category for organizations
with fewer than 10,000 people.
“For the past two years, SYS Technologies has
been involved in the analysis, design, development and programming of
our Learning Portal,” stated Harper. “Launched
in October 2005, it offers over 30 comprehensive e-learning courses in
compliance, ethics, business, products, and technology to account
executives, underwriters, managers and newly hired associates -- and is
a contributing factor in sustaining the company’s
rapid hiring and revenue growth.”
Jeff Giglio, senior vice president of SYS Technologies’
Web Technologies, stated, “The Learning
Portal was built to help develop the careers of Homecomings
associates, and it is wonderful to know Homecomings’
well-trained associates are responsible for adding to the Residential
Finance Group’s bottom line. In addition to
SYS Technologies’ Web Technologies
collaboration with Homecomings on the Learning Portal, we have
also worked on the customization of Homecomings’
Learning Management System and the recent release of client-facing
digital product marketing “Weblets”
for nationalizing business processes and increasing the consistency and
efficiency of business driven training initiatives. We are proud to have
a continuing and productive relationship with Homecomings in the
development of its comprehensive learning center.”
“Our goal in conferring these annual “Learning
in Practice” awards is to recognize leaders
who are advancing the industry and clearly demonstrating the link
between learning and business performance,”
said Norm Kamikow, MediaTec Publishing Inc. president and editor in
chief of Chief Learning Officer. “Honored
on October 5 in Austin, TX, Harper is responsible for introducing
learning and training initiatives at Homecomings. He was chosen among
more than 200 nominations submitted for a number of awards from the
magazine.”
SYS Technologies’ Web Technologies business
unit has significant expertise in the development of interactive,
web-based learning content and provides e-learning and web applications
including custom e-learning development, learning management systems,
collaboration tools and custom technology products.
About Chief Learning Officer (MediaTec Publishing Inc.)
MediaTec produces award-winning media, events and resources for a
growing audience of business leaders striving to develop, manage and
measure high-performing global workforces. Our flagship magazine, Chief
Learning Officer, was named “Best New Magazine”
by the American Society of Business Publication Editors in its launch
year, and it has been nominated for several Neal Awards. In addition to
B-to-B magazines, our portfolio includes industry intelligence reports
and reference materials, e-Seminars, international symposia, regional
roundtables, educational colloquia and a wide variety of robust
electronic media. MediaTec Publishing is widely regarded as the leading
source of information and insight for workforce development and talent
management decision-makers who need to be strategic, effective and
successful in new and changing markets.
About Homecomings Financial
Homecomings Financial LLC, a wholly owned subsidiary of Residential
Funding Corporation (GMAC-RFC), is a leading wholesale lender and
mortgage servicer in the U.S. GMAC-RFC, a wholly owned subsidiary of
Residential Capital Corporation (ResCap), is a leading private issuer of
mortgage-backed securities and mortgage related asset-backed securities
and the No. 1 warehouse lender in the US. The company leverages its
strengths in securitization, lending and investment to offer a broad
portfolio of innovative capital solutions to businesses in a variety of
markets. The company is headquartered in Minneapolis and operates in the
United States, Canada, Mexico, United Kingdom and Continental Europe.
Visit www.gmacrfc.com.
About SYS Technologies
SYS Technologies (AMEX:SYS), is a leading provider of information
connectivity solutions that capture, analyze and present real-time
information to our customers in the Department of Defense, Department of
Homeland Security, other government agencies and to large industrial
companies. Using interoperable communications software, sensors, digital
video broadcast and surveillance technologies, wireless networks,
decision-support tools and Net-centric technologies, our technical
experts enhance complex decision-making. We also provide solution
lifecycle support with program, financial, test and logistical services
and training. Founded in 1966, SYS Technologies is headquartered in San
Diego and has principal offices in California, Virginia and Maryland.
For additional information, visit www.systechnologies.com.
Notice Regarding Forward-Looking Statements
This press release includes “forward-looking
statements” within the meaning of section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended.All statements other
than statements of historical fact included in this press release
regarding the Company’s strategies, plans,
objectives, expectations, and future operating results are
forward-looking statements.Although SYS believes that the
expectations reflected in such forward-looking statements are reasonable
at this time, it can give no assurance that such expectations will prove
to have been correct.Actual results could differ materially
based upon a number of factors including, but not limited to, the state
of economy, competition, unanticipated business opportunities,
availability of financing, market acceptance, government regulation,
dependence on key personnel, limited public marketsand
liquidity, shares eligible for future sale, continuation and renewal of
contracts and other risks that may apply to the Company, including risks
that are disclosed in the Company’s
Securities and Exchange Commission filing.