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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 markets and 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.

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