SunGard Workflow Solutions Acquires Recognition Research, Incorporated

May 17, 2005


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SunGard Workflow Solutions, an operating unit of SunGard, has acquired Recognition Research, Incorporated. Headquartered in Blacksburg, Virginia, Recognition Research, Incorporated (RRI) specializes in forms processing and automated data capture. RRI is a provider of high-volume, complex forms processing applications; its flagship product, FormWorks, provides structured data capture of EDI, XML, Web, and other transaction streams. The transaction, the terms of which have not been disclosed, is not expected to have a material impact on SunGard's financial results.
(www.rrinc.com; www.sungard.com)