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San Diego, CA – January 15th,
2008 - Kyriba Corporation, the leader
of web-based cash and treasury management solutions, is delighted to announce that
two new clients, Constellation Brands and Enbridge, Inc., have selected
Kyriba’s real-time, on-demand cash and treasury management solution for their
global treasury management needs. Constellation
Brands, Inc. (NYSE: STZ; ASX: CBR), headquartered in Fairport, New York, is a
leading international producer and marketer of beverage alcohol brands with a
broad portfolio across the wine, imported beer into the United States and
spirits categories. Constellation is the largest wine company in the world; the
largest multi-category supplier of beverage alcohol in the United States; a
leading producer and marketer of wine from Australia, New Zealand and Canada;
and both a major producer and independent drinks wholesaler in the United Kingdom.
Enbridge,
Inc. is a leader in energy transportation and distribution in North
America and internationally. As a transporter of energy, Enbridge
operates, in Canada and the United States,
the world's longest crude oil and liquids pipeline system. The Company also has
international operations and a growing involvement in the natural gas
transmission and midstream businesses. As a distributor of energy, Enbridge
owns and operates Canada's
largest natural gas distribution company, and provides distribution services in
Ontario, Quebec,
New Brunswick and New York State.
Enbridge employs approximately 5,000 people, primarily in Canada, the United
States and South America.
Enbridge's common shares trade on the Toronto Stock Exchange in Canada and on the New York Stock Exchange in the
United States
under the symbol ENB. Information about Enbridge is available on the Company's
website at www.enbridge.com.
“We couldn’t be more pleased than to welcome these
new customers to the Kyriba user community”, stated Jean-Luc
Robert, CEO for Kyriba Corporation. “Kyriba’s web-based
platform is suited to a broad range of companies, across all industries and
sizes, whether they are domestic or global, centralized or decentralized. These
new clients really illustrate that point.”
About
Kyriba Corporation
Kyriba
is a leading provider of Treasury solutions delivered under the Software as a
Service (SaaS) model. Customers use the
automated online system to better control their daily cash management tasks
including bank balances, transaction reporting, payments, cash positioning /
forecasting, automated general ledger posting and investment portfolio
reporting. The system automatically collects bank statements and facilitates
automated cash, bank, and ledger reconciliations through Kyriba’s daily bank
connectivity monitoring service. The
solution also meets stringent Sarbanes-Oxley 404 audit trail, workflow, and
control requirements and provides seamless integration with third-party
applications. Founded in 2000 and based
in San Diego, New York,
Paris and Rio
de Janeiro, Kyriba serves a global client base of more
than 120 corporate treasuries, insurance companies and financial institutions.
Media
contact:
Leslie Regino, Kyriba Corporation, 646-378-2131, lregino@kyriba.com
For more information, visit www.kyriba.com |