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Qualcomm, Superior Energy, Virgin Megastore, Arianespace and Boiron Labs select Kyriba |
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San Diego, CA – March 11, 2008 - Kyriba
Corporation, the leader of web-based cash and treasury management solutions, is
delighted to announce that five new clients, Qualcomm, Superior Energy, Virgin
Megastore (France), Arianespace and Boiron Labs, have selected Kyriba’s
real-time, on-demand cash and treasury management solution for their global
treasury management needs.Qualcomm Incorporated is a leader in developing and delivering innovative
digital wireless communications products and services based on CDMA and other
advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included
in the S&P 500 Index and is a 2007 FORTUNE 500® company.
Superior
Energy Services, Inc. serves the drilling-related needs of oil and gas companies
primarily through its rental tools segment and the production-related needs of
oil and gas companies through its well intervention, rental tools and marine
segments. The Company uses its production-related assets to enhance, maintain
and extend existing production and, at the end of a property's economic life,
plug and abandon wells and decommission platforms and structures. Superior also
owns and operates mature oil and gas properties in the Gulf of
Mexico.
Virgin Megastore has 36 stores in France. It has more than 75
million visitors per year and more than 300 organized
meetings/dedications/mini-concerts each year in its stores. Virgin Megastore has
more than 600,000 products in: music, movies, books, electronics, fashion and
games.
Arianespace is the world's leading launch service & solutions
company, delivering innovative services and solutions to its customers for more
than 25 years. Backed by 23 shareholders, and by the European Space Agency,
Arianespace offers an unrivalled launcher family, comprising Ariane 5, Soyuz and
Vega, and an international workforce renowned for their culture of excellence.
Arianespace has launched 254 satellites since being founded, including more than
60% of the commercial satellites now in service worldwide.
Boiron
Laboratories, a world leader in homeopathic medicine, has new development
prospects following its merger with Dolisos in 2005 with an unaltered ambition:
to give homeopathy a firm place within medicine. The Boiron Group currently
employs nearly 4,000 people in almost 50 countries throughout the world. Among
its best known drugs are: Oscillococcinum®, Sedatif PC ® and
Homeoplasmine®.
“We are very pleased that these new clients have selected
Kyriba as their treasury management system”, stated Jean-Luc Robert, CEO for
Kyriba Corporation. “Kyriba’s web-based platform offers them a wealth of
functionality that is simple to implement, and delivered in a cost-effective
manner. We know these treasury operations will benefit from a new level of
productivity in a very short time period.”
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, Milan, and Rio de Janeiro, Kyriba serves a global
client base of more than 130 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
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