NexJ Systems Inc. Files Preliminary Prospectus for Initial Public Offering

TORONTO, April 4 /CNW/ - NexJ Systems Inc. ("NexJ"), a leading provider of cloud-based software, delivering enterprise customer relationship management (CRM) solutions for the financial services, insurance and healthcare industries, announced today that on March 31, 2011, it filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec, in connection with a proposed initial public offering (the "Offering") of its common shares. A copy of the preliminary prospectus is available on SEDAR (www.sedar.com).

The Offering is being made through a syndicate of underwriters co-led by GMP Securities L.P. and Canaccord Genuity Corp., and including Raymond James Ltd., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., and NCP Northland Capital Partners Inc.

The preliminary prospectus has not yet become final for the purposes of the sale of the securities, and information contained in the preliminary prospectus may not be complete and may have to be amended. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended , or any state securities laws, and may not be offered or sold in the United States unless pursuant to an exemption there from. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of NexJ Systems Inc. in any jurisdiction.

About NexJ Systems Inc.
NexJ is a leading provider of cloud-based software, delivering enterprise customer relationship management (CRM) solutions for financial services, insurance, and healthcare.  Our next-generation, people-centered software combines industry-specific functionality with information from multiple applications and data stores to provide comprehensive knowledge of the individual.

NexJ was founded by an executive management team with extensive experience in the successful design and delivery of large-scale, integrated, enterprise software solutions.  For more information about NexJ Systems call 416-222-5611, e-mail info@nexj.com, or visit www.nexj.com.

SOURCE NexJ Systems Inc.

For further information:

Media Contact: Matthew Bogart
416-222-5611
matt.bogart@nexj.com


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