Clarity Systems Recognized as Laureate by the Computerworld Honors Program

Global Information Technology Awards Foundation Pays Tribute to Individuals and Organizations that Use Information Technology to Benefit Society

TORONTO, May 18 /CNW/ - Clarity Systems, a leading provider of software solutions to the Office of Finance, has been recognized as a Laureate by the Computerworld Honors Program. This year's Honorees will be commemorated during the 22nd Annual Laureates Medal Ceremony & Gala Awards Evening on June 7, 2010 at the Andrew W. Mellon Auditorium in Washington, D.C. For over two decades, Computerworld Honors has acknowledged those individuals and organizations that have used information technology to benefit society.

"We are pleased to have been recognized by this prestigious honors program," said Mark Nashman, President & CTO, Clarity Systems. "To be chosen a laureate from among the hundreds of submissions is very gratifying and I'd like to thank Morgan Stanley, a valued client of Clarity Systems, for nominating us," added Nashman.

The Computerworld Honors Program unites Chairmen and CEOs of the world's foremost information technology companies to recognize the most outstanding user achievements in technology each year. The technology achievements honored by this program are preserved and protected in national archives, and in over 350 universities, museums, and research institutions throughout the world.

Each year, members of the Chairmen's Committee, a group of 100 Chairman/CEOs of global technology companies, nominates individuals and organizations around the world whose visionary applications of information technology promotes positive social and economic progress.

Independent of the Laureate recognition, the Computerworld Honors Program also annually presents its Leadership Awards, each designed to honor the extraordinary achievements of selected individuals whose positive contributions to the IT revolution have left an indelible mark on the world.

"Each Laureate selected for this honor understands the importance of using one's resources and technical prowess to benefit one's fellow man," said Bob Carrigan, Chairman of the Computerworld Honors Program Chairmen's Committee and CEO of IDG Communications Worldwide.

About Computerworld

Computerworld is the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (www.computerworld.com), weekly publication, focused conference series and custom research, form the hub of the world's largest (40+ edition) global IT media network. In the past six years alone, Computerworld has won more than 100 awards, including Folio Magazine's 2006 Gold EDDIE Award for the best technology/computing magazine, the 2004 and 2006 Magazine of the Year Award, and 2006 Best Overall Web Publication from the American Society of Business Publication Editors (ASBPE). In addition, in 2007 Computerworld's then editor in chief, Don Tennant, received the prestigious Timothy White Award from American Business Media. Computerworld leads the industry with an online audience of over 2 million unique, monthly visitors and a print audience of 1,222,000 readers each week (IntelliQuest CIMS Spring 2007).

About International Data Group (IDG)

International Data Group (IDG) is the world's leading technology media, events, and research company. IDG's online network includes more than 450 Web sites spanning business technology, consumer technology, digital entertainment, and video games worldwide. IDG publishes more than 300 magazines and newspapers in 85 countries including CIO, CSO, Computerworld, GamePro, InfoWorld, Macworld, Network World, and PC World. IDG's lead-generation service, IDG Connect, matches technology companies with an audience of engaged, high quality IT professionals, influencers, and decision makers. IDG is a leading producer of more than 750 technology-related events including Macworld Conference & Expo, LinuxWorld Conference & Expo, Entertainment for All Expo (E for All), DEMO, and IDC Directions. IDC, a subsidiary of IDG, is the premier global provider of market intelligence, advisory services, and events. Over 900 IDC analysts in more than 90 countries provide global, regional, and local expertise on technology and industry opportunities and trends. Additional information about IDG, a privately held company, is available at idg.com.

Clarity Systems

Clarity Systems delivers software solutions to the Office of Finance. The company's software helps organisations around the world improve their budgeting, planning, consolidations, scorecarding and management reporting processes, and also automates the external reporting processes required to produce regulatory and statutory reports. Clarity's unified applications help CFOs reduce risk while simultaneously improving operational efficiency. For more information, please visit Clarity's website at www.claritysystems.com or call 1-877-410-5070 in North America or 44 (0) 2031784038 in the UK.

SOURCE CLARITY SYSTEMS LIMITED

For further information: For further information: on Clarity Systems, please contact: Tony Hocevar - VP, Marketing, Clarity Systems Limited, (416) 250-5500 ext. 403, thocevar@claritysystems.com

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CLARITY SYSTEMS LIMITED

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