London Stock Exchange Regulatory News Service and Clarity Systems announce an exclusive partnership



    LONDON, UK, May 18 /CNW/ - Clarity Systems, a leader in external
reporting and corporate performance management (CPM) and the London Stock
Exchange company news service, RNS, today announced an exclusive strategic
partnership that will enable users of Clarity FSR to streamline their
submission of announcements to RNS.
    Clarity FSR is an innovative external and regulatory reporting solution
that enables a range of announcements to be created from a central database,
while still allowing users to take advantage of the formatting and calculation
capabilities of MS-Word and MS-Excel. The system produces highly formatted
documents with the appropriate commentaries and supplementary notes, reducing
both the time taken to produce submissions and the costs and risks associated
with non compliance and error.
    Clarity Systems and the Exchange have worked together to create an
extension to Clarity FSR. Interim Management Statements, Annual Reports,
corporate disclosures and press releases can now all be written and validated
in Clarity FSR and released directly to RNS, eliminating the need for further
work to ensure that the documents are compliant with RNS formatting standards.
    "We are pleased to be working with the Exchange to provide its quoted
companies with additional support in regulatory disclosure, regulatory
validation, and regulatory compliance. Clarity is committed to working with
the world's leading exchanges and their issuer communities to automate and
streamline their growing regulatory reporting requirements," said Frank
Pizzolato, Clarity CEO.
    Paul Rennison, RNS Business Development Manager at the Exchange, said:
    "RNS is committed to providing industry leading solutions and
technologies to our clients, and we are excited to be forming a new
partnership that will first and foremost help our customers to streamline
their reporting workflow, but also presents opportunities for further areas of
co-operation."

    About the London Stock Exchange/RNS

    London Stock Exchange Group is Europe's leading diversified exchange
business operating Europe's largest and most liquid equity market with over
500 member firms. The Exchange itself is the world's most international
exchange with nearly 700 overseas companies from over 70 countries quoted on
its markets. RNS is the Exchange's regulatory news service, delivering company
announcements and enabling organisations to meet their regulatory obligations
in the UK, Europe and the US accurately, securely and on time. It is the
market leader in the UK and works alongside other leading financial news
distributors across the world, distributing 90 per cent of UK company news and
results announcements and over 40 per cent of SEC filings on behalf of FTSE
100 companies.
    For more information on the Exchange please visit:
www.londonstockexchange.com
    For more information on RNS visit: www.londonstockexchange.com/rns or
contact RNS on +44 (0)20 7797 4400 or email rns@londonstockexchange.com.

    About Clarity Systems

    Clarity Systems delivers software solutions to the Office of Finance. Our
software helps large and mid-market organisations around the world improve
their budgeting, planning, consolidations, scorecarding and management
reporting processes, and also automates their external reporting processes to
support the production of regulatory and statutory reports. Our 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 + 44 (0) 2031784038 in the UK or
+1-877-410-5070 in North America.





For further information:

For further information: on Clarity Systems, please contact: Catriona
Bull, Clarity Systems Limited, + 44 (0) 203 178 4038,
cbull@claritysystems.com; For Press and Analyst Inquiries: Dave Paolini,
Communications Manager, Clarity Systems Limited, (647) 242-1184,
dpaolini@claritysystems.com; Catherine Mattison, Press Office, London Stock
Exchange, +44 (0)207 7797 1395, cmattison@londonstockexchange.com

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CLARITY SYSTEMS LIMITED

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