Riis: Saxo Bank joins SunGard as co-title sponsor in 2011

Riis: Saxo Bank joins SunGard as co-title sponsor in 2011

ID: 38598

(Thomson Reuters ONE) -


Bjarne Riis, owner and manager of Riis Cycling A/S, announced today that Saxo
Bank, the trading and investment specialist, will become co-title sponsor with
SunGard, one of the world's leading software and technology services companies.

Following the announcement during the Tour de France that SunGard had agreed to
become co-title sponsor for the next two years, Bjarne Riis revealed at a press
conference in Copenhagen today that Saxo Bank will be the other co-title sponsor
in 2011. The Team will be called "Saxo Bank-SunGard Professional Cycling Team".

Bjarne Riis said:
"I am very happy to announce Saxo Bank and SunGard as future partners. With
these two companies committed to the team, we have a solid financial foundation
for the future. Saxo Bank and SunGard have ensured that the Team can continue
its essential role within the world of cycling and will be able to maintain
competing at the highest level. With Saxo Bank and SunGard as two strong
backers, our future looks very bright. I am grateful for their commitment and I
am confident that this will be mutually beneficial to all involved."

Based on the prospects presented by the Team for 2011, Saxo Bank has taken a
strategic decision to sponsor the Team for one more year. Saxo Bank has
sponsored the Team since 2008 but took over as main title sponsor on 1 January
2009. According to the Bank, the sponsorship has already achieved great branding
results and increased Saxo Bank's name recognition around the world. Saxo Bank's
decision to continue the sponsorship for yet another year is based on a genuine
wish to support the Team but also a commercial decision to further build on the
advantages that Saxo Bank believes  is extended through this additional
commitment to the Team. The new, unnamed sponsor, announced during the Tour de
France, was willing to step aside in order for the Team's new plans to




materialize.

In a joint statement, Kim Fournais and Lars Seier Christensen, Co-CEOs and
co-founders of Saxo Bank, said:
"Bjarne Riis has delivered excellent results over the past couple of years and
has an impressive plan for 2011.We believe it's important to recognize an
unprecedented opportunity when you see one and therefore, we have decided to
continue our sponsorship for one more year. In Saxo Bank, we always aim for the
top and we believe Bjarne Riis and his Team can reach that goal next year. While
our past collaboration with Bjarne Riis has been fantastic, we also know and
trust the new co-title sponsor, SunGard, and that has made this strategic
decision an even easier one to make."

Brian Robins, chief marketing officer of SunGard, said:
"We are pleased to extend our sponsorship of Riis Cycling in 2011 and join Saxo
Bank as a co-title sponsor.  We share Saxo Bank's enthusiasm for this project
and we are looking forward to renewing our collaboration.  The Saxo Bank-SunGard
Professional Cycling Team represents a fantastic opportunity to gain visibility
for our brand in front of a global audience."

According to Bjarne Riis there will be significant changes to creating a
stronger team. Both Bjarne Riis and the two co-title sponsors wish both new and
outgoing riders every success in their decisions and careers ahead.


Media enquiries

Allan Jørgensen, Communications Manager, Team Saxo Bank
Mob: +45 2868 2038
aj(at)riis-cycling.com

Brian Robins, Chief Marketing Officer, SunGard
Tel +1 646-445-8347
brian.robins(at)sungard.com

Kasper Elbjorn, Head of Group PR, Saxo Bank
Mob: +45 3065 4300
press(at)saxobank.com


About SunGard

SunGard is one of the world's leading software and technology services
companies.  SunGard has more than 20,000 employees and serves 25,000 customers
in 70 countries.  SunGard provides software and processing solutions for
financial services, higher education and the public sector.  SunGard also
provides disaster recovery services, managed IT services, information
availability consulting services and business continuity management software.
With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune
500 and is the largest privately held business software and IT services
company.  For more information, please visit SunGard atwww.sungard.com

Trademark Information: SunGard and the SunGard logo are trademarks or registered
trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and
other countries. All other trade names are trademarks or registered trademarks
of their respective holders.

About Saxo Bank
Saxo Bank is an online trading and investment specialist, enabling clients to
trade Forex, CFDs, Stocks, Equities, Futures, Options and other derivatives, as
well as providing portfolio management via SaxoWebTrader and SaxoTrader, the
leading online trading platforms. SaxoTrader is available directly through Saxo
Bank or through one of the Bank's global partners. White label is a significant
business area for Saxo Bank, and involves customised and branding the Bank's
online trading platform for other financial institutions and brokers. Saxo Bank
has more than 100 white label partners and boasts thousands of clients in over
180 countries. Saxo Bank is headquartered in Copenhagen with offices in
Australia, China, the Czech Republic, France, Greece, Italy, Japan, the
Netherlands, Singapore, Spain, Switzerland, UK, and the United Arab Emirates.



[HUG#1435498]








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originality of the information contained therein.
All reproduction for further distribution is prohibited.

Source: Saxo Bank A/S via Thomson Reuters ONE


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Datum: 03.08.2010 - 11:16 Uhr
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