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EISI Reveals Its Shareholders Have Agreed to Sell EISI to ZywaveOct 27, 2011 (Close-Up Media via COMTEX) -- Emerging Information Systems Inc. (EISI), a provider of needs analysis and financial planning software tools, announced that its shareholders have reached a definitive agreement to sell EISI to Zywave, Inc. The transaction is expected to close in the next 30 days. According to a release, EISI, based in Winnipeg, Canada, is a provider of needs analysis and financial planning software tools. Their flagship products, NaviPlan and Profiles, are the preferred choice for more than 250,000 financial professionals. Since 1990, EISI's customers have used their needs analysis and financial planning software to help improve efficiency, increase client engagement and enhance client relationships. Their blue chip customers include 11 of the top 25 banks in North America, 17 of the top 25 brokers, 3 of the top 5 Canadian insurance companies and 7 of the 10 largest U.S. life insurance companies. Zywave, based in Milwaukee, WI, is a provider of SaaS-enabled business management applications to insurance brokerages, including customer relationship management, business analytics and technology-enabled content tools. Used by 90 percent of the Top 100 U.S. insurance agencies, Zywave solutions enable firms to manage their back office operations, compete for new business, service existing customers, and track customers and prospects and related activities. Serving similar yet distinct markets, Zywave and EISI share a proud history of entrepreneurial roots, customer-centric operations, and unrivaled, first-to-market software products that keeps them at the forefront. "We admire EISI's expertise and demonstrated ability to deliver and support tailored solutions that have made them the technology partner of choice in the financial advisory industry. We look forward to combining our capabilities to support our clients' ever-evolving business needs," said Bill Haack, founder and CEO of Zywave. "Zywave's proven track record as a highly regarded innovator and commitment to advancing next-generation financial planning technology for advisors and their clients make it the ideal partner to build on EISI's 20-year legacy," said Dr. Mark Evans, founder and CEO of EISI. More information: www.zywave.com www.eisi.com ((Comments on this story may be sent to [email protected])) |