The BISYS(R) Group, Inc. to Provide Webcast of FY’04 First Quarter Earnings

<body.content> <block> <p>NEW YORK, Oct. 15 /PRNewswire-FirstCall/ — BISYS, a leading provider of business process outsourcing solutions for the financial services sector, todayannounced that a live simulcast and replay of its fiscal year 2004, first quarter earnings conference call will be available over the Internet. The live webcast and archived replay can be accessed onthe home page or the “Investor Relations” tab of BISYS’ Web site at http://www.bisys.com/. Click on the link “Fiscal Year 2004, First Quarter Earnings Webcast.”</p> <p>In addition,management’s prepared presentation, including the additional financial and statistical information planned for discussion during the webcast will be available on BISYS’ Web site prior to the webcast.This additional information also can be accessed from the “Investor Relations” tab of the <a>http://www.bisys.com/</a> home page.</p> <p>The webcast will begin at 8:45 a.m.EDT on Wednesday, October 22, 2003. Those wishing to listen to the discussion are asked to logon five minutes prior to the scheduled start time. An archive of the call will be available on the BISYSWeb site beginning at approximately 11:30 a.m. EDT on October 22, 2003.</p> <p>About BISYS</p> <p>The BISYS Group, Inc. <org idsrc=”dummy” value=”dummy”><alt-codeidsrc=”NYSE” value=”BSG”/></org>, headquartered in New York City, provides business process outsourcing solutions that enable investment firms, insurance companies, and banks to capitalizeon convergence by entering new segments of the financial services industry. BISYS currently supports more than 22,000 domestic and international financial institutions and corporate clients throughthree business units. Its Investment Services group provides administration and distribution services for approximately 370 clients, representing approximately 2,100 mutual funds, hedge funds,private equity funds, and other alternative investment products with more than $650 billion in assets under administration. BISYS’ largest group also provides retirement services to more than 17,000companies in partnership with 40 of the nation’s leading banks and investment management companies, and offers analytical research and competitive intelligence through its Financial ResearchCorporation (FRC) subsidiary. Through its Insurance and Education Services group, BISYS is the nation’s largest independent distributor of life insurance and the premier provider of the supportservices required to sell traditional and variable life, long-term care, disability, and annuity products. BISYS is also the nation’s third largest independent wholesale broker of commercialproperty/casualty insurance. This group complements its insurance distribution services with a comprehensive compliance management solution that supports insurance and investment firms andprofessionals with more than 215 certification and continuing education training courses, and a sophisticated suite of products and services that automates the entire licensing process. BISYS’Information Services group supports approximately 1,450 banks, insurance companies, and corporations with industry-leading information processing and imaging solutions, turnkey asset retentionsolutions, and specialized corporate banking solutions. Additional information is available at <a>http://www.bisys.com/</a>.</p> <p>Except for the historical informationcontained herein, the matters discussed in the press release are forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including but not limited to economic, competitive, governmental andtechnological factors affecting the Company’s operations, markets, services and related products, prices and other factors discussed in the Company’s periodic filings with the Securities and ExchangeCommission. </p> <datasource>BISYS Group, Inc.</datasource> </block> <block class=”contact”> <p>CONTACT: James L. Fox, Executive Vice President, Chief FinancialOfficer<br/>of BISYS Group, Inc., +1-212-907-6015</p> </block> <block class=”website”> <p>Web site: <a>http://www.bisys.com/</a> </p> </block></body.content>