BISYS Broadens Relationship with Morgan Stanley

May 6, 2004 (—Morgan Stanley announced BISYS will provide support and turnkey services to 401(k) plans sold by Morgan Stanley's financial advisors.

The turnkey service is in addition to the support provided currently to Morgan Stanley’s Individual(k) plans.

Morgan Stanley will use BISYS’ platform that will include prototype plan design and maintenance, plan administration, forms and documents, customized marketing and sales support materials, reference resources, toll-free access to industry expertise and assistance,extensive Web and interactive voice response (IVR) inquiry capabilities,Web-based planning tools and content, and staff training and development.