2nd Shareholder Lawsuit Against Bisys Announced

The law firm of Milberg Weiss Bershad & Schulman LLP announced that a class action lawsuit was filed on May 27, 2004, on behalf of purchasers of the securities of the Bisys Group, Inc.. between October 23, 2000 and May 17, 2004, inclusive, seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act"). A copy of the complaint filed in this action is available from the Court, or can be viewed on Milberg Weiss' website at: http://www.milbergweiss.com. The action is pending in the United States District Court for the Southern District of New York, against defendan...