DST Retirement Solutions Hires Top Industry Executive To Develop Web Solutions

KANSAS CITY, Mo., June 14, 2012 /PRNewswire/ -- DST Retirement Solutions®, a leading provider of flexible retirement plan outsourcing solutions to financial services organizations, today announced that Andy Jordan, former COO of Makibie Corporation, has joined the firm to lead its digital strategies, which includes web and mobile development teams.

Mr. Jordan's focus will include executing DST Retirement Solutions' strategy for evolving existing platforms to be more outcome driven and action-oriented and developing new web and mobile strategies along with the firm's product organization.

He will report directly to Frank LoMedico, Chief Information Officer for DST Retirement Solutions.

"Andy brings a wealth of knowledge and broad experiences to his position that will help us determine and manage our Web solutions for DST's clients," says Mr. LoMedico. "I'm excited he is joining our team and look forward to his contributions to strengthening our business relationships."

In his previous role as CEO for Makibie Corporation, a leading interactive services firm, Mr. Jordan worked extensively with DST Retirement Solutions in the redesign of its plan sponsor and participant websites. 

"We're excited about Andy's expertise in the Web space," says Mr. LoMedico, "His skills will be invaluable in helping our clients keep pace with the ever-evolving technologies.

DST Retirement Solutions, a wholly-owned subsidiary of DST Systems, Inc., offers one of the industry's broadest arrays of high value retirement plan servicing options for financial organizations distributing and serving their customers' retirement needs.

About DST Retirement Solutions, LLC

DST Retirement Solutions offers one of the broadest arrays of high-value retirement outsourcing solutions for financial organizations distributing retirement investment products and serving their customers' retirement needs. Financial service companies, such as mutual funds, banks, insurance companies and third-party administrators, benefit from our flexible service model that utilizes an end-to-end technology solution and provides support for financial intermediaries. Servicing 4.5 million participants, DST Retirement Solutions supports any plan size and investment vehicle. DST Retirement Solutions is a wholly-owned subsidiary of DST Systems, Inc.

The information and comments in this press release may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST's views as of today, and actual actions or results could differ. There could be a number of factors, risks, uncertainties or contingencies that could affect future actions or results, including but not limited to those set forth in DST's periodic reports (Forms 10-K or 10-Q) filed from time to time with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking statements. The Company undertakes no obligation to update any forward-looking statements in this press release to reflect future events. Brand, service or product names or marks in this press release are trademarks or service marks, registered or otherwise, of DST Systems, Inc., DST subsidiaries or affiliates, or third parties.

SOURCE DST Retirement Solutions, LLC