NexJ Systems Teams with Winfund to Deliver an Integrated Private Cloud Solution

A hosted integrated desktop will be made available to Mutual Fund Dealers, Broker Dealers and Life Insurance Distributors across North America

TORONTO, Jan. 4, 2012 /PRNewswire/ - NexJ Systems Inc., (TSX: NXJ) a leading provider of next-generation enterprise customer relationship management (CRM) solutions and sixth fastest growing technology company in North America, today announced an agreement with Winfund, a top vendor of Wealth Management solutions for mutual fund and insurance distributors in Canada, which will help the company to deliver its solutions to businesses serving the Financial Services marketplace throughout North America.

Through this agreement Winfund will integrate a select set of NexJ's next-generation CRM functionality into its W.connect and W.insurance solutions to provide Winfund customers further value while maintaining a seamless user experience.  Customers will have the option of a private cloud solution hosted off-site or on-premise.  Both types of deployment will be provided on a subscription basis.

"NexJ is a recognized leader when it comes to innovation in the CRM industry and we are pleased to be able to leverage their award-winning technology in solutions that are designed specifically for the needs of our customers in financial services and insurance," said Laird Elliott, President and CEO, Winfund. "We believe this provides us with significant strategic advantage in new business opportunities and further provides our existing W.connect and W.insurance customers the ability to leverage additional functionality with their current deployment."

NexJ enterprise CRM solutions allow companies to understand more about the customers they interact with so they can make more informed business decisions and generate bottom-line results. Featuring industry-specific capabilities for financial services and insurance, NexJ brings together information about customers from multiple systems into a unified and comprehensive view of the individual. Companies use this people-centered view to develop and rapidly evolve innovative customer service strategies and become more competitive.

"Winfund customers represent some of the leading mutual fund and insurance distribution companies in Canada," said John Vincze, Senior Vice President, NexJ. "Our relationship with Winfund will allow us to further expand our sales channels and reach a new market segment by delivering our integrated private cloud solution as a subscription service."

About NexJ Systems Inc.

NexJ is a leading provider of enterprise private cloud software, delivering customer relationship management (CRM) solutions for financial services, insurance, and healthcare.  Our next-generation, people-centered software combines industry-specific functionality with information from multiple applications and data stores to provide comprehensive knowledge of the individual.

NexJ was founded by an executive management team with extensive experience in the successful design and delivery of large-scale, integrated, enterprise software solutions.  For more information about NexJ Systems call 416-222-5611, e-mail [email protected], or visit www.nexj.com.

About Winfund

Our solutions let brokers and dealers manage their business electronically by enabling all of the key steps in the financial processing life cycle—from managing prospects, investors and their portfolios to trading, commission processing and reporting, and analysis.

Founded in 1997, Winfund serves more than 100 mutual fund dealers and MGAs in Canada and is a wholly owned subsidiary of Mackenzie Financial Corporation. Whether they choose to apply Winfund software strategically on an enterprise scale, or leverage it as a single point solution to address key operational requirements, our customers use Winfund to better manage, monitor, and drive the successful performance of their business.  For more information visit www.winfund.com.

NexJ Forward-looking Statement

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on NexJ's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. NexJ's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see NexJ's securities filings with the OSC and other securities regulators. NexJ securities filings are available on www.sedar.com.  Unless otherwise required by applicable securities laws, NexJ disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE NexJ Systems Inc.