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- Providing 70 jobs -


21 November 2001 - Walker Interactive Systems, Inc. (OTCBB:WALK), a global provider of e-business solutions for the enterprise, today announced its latest expansion plans. Following the acquisition of the intellectual property and certain consulting services of QSP, (the Newcastle-based former provider of financial systems to global 2000 companies), Walker is fulfilling its commitment of supporting the ex QSP clients by opening operations in the North East, and recruiting the skills of ex QSP senior management, consultants, development, customer support and other professionals.


Three senior former QSP people have been appointed as Directors of Walker to manage this integration going forward. This is in anticipation of yet further expansion, having already recruited 70 employees.


Keith Milton becomes Finance Director, Dean Dickinson takes on the role of Professional Services Director for all Walker Professional Services, and Jim Morley becomes Director of Integration. All are former QSP senior management. They are joined by regional Account Managers, customer support, development and consultancy staff, most of whom are based at Walker's newly opened Gateshead office.


"Walker has planned for healthy, steady growth at a time of general economic slowdown. We see strong synergies and opportunities in recruiting some of the industry-recognised business and project management skilled individuals of QSP as we continue the development of QSP applications," said Roger Llewellyn, EMEA Managing Director of Walker.


Walker's growth is fuelled by its strategy of collaborative-based commerce applications taking business processes beyond the four walls of the enterprise. These applications - which include Walker e2 Collaborative Commerce - work efficiently in environments with hybrid applications and technologies. The newly acquired products endorse the collaborative commerce strategy. A Walker roadmap will ensure new release dates and enhancements for these products.


Llewellyn said: "We fully expect to manage the integration of our new business, and will ensure the success of our new customers as we integrate the expertise they need into our organisation. The commercial advantages are compelling and we are steadfast in our commitment to deploying an expert team to produce the ROI our customers demand."


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About Walker

Walker Interactive Systems, Inc. (OTCBB:WALK), headquartered in San Francisco, California, is a leading, global provider of e-business solutions for the enterprise. The Walker family of e-business applications and vertical industry solutions, combined with integration and consulting services, are utilised by Global 2000 organisations in industries including banking and financial services, retail, transportation, and utilities.

More information about Walker is available at http://www.walker.com or 01296 432951.

For additional information contact:


Susan Morgan
Press Office
Walker
Tel. 01296 505253
Email: smorgan@walker.com


Clare Frost
Marketing Manager
Walker
Tel. 01296 432951
Email: cfrost@walker.com





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