BISYS announced the resignation of its current chief financialofficer, and his replacement, and discussed the company's financialpicture without releasing it's quarterly financial report as itworks on restating past results.

New York-based BISYS, which provides information services forthe insurance industry and is a major property-casualty insurancewholesaler, among its other financial services interests, releaseda statement saying it is still working to complete its financialrestatement.

The company said it expects the restatement will reducerevenues, income and earnings prior to 2004. The restatement willalso produce modest increases in 2004 and the first two fiscalquarters of 2005.

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