Tegrit Financial Group Offers Financial, Management Solutions for Public Sector

NEW YORK, Sept. 25 /PRNewswire/ -- Tegrit Financial Group, a private
venture capital firm focusing on innovative financial and management solutions
for the public sector, launched its Web site today, with an initial spotlight
on building state-of-the-art benefit administration systems.
In formally opening its Web site (www.tegrit.com), Tegrit Financial is
targeting public sector officials who are seeking new approaches to pension
administration, asset management and recordkeeping.
"Our products and services combine an entrepreneurial spirit with a
perspective deeply rooted in the public sector," said Stephen Garrow, chief
executive officer of Tegrit Financial Group. "Our goal is to deliver the
critical resources employers need to keep their programs at peak performance."
Tegrit Financial itself was launched earlier this year as a venture
capital initiative by the Municipal Employees' Retirement System of Michigan
(MERS) to offer other governmental entities the benefit of its own expertise
and bring innovative solutions to public sector financial issues. Through its
partnership with MERS, Tegrit Financial has a broad understanding of the needs
of the public sector.
"We are excited by the progress Tegrit Financial has made thus far in
building a new model for delivering services to the public sector," said Anne
Wagner, chief executive officer of MERS. "This unique private-public
partnership will bring much needed fresh thinking and entrepreneurial spirit
to the difficult issues facing our nation's communities."
Tegrit Financial has initially concentrated its resources on three areas:
Pension Services, Technology Solutions and Asset Management. As opportunities
arise, Tegrit Financial will expand its reach to provide products and services
to companies in the private sector.
The firm is especially pleased with the enthusiastic reception to its
Arrivos software, which is being marketed through its Tegrit Technologies
division. The software is composed of multiple modules and provides a
comprehensive administration platform for mid-size pension systems.
"We encourage the government community to visit our Web site and contact
us about how we can help leaders manage their responsibilities in this
challenging environment," Garrow said. "Our products and services will help
them keep pace in this fast-changing world."
SOURCE Tegrit Financial Group

Robert Barkin of Arkos Group for Tegrit Financial Group, +1-301-448-9645,
info@tegrit.com