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BMO Financial Group Wins Prestigious International Six Sigma & Business Improvement Awards

TORONTO, October 30, 2008 – BMO Financial Group collected three Global Six Sigma & Business Improvement Awards at a gala presentation in Orlando, Florida on October 15th, including the Platinum Award for Most Outstanding Organizational Achievement, the top award from amongst all companies nominated in all categories.

The annual awards recognize companies from around the world for outstanding achievements through the deployment of business improvement programs.

These wins build upon the awards BMO received last year for Best Achievement of Integrating Lean and Six Sigma and Best Achievement of Six Sigma in Financial Services.

In bestowing the Platinum Award, international judges consider strategic relevance, value generation, customer benefits, innovation, implementation and leadership engagement. Judges characterized BMO's deployment as “one of the best integrated Lean Six Sigma implementations” and noted BMO's “excellent deployment within the financial category”.

BMO has successfully completed more than 295 projects and has generated significant productivity, processing and customer service improvements since introducing the Six Sigma program and Lean methodologies into its operations in 2005.

“I am very pleased with the financial benefits and breakthrough performance achieved by our Lean Six Sigma deployment to date. BMO has received an exceptional rate of return on its investment and these awards recognize the level of proficiency, value and results Lean Six Sigma is bringing to BMO,” says Karen Metrakos, Executive Vice-President, Operations, BMO Financial Group.

To learn more about The Global Six Sigma and Business Improvement Awards, visit: www.tgssa.com

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