June 9, 2003−Bala Cynwyd, PA−FXpress Corporation, a leading provider of treasury risk management software, announced today a recently forged strategic business alliance with EuroNetting, the leading global supplier of multilateral netting systems.
Under the terms of this alliance, FXpress will sell, market, license, install and support EuroNetting’s products in North America, including EuroNetting Online, the recently released web-based version of the company’s signature product that is delivered over the Internet as an ASP service. The addition of EuroNetting products will compliment the FXpress product line and further enable the delivery of comprehensive, best-of-breed technology solutions.
"FXpress is pleased to sell and support products from EuroNetting, a company with a stellar reputation for providing market-leading treasury solutions," said Bob Richardson, managing director of FXpress. "The addition of EuroNetting’s expertise in the multilateral netting field will allow FXpress to enhance the comprehensiveness of our risk management solutions and better serve our growing customer base."
"EuroNetting is honored to have our name linked with FXpress, a corporation with an outstanding reputation for providing effective solutions and attentive customer support," said Nigel Cripps, president of EuroNetting.