FXPRESS RELEASES ENHANCED FX EXPOSURE MANAGEMENT SYSTEM. FXpress 6.5 Offers Additional Functionality In Many Key Areas Of Risk Management

BALA CYNWYD, PA-March 24, 2004-FXpress Corporation, a leading provider of treasury risk management software, today announced the release of Foreign Exchange by FXpress 6.5, an enhanced version of its market-leading treasury management system for foreign exchange exposure management.

FXpress is the industry's leading fully integrated exposure management, contract trading, back office and accounting system. The latest release, Fxpress 6.5, builds on the strength of previous FXpress systems by offering even more support for easy, efficient FAS 133 accounting. FXpress 6.5 also features an expanded product line, including NDFs; additional "electronic confirmation" capability with a CLS interface; improved credit limit functionality; and additional reporting functions.

"The release of the latest version of our flagship product, Foreign Exchange by FXpress, represents another step in the direction of becoming the most comprehensive, deeply integrated treasury management system on the market today" said Jim Gilbert, director of business development and operations at FXpress. "We will continue on our mission to build the perfect TMS for today's corporate treasurers as we consult with our user community on the issues that are most important to them."

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