Financial Objects announces new contract win in Wealth Management division

London - 15 October 2007

Financial Objects plc, an international supplier of software solutions for the banking, wealth management and energy sectors, (AIM: FIO), is pleased to announce that it has won a contract to implement its wealth management software with Sand Aire, a UK-based multi-client family office specialising in strategic wealth management for families, trusts and charities.

activebank Wealth Manager will be used by Sand Aire to enhance its portfolio management and client reporting capabilities. The software provides a scalable, flexible and cost-effective platform that will support Sand Aire's future growth plans.

Commenting on this contract win, Gary Linieres, managing director, Wealth Management Division, Financial Objects stated:
"We are delighted to announce this deal which was won due to our industry expertise, leading software and proven track record. We look forward to working with Sand Aire and providing them with our high quality service."

Paul Reynolds, director, Wealth Management, Sand Aire added: "Having a robust but flexible system is essential to meet the needs of our clients. We believe that Financial Objects can deliver this and add to our unique client proposition."

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