Stockholm, Sweden - 11 February 2008

SkySparc, the leading provider of complementary products and services to Wallstreet Suite, today announced that Thomas Bergqvist has joined the company, as a major shareholder and partner. Bergqvist, together with SkySparc's founder and CEO Mattias Sandström, will lead the company in building on SkySparc's growth and success to date. The company saw revenue increase by 50% in 2007 and has plans for further expansion.

Mattias Sandström, founder and CEO of SkySparc said: "I am delighted that Thomas has joined [SkySparc], his in-depth industry knowledge and extensive senior management experience, in addition to a successful track record in global sales and marketing, will make significant contributions to SkySparc's future growth."

Bergqvist worked at Trema for seven years and was instrumental in building the company's success in the global treasury market. During his tenure as CMO, Trema grew its revenues and client base significantly and cemented its position as the undisputed global leader in treasury software. Trema was successfully acquired by Wall Street Systems. Prior to Trema, Bergqvist held management positions within the trading arms of ABN AMRO and Handelsbanken Markets.

"SkySparc is 100% dedicated to Wallstreet Suite and we will continue to build on the close relationship with Wall Street Systems," said Bergqvist. "Still today, we see most clients struggling with their regulatory reporting using a high degree of manual labour. There is huge potential to make the reporting more automated and increase quality," commented Bergqvist. SkySparc is continuing to develop SkyREPORT, its reporting tool that seamlessly integrates with the Wallstreet Suite and gives access to the whole system with the ease of Excel. "I am positive that we will see more clients using this powerful tool and [SkySparc] is looking forward to exciting product news in the next few months," added Bergqvist.

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