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Cognotec announces new Director for Asia

London, 8th April 2002; Cognotec, the world’s leading provider of e-commerce foreign exchange trading services, has named Patrick Lim as Director of Business Development - Asia Region. He will be responsible for managing new and existing Cognotec clients in the region and will manage Cognotec’s operations outside of Japan and Korea.

Patrick comes to Cognotec from Standard Chartered Bank in Singapore, where he was most recently responsible for managing their global e-business. Prior to that, Patrick managed Standard Chartered’s Asia trading operations and corporate sales activities.

Commenting on his appointment, Patrick said: "I am pleased to be joining an innovative and progressive software organisation that is also a leader in the provision of web-based trading solutions. With its customer-focused culture and range of leading edge e-services, Cognotec is the right company in the right market at the right time."

"Patrick brings with him a wealth of experience in implementing e-commerce banking solutions which will enable Cognotec to further strengthen the delivery of its services to the Asian market place. I’m thrilled to have someone of Patrick’s calibre joining Cognotec," said John Beckert, President of Cognotec Americas and Head of Global Sales for Cognotec.