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Telekurs Group Also Hosting Swiss Interbank Clearing and SIS Group

STAMFORD, Conn. – Oct. 5, 2004 – The Telekurs Group will host three companies at the Sibos 2004 conference from October 11-15 in Atlanta, Georgia, USA: Telekurs Financial, Swiss Interbank Clearing, and SIS Swiss Financial Services Group will be represented in stand K201.

Telekurs (USA) Inc., one of 20 Telekurs Financial operations located in 14 major financial centers around the world, will represent Telekurs Financial at this year’s conference. Representatives will be on hand to demonstrate the Telekurs Valordata Feed™ (VDF) and how financial institutions can take advantage of its world-class solutions for global security master data, cross-reference and global securities pricing.

Barry Raskin, president of Telekurs (USA), said: "Sibos is a very important industry event and we’re excited to be part of it again. The timing and location of this year’s event coincides perfectly with our recently modified distribution agreements that allow Telekurs to concentrate on servicing new American customers for VDF and our entire suite of securities processing products."

Telekurs VDF data is sourced and analyzed at the company’s data centers in 14 countries to provide unrivaled depth and coverage of global markets. Additionally, VDF is delivered in a fully structured, encoded format, providing the high degree of automation necessary to facilitate STP. In addition, corporate actions messages are available in fully compliant ISO 15022/S.W.I.F.T. MT 564 format.

Two of Telekurs Financial’s senior executives will participate in conference discussions: Karl Landolt, Member of Telekurs Financial’s Executive Committee and Head of Data Operations will participate in the securities conference session titled "Automation of Asset Services" on Tuesday, October 11. Additionally, Nourredine Yous, Member of Telekurs Financial’s Senior Management, in his role as the Chairman of ISO Technical Committee 68/SubCommittee 4, the group responsible for all ISO securities standards and especially for definition of the ISO 15022 messaging standard, will contribute to the Standards Forum: "How did we get to where we are?" session on Wednesday, October 13.

Joining Telekurs Financial at Sibos will be Swiss Interbank Clearing. As the central hub for interbank payments in Switzerland, it handles the SIC and euroSIC clearing systems for some 400 Swiss and international banks and financial institutions.

The SIS Group (SIS Swiss Financial Services Group AG) will also be represented at the Atlanta conference. SIS Group is an innovative full service provider for international securities trading, clearing, settlement and custody. The SIS Group comprises four subsidiaries: SIS SegaInterSettle AG, SIS x-clear AG, S A G SIS Aktienregister AG and SIS Systems AG.