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NEW SALES MANAGER AND EXPANSION OF IRISH SALES TEAM FOR TELEKURS (U.K.) LTD

8 November 2004

Heetesh Rawal has been appointed as Sales Manager for the UK subsidiary of Telekurs Financial, one of the world’s leading suppliers of financial information and IT services. In this position, he will be responsible for developing new business in the UK market.

Rawal joins from Moneyline Telerate where he held the position of sales manager for 8 years. Prior to that, he was operations manager at Opentrade Technologies.

Also joining Telekurs Financial is Jerome Hoffman, who has been appointed as Business Consultant in the Dublin office. Hoffman joins from FT Interactive Data where he worked both in the London and Dublin office as sales executive. He joins a team of three at the Telekurs Financial (Ireland Branch) that opened two years ago.

‘With these new appointments, Telekurs Financial is well placed to continue its growth and expansion in the UK and Irish market.’ said Beat Koch, CEO of Telekurs (U.K) Ltd. ‘They bring with them excellent knowledge of the industry and sales expertise, which will support our business goals dedicated to providing flexible, innovative and high quality services to the market.’