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Roy Staines – Former President of ADP-Wilco – to head up US operations for Coexis

LONDON-10 January 2005.-. Coexis, providers of process-oriented and rules-based software across the whole spectrum of commercial banking has announced the appointment of Roy Staines as managing director of US Operations.

Roy Staines was until recently ADP Brokerage Service Group managing director responsible for strategic accounts, and previously president of ADP-Wilco, an international subsidiary of ADP.

Commenting on his appointment, he said: "Coexis is leading a sea change in software technology which enables greater business agility for benefits to be realised in the short-term. That is something that is not often experienced with software projects in the banking industry which is why I am excited to join Coexis at this expansion stage of their development in the US."

"Having made ground-breaking progress with the implementation of our core technologies and software applications at leading institutions, we are embarking on a significant stage in our development with investment in our US operation. We are extremely fortunate to have someone with Roy’s experience and knowledge of the domestic and international markets assisting us at this important time," said Terry Williams, chairman of Coexis.