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Rhyme Systems Appoints New Business Sales Executive

London, 4 July 2005: Rhyme Systems today announces the appointment of Mark Naylor as New Business Sales Executive.

Rhyme specialises in helping buy-side investment firms unlock the hidden value of the back-office. Rhyme's customers include Barclays, Jupiter, Rathbone, Brewin Dolphin and Coutts.

Following positions at Thomson Financial and Financial Models Corporation, Mark will be focusing on New Business Sales in the Asset Management Sector, selling Quasar-related products and market initiatives. A law graduate, Mark has a Masters Degree in Securities Regulation from Cambridge University.

Steve Young, Director of Rhyme Systems, said: "Mark's appointment highlights our confidence in the market and the belief in our own ability to bring on board new clients."

Mark Naylor commented: "I am delighted to join Rhyme to establish this new position. My main objective over the next 12 months will be to introduce new clients to Rhyme and I am looking forward to the challenge."