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Princeton Financial Systems Adds Tony Lotharius as new Sales Director and Opens Office in Irvine, California

Princeton, USA (December 13, 2005) – Princeton Financial Systems announced the addition of Tony Lotharius as its new Sales Director for the Western US market. Mr. Lotharius will be based in Princeton Financial’s new sales office located in Irvine, California. The addition of Mr. Lotharius and the new Irvine office marks the response to the growth Princeton is experiencing in the Western United States.

Mr. Lotharius has extensive experience in the investment management and systems business, having previously held roles in investment operations and at investment software vendors. Most recently, Mr. Lotharius was responsible for sales at Investran, a partnership accounting vendor. Prior to that Mr. Lotharius held sales, implementation, and support roles at Indata.

"I am delighted to join such a talented and well respected organization as Princeton Financial Systems," commented Mr. Lotharius on joining the firm. "Combining superior functionality and modern standards-based technology, the solutions and services from Princeton Financial are trusted by many of the biggest names in global financial services. I look forward to contributing to our clients’ success."

"The decision to expand our presence in California reflects the high level of activity that we are seeing in the Western United States. Tony’s skills and experience will greatly enhance our ability to serve the institutional investor community in this part of the country," says Lorne Whitmore, Princeton Financial Systems’ Vice President, Global Sales & Product Management.