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Relegence Expands into EMEA

Relegence extends its global reach with launch of London office and appointment of industry experts from Telerate and NewsEdge

LONDON — 10 January, 2006 — The Relegence Corporation, the de-facto provider of real-time automated intelligence to the financial services industry, today announced its expansion into EMEA with the launch of its European headquarters, in London. To spearhead the new office, Relegence has appointed two experienced executives: Joanna Parr, vice president sales and Katharine Barton, account manager, EMEA. Barton and Parr are located at: 16-18 Monument Street, London, EC3R 8PD.

Joanna Parr, a former UK and European director at NewsEdge Corporation (acquired by Thomson Financial), brings to Relegence over 10-years information industry experience, predominantly in knowledge management and information distribution in the financial and pharmaceutical sectors. Additionally, Parr has held sales and marketing roles at Thomson Financial, MAID and Dialog Corporation. Parr is responsible for driving new business opportunities in EMEA along with securing strategic partners for Relegence with key information organisations.

Katharine Barton most recently held the role of global product manager for technical analysis at Telerate. Prior to Telerate, Barton held client facing roles at Bridge and ADP. With over nine years financial services experience, Barton is well equipped for her role at Relegence. The role will encompass: day-to-day account management, generating product and company awareness and sales training.

"The opening of our London office signifies Relegence’s commitment to our EMEA customers and prospects," said Bob Grant, senior vice president of Relegence. "London is a key hub for financial services activity and with our dedicated UK sales and marketing team, we are now better situated to address the issues faced by regional financial institutions. Both Joanna and Katharine have highly relevant backgrounds for our business and have already established exciting relationships for Relegence in EMEA. Working closely with our management and technical teams in New York, we anticipate an active year for our EMEA team, which will include significant customer wins."

Grant continues: "We have been pioneering the use of search technology as a business tool for financial services firms in North America for over six years. Our launch into EMEA will continue this transformation of how institutions receive and manage information. With Relegence’s artificial intelligence based, customisable technology, we help firms to access the business critical information needed to get a head-start on competitors. Relegence is fast becoming the foremost business and financial search engine for retrieval, monitoring and integration."

Relegence currently has offices in the New York, Tel-Aiv and London. Relegence is strategically positioned to serve both global buy-side and sell-side firms.