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FinArch Receives Pair of Awards in Recognition of Outstanding Performance in 2005

Ghent / London – 3 May 2006 – Financial Architects (FinArch), international provider of Financial Studio®, the pre-eminent Finance Resource Planning (FRP) platform for the financial services industry, today reports that it has received two prestigious industry awards in recognition of sustained outstanding performance.

For the third consecutive year, FinArch received the Trends Gazelle 2006 award, distinguishing it among the top 50 of fastest growing medium-sized companies in the region that improve the entrepreneurial climate of and positively impact competitive position. Last year, FinArch ranked among the top 10 small companies and achieved a significant move up to the next category in this year’s results.

In addition, for the second consecutive year the Flanders Investment and Trade agency awarded FinArch the regional Lion of the Export 2005 in the category of ‘Best Performer’. This award goes to a Flemish company that has a proven track record in exporting but showed a superior export performance in the past year. The regional Lion of the Export is awarded after a stringent evaluation by a jury that looks not only at financial performance, but also at job creation, export strategy, sustainability and corporate governance commitment.

“FinArch is extremely proud to have received the Trends Gazelle 2006 and the Lion of the Export 2005 awards. The fact that we have been recognised for consecutive years, by independent juries, shows that we continue to raise our game in addressing the needs of the domestic Belgian and international global markets”, says Dirk De Beule, Managing Director at FinArch. “We are committed to a strategy of world-wide growth and to becoming the leading provider of finance and risk management solutions to banks and financial services institutions of all sizes.”