NFS BOOSTS SALES FORCE WITH SENIOR APPOINTMENT

- Director of Sales to support growing demand for NFS's services

London, 13th June 2002 - Nordic Financial Systems (NFS), the specialist financial system service provider, has recently appointed Kjerstin Hande as Director of Sales to support the increased demand for NFS's services including Treasury Support Center(tm), which was launched in May 2002.

Hande, who brings with her extensive experience in the financial IT industry across the globe, will be responsible for selling the benefits of NFS's services to those corporate treasuries that use complex system structures on a global level. Hande will concentrate on all regions but with a particular focus on the key financial centres. Hande comments, "The opportunities for NFS are vast and many corporate treasurers are now starting to understand the importance of having a clear technology structure that supports the overall goals of the treasury."

Prior to working with NFS, Hande was responsible for launching SEB Trading Station in Asia combining her role with senior relationship responsibilities. Hande also held a long-term post at ABB where she played a central role in designing the Norwegian regional treasury center before continuing with ABB AS Norway, managing corporate finance. Hande then headed the consulting Group in ABB Financial Services AS, Norway as a Senior Vice President.

Magnus Lind, President & CEO, NFS, comments, "Hande joins NFS with a wealth of experience that will help us to grow our user base in existing regions and expand into new markets. In particular, Hande will play a key role in sales following the recent launch of Treasury Support Center."

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