Xcitek Promotes Richard Yosua to Director of Data Sales

New York, NY, April 11, 2003 – Xcitek, the industry leader in corporate actions data, processing solutions and temporary staffing, announced the promotion of Richard Yosua to Director of Data Sales.

Mr. Yosua joined Xcitek in February of 2002 after over 30 years at FT Interactive Data as Director and Vice President of Data Operations. At FT Interactive Data, he was responsible for supporting the fixed income and equity product lines. Mr. Yosua played a major role in the development and implementation of municipal descriptive and pricing services. He also worked at Standard & Poor’s, where he sold its retail electronic data products and managed relationships with third-party redistributors.

"Rich brings a wealth of experience from the securities processing data business," said Brendan P. Farrell Jr., Managing Partner of Xcitek, "and will be responsible for the sales of all of Xcitek's data products, including Xcitek corporate actions, XcitekCostBasis (XCBâ„¢), and Xcitek.com."

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