Brainpower appoints new country manager

Brainpower (Frankfurt: BPW), provider of enterprise-wide investment analytics, attribution and decision-support solutions, announces the appointment of Alan Parmenter as UK Country Manager. Working from Brainpower's City office, Mr Parmenter will oversee the Company's Sales and Marketing efforts in the UK and Channel Islands. He reports to Jacques Pomaski, Senior Vice President.

Mr Parmenter joins Brainpower from Standard & Poor's Institutional Market
Services (IMS), the leading supplier of commentary, analysis and news to the
Fixed Income, FX, Equities and Derivatives markets. As European Managing
Director he was instrumental in the de-merger and re-structure of IMS, which
involved completely rebuilding the sales and marketing infrastructure. In
all, Mr Parmenter has spend eight out of the last ten years with Standard &
Poor's, with an interim period at the FT and Bridge Information Systems.

Earlier in his career, Mr Parmenter worked for Datastream International as a
sales executive and Electronic Data Systems as a systems engineer within the
Financial Services arena.

Jacques Pomaski, commented; "We have a cutting edge product suite that is
unmatchable in the market place. With considerable and valuable experience
in the Financial, IT and Business Information sectors, Alan is the right man
to meet the challenges ahead".

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