Finning International goes global with Selkirk's TreasuraT

Vancouver, BC, August 19th, 2004 - Selkirk Financial Technologies, a leading developer of financial management solutions, today announced that Finning International has joined the Treasura(tm) pilot program, the third major corporation to do so this month. Treasura is the world's first and only fully integrated, 100% browser-based treasury management suite, scheduled for full release this fall.

"Treasura matches what we are trying to do strategically, which is to develop efficient global treasury operations," said Shelley Williams, Finning's vice president, corporate treasurer. "The system is designed to support our processes."

"Not all organizations do business the same way," said Tom Morrison, Selkirk's vice-president products, "and that is why Treasura is designed to be easily configured to suit organizations' individual enterprise structures as well as flexible enough to adapt to the quick-paced changes in today's business climate. We believe these features are very important to companies like Finning."

As a 100% browser-based solution, Treasura enables users to manage treasury operations "anywhere, anytime" without any software downloads. "We know global accessibility is a function that treasurers need, but not at the expense of security," said Morrison. "Security and protection of data have been our foremost priorities from day-one."

"Security is an issue for us," said Williams, "and Treasura addressed our concerns. Our IT team gave it thumbs up and agreed it satisfied our standards and requirements."

Treasura has been built to meet the specific needs of individual companies and to adapt to their needs as they change over time. "We are now implementing Treasura in South America and afterwards it will be in the UK," said Williams. "As Finning grows, we will want to roll out Treasura throughout the world. Treasura looks to have the ability to grow with us as our company grows."

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