Fundtech Reports Appointment of Yaffa Krindel to the Board of Directors

JERSEY CITY, N.J.--Feb. 18, 2004--Fundtech Ltd. (NASDAQ: FNDT), a leading provider of global electronic payment, settlement and cash management solutions, today announced that it has appointed Yaffa Krindel, a partner in the Hertzelia, Israel office of STAR Ventures, a private venture capital partnership headquartered in Munich, Germany to Fundtech's Board of Directors.

Ms. Krindel joined STAR Ventures in 1997 as the managing partner of STAR Ventures in Israel. Before joining STAR Ventures, between 1992 and 1996, Ms. Krindel served as CFO and VP Finance of Lannet Data Communications Ltd., then a publicly traded company on NASDAQ, (now Avaya Inc. - NYSE: AV) a leader in data
communication systems for the enterprise market, then located in Tel Aviv.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development