Selkirk Financial Technologies Adds Sun Life Financial U.S. to its Competitive Switch Program

Vancouver, BC, February 19th, 2004 - Selkirk Financial Technologies today announced the addition of Sun Life Financial U.S. to its growing list of new customers who have switched from a competitive system. Sun Life U.S. is the sixth company to switch from a competitive treasury system since the end of December.

After reviewing their options, Sun Life Financial purchased Selkirk's liquidity solution and intercompany functionality. With more than 15 years experience in the industry, Selkirk was able to demonstrate that they had both an exceptional product and the financial strength that Sun Life Financial was seeking.

"You can't assume that by continuing with the status quo, that you are utilizing what's best for your company," said Steve Stone, Sun Life Financial's Assistant Vice President, Treasury Operations and Capital Management. "The treasury and technology worlds are constantly evolving."

Lyndon Harvey, Senior Vice-President Global Sales and Services at Selkirk, added: "We are hearing more and more from companies who are looking for changes for various reasons. With our reputation for providing comprehensive treasury management solutions backed by exceptional services and a proven track record, we expect the list of converts to keep growing."

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