FNX Limited Strengthens its Taipei Office And appoints a new member to its Asian Client Services team

Philadelphia, Taipei, November 23, 2004 - FNX Limited (FNX), a leader in the delivery of technology solutions to the global financial markets announced today the appointment of Angela Huang as Head of the Taipei Office. Ms. Huang brings to FNX extensive experience working on a number of banking projects in Taipei and Hong Kong and most recently as Senior Consultant with Accenture. MS Huang will be reporting to Mark Bell, FNX’s Head of South East Asia Client Services.

FNX has become the safe choice of vendor throughout Asia by providing leading edge solutions, guaranteed delivery and crucially a local onsite support policy using experienced bilingual support staff. "This new appointment reinforces our commitment with our current clients in Taiwan and anticipates further expansion as we grow our market share. Our Taipei office provides our customers with Mandarin Chinese speaking personnel with local market knowledge to support their operations and better understand their needs", said Paul Gibson, FNX’s VP Business Development.

FNX has over eleven years of experience serving the Asian Market and today, it has a significant client base through out the region. "Our extensive experience in the Asian Market and our deep understanding of the needs of our customers in each country in the region, has allowed us to customize our solutions to fit the specific needs and regulations of tier 1 banks and regional banks in Japan, Thailand, Malaysia, Singapore and Taipei among others. We are pleased to have Angela working with us and I have no doubt that she will continue to grow our Asian client base as well as knowledgeably service our existing customers", said Mark Bell, FNX’s Head of South East Asia Client Services.

The Taipei office in conjunction with the FNX’s offices in Tokyo, Bangkok and Singapore is leading the Asian business development initiatives set by the company for the next few years.

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