FXPRESS ANNOUNCES INTEGRATED RATES FROM REUTERS NOW AVAILABLE IN FIRST™

Optional Feature Provides FIRSTâ„¢ Treasury Workstation Users With Easy Access To Data

April 5, 2005 - Bala Cynwyd, PA - FXpress Corporation, a leading provider of treasury risk management software, today announced that market data from Reuters, the leading global information provider for professionals in the financial services, media and corporate markets, is now available as a fully integrated component in the ASP version of the FIRSTâ„¢ Treasury Workstation.

FIRST™ is FXpress’ web-based system for managing treasury risk associated with foreign exchange, interest rate and commodity portfolios. Users that choose to add the Reuters rate information component to FIRST™ will seamlessly receive accurate and timely market data for use with the system’s modeling tools, reporting and risk calculations. FIRST™ links to Reuters through a direct API, eliminating complicated technical issues normally associated with interfacing to a third-party system. Among the available data are various money and treasury rates, such as foreign exchange, spot forward and volatility rates.

"FXpress has been intently focused on making FIRSTâ„¢ a flexible, easy-to-use application that is fully integrated with the most cutting edge technologies and features," said FXpress Director of Business Development James Gilbert. "In partnering with Reuters, a global information provider with a stellar reputation for accuracy, timeliness and functionality in its product deliveries, we have moved one step closer to this goal."

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