Joint Venture enables jump-start for eXimius product suite on the German Wealth Management Market..

Mechelen, March 15, 2005 – Business Architects, the leading European Software Company that focuses on solutions for the financial marketplace, announces the foundation of ‘eXimius GmbH’. This newly founded company will be bringing the eXimius product suite to the German Wealth Management enterprise market.

eXimius GmbH is established by Business Architects International, as the provider of the eXimius business solution, and a number of senior German managers who gained many years of experience in the German Wealth Management market and the IT industry. The German operations will be lead from the Hamburg office and will further expand throughout Germany.

In order to achieve this goal the important process of localizing the eXimius suite has already been finalised. From version 4.1 onwards (release date half of February 2005) eXimius will be available as a localised German product.

"For Business Architects eXmius GmbH gives us the opportunity to really jump-start our German operations and embark this key market. The combination of the mature eXimius product suite coupled with the experience of our key German partners, make it a classic win-win set up," declares Franky Van Damme, CEO of Business Architects.

"With this joint venture set up we gain important time to market in one of the key countries within the European Wealth management market," adds Peter Schramme, Vice President of Investment Management of Business Architects. "We will gain extra momentum for the eXimius product suite after the successful launch campaigns in Belgium, Holland, Luxembourg, United Kingdom, Switzerland, Italy and Portugal." concludes Peter Schramme.

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