XRT Receives Top Ranking from European CFOs and Corporate Treasurers

San Antonio, Texas, Oct. 11, 2005 (AFP Annual Conference) - European CFOs and Corporate Treasurers named XRT the top treasury services provider in the 2005 European Treasury Survey conducted by Treasury Strategies, Inc. Survey results are published in the October issue of UK-based FX&MM Magazine.

The survey measures industry penetration levels of individual treasury software products from various providers. In total, 505 European corporate treasurers and CFOs were interviewed to acquire these results.

Respondents ranked XRT first in treasury workstations and bank account reconciliation systems, and second in netting systems, financial risk and management, and F/X execution systems. As a result, XRT ranked number one overall.

"This is a testament to our commitment to provide our customers with exceptional products and services," said XRT CEO, Bruno Joseph. "We are extremely happy with the results of the survey conducted by Treasury Strategies. More so, we are pleased that our work is held in such high regard by many of the world's top financial minds."

XRT has also been named to Software Magazine's 2005 Software 500 list. According to the magazine, the 2005 Software 500 results reflect shifts in the U.S. and world economies towards companies offering integration services and software as a service, with the most successful companies concentrating on higher degrees of automation and customer self-service.

Finally, John Alarcon, general manager of XRT North America, has been named to Global Finance's "Who's Who in Finance 2005," which appears in the September 2005 issue. The award recognizes Alarcon as a leading international authority on information technology and financial services.

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