Financial Software Executive, Saul Stepner, joins Reval as Senior Vice President of Global Sales

New York, NY – February, 2006

Reval®, a global leader in financial risk management solutions and services, is pleased to announce that Saul Stepner has joined as Senior Vice President of Global Sales, reporting to Jiro Okochi, CEO and Co-Founder. Saul will be located out of the company’s Wall Street headquarters in New York City and will be responsible for expanding the direct sales team globally.

Saul has over 12 years experience in financial markets and financial software. Prior to joining Reval, Saul was Director of Hedge Fund Business Development at Traiana, Inc. where he helped expand Traiana’s reach into the Hedge Fund and Prime Brokerage markets. Prior to Traiana, Saul held senior sales roles at Zoologic, SunGard and Misys, helping to launch new verticals and businesses within the trading and risk management space. Prior to entering into the financial software space, Saul worked for Republic National Bank in their mortgage backed securities area.

“After an extensive search to find the right person who can help us continue to grow globally, we are very pleased to welcome Saul to the management team at Reval,” said Jiro Okochi, CEO and Co-Founder of Reval. “Saul’s strong background in successful solutions selling, plus his in-depth knowledge of the financial services markets will be a great addition to the Company.”

“I am excited to have the opportunity to help Reval scale its highly successful web-based treasury and risk management solutions business,” said Saul Stepner. “With the increasing pressure of financial controls and corporate governance, Reval is well positioned to help its clients’ role out their hedge strategies in compliance with global regulatory and accounting standards.”

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