Matt Digby Joins Xcitek as Senior Business Analyst for XSP™ in Europe

London, UK, 6 February 2006 - Xcitek, the leading global provider of market data, Corporate Actions software and staffing solutions, announced today that Matt Digby has joined the company as Senior Business Analyst for its flagship software solution, XSP™. His responsibilities will include business requirements gathering, product development, product demonstrations, client training and involvement with market-driven initiatives. Based in London, Digby will also support implementations for XSP’s growing client base in Europe.

Digby brings 18 years of experience in the financial markets. Most recently, Digby was Head of Asset Servicing at Mizuho International plc, where he was responsible for managing its Income and Corporate Actions operations for the custody and broker/dealer businesses. An active participant in market practice groups, Digby’s prior roles were front and back-office positions at various financial institutions including IBJ International plc, Banque Nationale de Paris, Banque Paribas and Bank of America NT&SA.

Neil Sheppard, Chief Operating Officer, XSP Europe at Xcitek, said, “Matt comes to us with a wealth of business and industry knowledge, specifically in the area of Corporate Actions. His first-hand experience will contribute significantly to understanding our clients’ needs and delivering solutions that maximise operational efficiencies in the processing of Corporate Actions. Combined with the great team we already have in place, Matt’s appointment signals the continuing global growth of XSP as well as our commitment to enhancing our clients’ experience, particularly during a time when we are seeing an increasing demand for proven Corporate Actions processing solutions.”

Brendan P. Farrell, Jr., Managing Partner at Xcitek, commented, “Xcitek is expanding rapidly on a global scale. Our investment in people and technology demonstrates our ongoing efforts to provide our clients with the highest level of service and the best quality of product. Matt will further add to the knowledge and expertise of the XSP European team as we move forward in aggressively growing our client base. We welcome Matt to our organisation and look forward to his contributions.”

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