Virgil Appoints Floris van Tol as Director Sales & Business Development

Amsterdam, January 12, 2006— Virgil B.V., a global provider of dynamic financial portal products for the financial services industry, announced the appointment of Floris van Tol as Director Sales & Business Development.
Rein de Haan, CEO of Virgil comments, "Floris brings tremendous drive, energy and substantial operational and commercial experience to Virgil, having run a variety of international operations in the software industry during the last 15 years as Product Manager, Sales Manager, Managing Director and VP Sales & Business Development."

Floris van Tol has attained success at a wide range of software companies. As sales manager at Exact Software Mr. Van Tol steered the international sales team and held responsibility for international corporate accounts. During his tenure at Astea International Mr.

Van Tol oversaw the Benelux sales and service operation as Managing Director. More recently he has acted as VP Sales & Business Development at MarketXS.

Floris van Tol comments, "Through its 9-year history, Virgil has established a credible reputation in the financial service industry. I have come on board to lead the organization with an aggressive growth strategy. Besides expansion of our activities in the Benelux and partnerships, like we have with IBM, we will also focus on internationalization through a reseller channel."

"Floris’ appointment is part of our transition program to migrate from a project organization with a technology focus to a product organization with a customer focus," continues Rein de Haan, "and will now lead the further growth of the company. We are delighted to welcome him to the team."

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