Daniel Villardi Sr. Joins Xcitek® as Account Relationship Manager for XSP™

New York, NY, March 27, 2006 - Xcitek, the leading global provider of market data, Corporate Actions software and staffing solutions, announced today that Daniel Villardi Sr. has joined the company as an Account Relationship Manager for its flagship software solution, XSPâ„¢. In this position, Villardi will provide relationship management to post-implementation North American clients of XSP, playing a key role in building relationships by managing the ongoing exchange of information regarding client requirements and initiatives and proactively assessing product development priorities.

Based in New York, Villardi will report to Frank Piraino, Senior Vice President of XSP Client Relationship Management and Sales Operations.

“Dan’s knowledge and background in securities operations – specifically in corporate actions – will be a great asset to Xcitek as well as our valued clients,” said Piraino. “His understanding of the day-to-day operations and best practices of corporate actions processing will further enhance our clients’ experience with XSP. We welcome Dan to Xcitek and look forward to continuing to build our Company with talented and experienced professionals, to support our growing global client base.”

Villardi joins Xcitek from The Bank of New York, where he was Corporate Actions Specialist responsible for end-to-end processing, from data capture through to entitlement management. As Corporate Actions Supervisor at Mizuho Trust & Banking Co. (USA), his responsibilities included the implementation of Operational controls and procedures to reduce risk and increase efficiency. Villardi also played a critical role in addressing ISO requirements for Mizuho. Prior to this, Villardi held various operational roles at Industrial Bank of Japan Trust Co., IBJ Whitehall Bank & Trust Co., Bankers Trust Company and Fiduciary Trust Company International.

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