John Cowley joins Singularity as Finance Director

Derry – 6 September 2006

Singularity today announced that John Cowley has joined the Company in the role of Finance Director. “John’s combination of successful corporate development experience and extensive financial management skills will help fuel Singularity’s next stage of growth.” said Padraig Canavan, Managing Director. “I am delighted to welcome so seasoned a professional as John to Singularity’s senior team,” he added.

A law graduate and chartered accountant, John has held senior finance leadership roles in private growth-stage companies, publicly-quoted enterprises and government institutions focused on economic development. Previously, John worked with CITB, Medisys, Schlumberger and a UK Government Corporate Finance body. He serves as a non-executive director on the Audit Committee of the Special European Union Programmes Body.

“This is an exciting time to be joining Singularity as the Company pushes forward to achieve a next level of successful growth,” remarked Cowley. “The Company already has an impressive record of achievement, a blue-chip client list and a proven set of products and services – I look forward to contributing to its further expansion.”

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