Graham Bright succeeds Alberto Fontana as new Managing Director of Financial Tradeware plc

London - 13th September 2006

Also appointed to board of directors for Financial Tradeware (Suisse) SA.

Financial Tradeware, provider of Portfolio and Fund Management Straight Through Processing (STP) solutions for investment managers, fund managers and hedge funds, today announced the promotion of Graham Bright to the role of Managing Director, Financial Tradeware plc. His new role also encompasses Financial Tradeware (Suisse) SA, based in Geneva. Former Managing Director, Alberto Fontana retires after 9 years heading up the IT services company.

Graham joined the company in 2005 as Head of International Sales, after a 20 year career with SWIFT. Following the retirement of Alberto Fontana and his return to Italy, Graham takes up the new position effective from today, based in London.

"This is a great honour for me," commented Bright. "Alberto has done an excellent job of establishing the company, ensuring our products and services are well positioned in the market and that our clients have a positive experience with our technology and our support. With the challenge of taking the company forward, expanding our client base, increasing our business partner relationships and ensuring we maintain the high level of product development I am naturally delighted to take over the reins at Financial Tradeware. I have inherited a fine team here in London and Geneva and look forward to the future with a great deal of enthusiasm."

Gianfranco Lande, CEO of the Dharma Group, owners of Financial Tradeware adds, "We acknowledge the great steps forward made by Alberto Fontana and wish him great success in all his ventures for the future. Graham has made a very positive contribution to our company, his professionalism, experience and excellent managerial skills has given us the confidence to promote him to this new role. On behalf of the entire company I extend congratulations to Graham and have every confidence that he will continue to make a real and positive difference to Financial Tradeware."

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