14 August 2007

Corero is pleased to announce that further to its announcement on 3 July
2007 regarding an order for licences and services for the Radica CAPS product from a major investment banking customer, it has won a £325,000 additional order for professional services from the same client.

In partnership with the customer, Corero will significantly enhance the functionality of its Radica CAPS product to introduce extensive income event processing and related features, further establishing Radica CAPS as a leading corporate actions processing system.

"This order indicates the faith that our customers have in our ability to continue to provide high quality skills and services to support their business improvement projects", commented Mark Robertson, Managing Director of Corero’s Financial Markets division.

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