FundWorks continues global expansion – opens an office in

21 February 2007

FundWorks has continued its global expansion plans by opening an office in Sydney Australia, covering the Asia Pacific region.

Paul Lumsden, Global Head of Business Development, said, "our decision to establish a presence in the Asia Pacific region demonstrates our commitment to become a truly global software solutions provider.

FundWorks is an exciting industry success story experiencing dramatic growth in the provision of enterprise client reporting/communications solutions and services for institutional and retail asset management. We continue to attract and build one of the most motivated and highly regarded teams in the asset management industry. Our key focus is on our client relationships, high calibre team and leading edge solutions suite.

There is an unprecedented drive and determination within the company to be the global market leader in our field."

Jonathan Hicks, General Manager of FundWorks Pty Ltd, comments "I'm delighted to be joining the FundWorks team and look forward to rapid market take-up as has occurred in UK. Everything about FundWorks is first-rate. The people are experienced and highly motivated and have developed market leading software solutions. The opportunities we see in Australia and the wider Asia Pacific markets are enormous."

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