OpenLink Expands Efforts in Financial Markets Business Mark Sappol Joins OpenLink as Global Director of Findur

London, United Kingdom - 13 March 2007

Businesswire/ OpenLink, a leading provider of cross-asset trading, risk management and operations processing software solutions – announced today their plans to expand and accelerate all business objectives relating to its capital markets franchise with the appointment of Mark Sappol.

Mark Sappol joins OpenLink with a wealth of senior management experience within the capital markets arena. Having spent five years at Misys plc, Sappol was responsible for the direction of customer support and consulting services. Sappol’s executive management experience also includes previous positions as the head of pre-sales at Smartstream Technologies Ltd., and managing director at entory (UK) Ltd., where he was responsible for providing business and IT solutions to the banking and brokerage marketplace. Mark Sappol is now the Global Director of Findur, OpenLink’s cross-asset, front-, middle-, and back-office solution for capital markets.

Commenting on his appointment, Sappol mentioned, “OpenLink is so well known as the premium energy solution vendor – with its Endur suite – that I was in fact a little skeptical about the opportunity initially. But after I had a chance to review the product, I was shocked at Findur’s capabilities, from its comprehensive instrument coverage, including many leading-edge products like advanced credit derivatives, cross-market hybrid/structured products, insurance bonds, etc.; TraderDesktop, a new, adaptable trade capture facility; Active Position Manager, an interactive, near real-time position management tool; OpenComponent, a Java-based development tool for clients; Trade Processing Management (TPM), a new workflow/STP framework that is years ahead of the competition; to its Grid back-end that supports dynamic resource allocation and runs all client-developed OpenComponent Java applications and many others! Not to mention the technology investment the company is making, which is heads and shoulders above others. Well, the decision turned out to be very easy for me, and I look forward to unlocking this ‘best-kept secret’ that is Findur.”

“OpenLink is focused and consistent. We focus primarily on our customers’ requirements and the fast-changing market developments. And we are very consistent in our investment/development approach. We have never lost focus on the capital markets business, despite our success in the commodities space, and we have leveraged this success to provide needed investment in our Findur solution team which has grown significantly over the years,” commented Kevin Hesselbirg, OpenLink’s COO. He continued, “Expanding our leadership team with Mark’s expertise and experience will further refine our focus on this important business line.”

“OpenLink has grown rapidly over the last few years and we have clearly established ourselves as the leading energy solution vendor and getting stronger, we would like to execute a similar strategy for our Findur franchise. Since our focus on and investment in capital markets have grown accordingly, we are very confident that Findur is well positioned for new market opportunities and the up-and-coming replacement cycle in capital markets,” said Coleman Fung, OpenLink’s CEO. “And we are very excited to work with Mark on this strategic effort!”

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