Relegence appoints Larry Joyce, Senior Vice President of Products

New York & London - 28 March 2007

Relegence appoints Joyce to further develop product suite and drive international business strategy

The Relegence Corporation, the de-facto provider of real-time automated intelligence to the financial services industry, today announced the appointment of Larry Joyce, Senior Vice President of Products, based in Relegence’s New York office. In this capacity, he will assume responsibility for the current Relegence product suite and all future product developments.

Joyce, the former Executive Director, North American Product Development, Dow Jones Newswires brings over 15 years information industry experience to Relegence. He was leader of Dow Jones Newswires’ overall market segmentation strategy and product development for North America. Prior to Dow Jones, Mr. Joyce spent 14 years with IBM, where he held a variety of sales and product management positions. These included leading IBM sales at the largest global investment banks and media companies.

Larry’s primary focus with Relegence, a wholly owned subsidiary of AOL, will be to further build on the relationship Relegence has with the major financial institutions on Wall Street, as well as leveraging its cutting-edge technology through new product suites under the AOL umbrella. The incorporation of real-time content and the publishing capabilities offered by Relegence’s information infrastructure will provide a solid basis for the planned product development.

“I’m delighted to join Relegence at this exciting time,” said Joyce. “I believe my experience and knowledge of financial industry content and technology requirements can augment what Relegence already has in place, and further leverage our strategic alliance with AOL.”

“We remain committed to the development of the product suite and the growth of our business globally and Larry is key to this,” said Steve Fadem, CEO, Relegence. “With his appointment we can capitalize on potential revenue expansion plans. His experience and understanding of both the technologies and markets in which we focus will prove invaluable to Relegence.”

Relegence currently has offices in New York, Tel-Aviv and London, strategically positioned to serve both global buy-side and sell-side firms.

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