IMAGINE SOFTWARE AND QRMO ENABLE CONTINUING GROWTH FOR LOTUS ASSET MANAGEMENT

New York - 11 September 2007

Global software provider and regional consulting firm are a winning combination for superior risk management and operations

Imagine Software, a leading provider of on-demand trading, portfolio, and risk management solutions, and QRMO (Quality Risk Management & Operations Limited), a Hong Kong-based risk and operations consulting firm, today announced a collaborative project to provide Hong Kong-based Lotus Asset Management with comprehensive, state-of-the-art risk management and front-to-back business processes. Full production status is slated for the end of September.

Combining Imagine’s award-winning software and QRMO’s regional consulting expertise will enable Lotus to migrate smoothly from a legacy spreadsheet-based environment to a robust, institutional-grade infrastructure. The move is key to satisfying Lotus’ objectives of offering new funds and strategies to its investor base and maximizing “best practice” risk management and operations capabilities in light of today’s volatile markets.

Lawrence Lai, a director at Lotus, explained why Imagine and QRMO were selected. “Our experience in trading OTC equity derivatives proved the necessity for robust and scalable software and processes. Our growth objectives—plus the need to offer and support the strategy diversity today’s investors demand—mandated an integrated, real-time portfolio, risk, and back-office approach. A collection of piecemeal solutions was not realistic in terms of overall capabilities, cost, and support requirements.”

According to Angus Johnston, Imagine’s Asia-Pacific regional sales manager, “Our software plus QRMO’s outstanding business process, risk, and operations expertise provide for an implementation that will greatly expand Lotus’ capabilities and provide marked operational efficiencies.” He added: “The utilization of Imagine’s ASP service, Derivatives.com, not only allows the fast time-to-market every business wants, but provides all of the software, value-added data, and processing services Lotus needs for day-to-day operations.”

Albert Chiu, QRMO founding partner and co-director, remarked of the joint project: “We’re very pleased that Lotus, with its well-established and thriving funds, selected Imagine and QRMO to help drive its strategic plans for continuing growth and success. We’ll work hand-in-hand to deliver a wide range of customized reports, workflows, and processes for their risk management, middle- and back-office operational needs.” The leading-edge functionality and new capabilities, Chiu said, “will provide tangible competitive advantages.”

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