FXpress Corporation Appoints Senior Executives

21 April 2008

FXpress Corporation, a market leading treasury software provider, today announced the appointment of Fred Lopatynski as Vice President and Treasurer and Stephanie Swanton as Product Manager. Mr. Lopatynski brings over 30 years of corporate treasury management experience and will be instrumental in the company’s business development and financial growth strategies. Ms. Swanton brings 20 years of business and financial software development expertise and will be responsible for the continued enhancement of the FIRST™ Interest Rate module.

Mr. Lopatynski is a seasoned treasury professional who has contributed to the success of several large multinational companies in realizing their international financial goals. Most recently, he served as the Finance Manager of International Treasury at BearingPoint, Inc. and was responsible for the identification and evaluation of global currency exposures as well as developing an implementation process for centralized foreign currency management, which included policy, procedures, systems and personnel. Prior to BearingPoint, Mr. Lopatynski served as the Director of Foreign Exchange at Ingersoll-Rand Company and the Deputy Treasurer at BMW of North America.

"As a former user of FXpress solutions and with his considerable treasury expertise, Fred was the ideal candidate to join our management team,” said Robert Richardson, President and Chief Executive Officer at FXpress. “Our company has experienced significant growth and we are excited that Fred will be helping us continue the success in the coming years.”

Ms. Swanton has extensive knowledge of the financial marketplace with international experience in product management for derivative instruments trade processing and workflow, financial risk management, collateral management and securitization. Most recently, she served as Product Manager for Northbound Solutions, LLC and was responsible for the ongoing product development and evolution of Northbound Solution’s strategy in the securitization markets. Prior to Northbound, she was Principal Consultant at Swanton Consulting which provided middle and back office technology consulting services to the derivatives and fixed income industries. In addition, she has held key software development positions with FNX Limited, SunGard Trading & Risk Systems, and accounting positions with Brown Brothers Harriman & Co. and J. & W. Seligman & Co., Inc.

“We are seeing an increased demand to manage intercompany loans, debt, investment and interest rate risk in the marketplace,” said Darren Greway, Vice President of Product Development at FXpress. “We are pleased that Stephanie has come on board to expand our product functionality, which will accommodate the needs of our clients and continue to drive company growth.”

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