Pendo Systems Expands Management Team with Addition of Dennis Case

Montclair, NJ - 7 April 2008

Pendo Systems, Inc., a leading provider of financial accounting solutions, today announced that Dennis Case has joined the company as Senior Vice President, Client Services. In this role, Mr. Case will be responsible for client services, pre-sales support, implementation/conversions and insurance outsourcing development for Pendo Systems.

Mr. Case has more than 25 years of executive management experience in the insurance, treasury, investment accounting software and financial institution environments. He joins Pendo Systems from BNY Mellon, where he served as Product Manager for the insurance industry and was responsible for driving and managing the company’s global insurance strategy for all product, services and delivery channels.

“We are extremely pleased to welcome Dennis to the Pendo Systems team,” said Pamela Pecs Cytron, President and Chief Executive Officer of Pendo Systems. “Dennis was a pioneer in the global investment accounting space, he was instrumental in the initial wave of outsourcing and he continues to be on the cutting edge of technology solutions for the financial industry. He brings the experience and the leadership we need to continue to meet the evolving needs of our clients and fuel the continued growth of Pendo Systems.”

Previously, Mr. Case was a consultant with AIG where he assisted with their major initiative to consolidate investment accounting systems. He also held executive positions with QED Financial Systems, Inc., an investment accounting software development company; Princeton Financial Systems, an investment accounting software development company; and Crum & Forster Insurance Companies, a national property and casualty insurance group. Mr. Case received a degree in accounting from William Paterson College and he is a Certified Cash Manager (CCM).

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