IMX expands into Asia-Pacific region

London - 9 September 2008

IMX Software, the global leader in banknote trading and travel money technology solutions, today announced its expansion into the Asia-Pacific market. Michael Low has been appointed as Sales Director to head up IMX Software’s new office in Singapore and will be responsible for developing and expanding the company’s presence in the region.

With over ten years of regional business-to-business sales and marketing experience, Low has repeatedly led the sales of corporate treasury, loans and cash management systems in the Asia Pacific region. Low joins IMX from aurionPro Solutions Ltd, where he was instrumental in building its business in South East Asia.

Jon Newbery, CEO of IMX Software, commented: “We have developed strong relationships over many years with leading banks and travel money organisations in Europe and Australasia and we are now looking to build on that success in the Asia-Pacific region. By investing in a regional presence we can better support the larger players as they automate their wholesale currency trading and retail foreign exchange operations in pursuit of competitive advantage and improved profitability.”

Michael Low, Sales Director at IMX added: “IMX is an exciting and innovative company that offers a great deal of promise to the Asia-Pacific market. I am looking forward to the challenge of applying our specialist business experience to the development of new regional clients for IMX’s unique foreign exchange solutions.”

IMX provides software which automates banknote trading and travel money solutions in order to streamline processes and ultimately increase business efficiency. The company specialises in developing software solutions for three market segments: wholesale currency and banknote trading; currency distribution and fulfilment; and retail foreign exchange and travel money products for business-to-business and business-to-consumer channels.

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