Press release

Global deals bolster Coexis headcount to 100 employees

London 17 June 2008 — London and New York based Coexis, a global provider of software for capital markets, announced today that following growth in demand for its next generation Syn~ software, the company has doubled its headcount in the last year to 100 employees.

Coexis operates in multiple locations including New York, Hong Kong, Singapore and Paris with a number of major investment banks and brokers who are implementing Syn~ applications for multi-site middle and back office securities processing, enterprise-wide reference data management, multi-exchange and multi-CSD (Central Securities Depository) solutions.

“Syn~ is increasingly recognised as the most modern suite of applications capable of delivering high STP/STEP (Straight Through Exception Processing) rates using automated interfaces and integrated real-time workflow and monitoring,“ said CEO, Sunil Shah. “A critical element of maintaining this lead is our on-going investment in technology and employing the right people to further research and development as well as service new clients.”

In addition, Coexis' partner in Asia, Hong Kong-based Serisys, has recently opened additional offices in Singapore and Tokyo which has extended the global support for Syn~.

Coexis has a strong pipeline of opportunities globally and continues to recruit personnel across multiple disciplines.

About Syn~ and Coexis  www.syn.com
Coexis, the creator of Syn~®, provides next generation software technology and applications which meet the dynamic business needs of the Global Capital Markets. Syn~ is built using current state-of-the-art technology and engineered specifically to solve the market need to process exceptionally high volumes. With their unique rules-based and application lifecycle approach, Syn~ solutions allow organisations to re-engineer and automate business processes and provide the perfect alternative to high cost bespoke solutions or rigid off-the-shelf packages. Coexis solutions include Syn~Broker, Syn~Settlements, Syn~Customer, Syn~Funds, Syn~Struct and Syn~Clear.

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Press contact: Salli Roskilly Saffron Communications Limited
T: +44 (0)1763 208708 
E: salli(at)saffroncoms.com

Further information from:

Sunil Shah, chief executive officer. Coexis Limited
1 High Street Rickmansworth Herts WD3 1ET UK 
T: +44 (0)1923 720477  E: sunil.shah(at)coexis.com

Roy Staines, managing director US operations Coexis Inc
75 Broad Street New York NY 10004  USA 
T: +1 646 649 9380 E: roy.staines(at)coexis.com

© Copyright Coexis Limited 2004-2008 – Find out more – call us on +44 (0)1923 726800