Export Development Canada Licenses Kamakura Risk Manager for Credit Portfolio Management

HONOLULU, HI, Jan 22 (MARKET WIRE) --
Kamakura Corporation reported today that Export Development Canada,
headquartered in Ottawa, has licensed the Kamakura Risk Manager risk
management software system for credit portfolio management. EDC, which provides
financial services to help Canadian companies and investors expand their
international business in some 200 countries world-wide, selected Kamakura
and the KRM system after an extensive world-wide request for proposal
process. Systems integration on the project is being performed by
Kamakura's North American support team, based in New York.

"EDC takes its risk management responsibilities very seriously as a
financially self-sustaining Canadian Crown corporation," said Warren Sherman,
Kamakura President and Chief Operating Officer. "Kamakura's systems meet EDC's
standards for the accurate, integrated, and transparent management of the credit
and
market risks that evolve from its business activities. This is an important
milestone in the continued evolution of EDC's risk management through
capital management. It is an honor for Kamakura to work with the risk
management team at EDC in the years ahead."

About Export Development Canada

EDC is Canada's export credit agency, offering innovative commercial
solutions to
help Canadian exporters and investors expand their international business.
EDC's knowledge and partnerships are used by 6,400 Canadian companies and their
global customers in up to 200 markets worldwide each year. EDC is financially
self-sustaining and is a recognized leader in financial reporting, economic
analysis
and has been named one of Canada's Top 100 Employers for seven consecutive
years. For more on EDC, see www.edc.ca.

About Kamakura Corporation

Founded in 1990, Kamakura Corporation is a leading provider of risk
management information, processing and software. Kamakura has been a provider of
daily
defaultprobabilities and default correlations for listed companies since
November,2002. Kamakura launched its collateralized debt obligation (CDO)
pricing service
KRIS-CDO in April 2007. Kamakura is also the first company in the world to
develop and install a fully integrated enterprise risk management system that
analyzes credit risk, market risk, asset and liability management, transfer
pricing,
and capital allocation. Kamakura has served more than 160 clients ranging in
size from $3 billion in assets to $1.6 trillion in assets. Kamakura's risk
management products are currently used in 25 countries, including the United
States, Canada, Germany, the Netherlands, France, Austria, Switzerland, the
United
Kingdom, Poland, Eastern Europe, the Middle East, Africa, Australia, Japan,
China, Korea and many other countries in Asia. Kamakura has world-wide
distribution alliances with IPS-Sendero (www.fiservips-sendero.com) and Unisys
(www.unisys.com), making Kamakura products available in almost every major city
around the globe.

For more information contact:

Kamakura Corporation
2222 Kalakaua Avenue, 14th Floor
Honolulu, Hawaii 96815
Telephone: 1-808-791-9888
Facsimile: 1-808-791-9898
Information: Email Contact
Web site: www.kamakuraco.com

Press Contacts:
Warren Sherman
President
Kamakura Corporation
1-201-600-7542
Email Contact
www.kamakuraco.com
www.kris-online.com

Copyright 2008, Market Wire, All rights reserved.

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