Numerix Introduces Numerix University to Advance Knowledge in Independent Valuation, Pricing and Risk Analysis of Derivatives

Complimentary program designed to "give back" to those seeking employment; could
lead to consulting opportunities with Numerix clients through the Numerix
Financial Engineer Certification Program
NEW YORK--(Business Wire)--
Numerix, the leading independent provider of advanced analytics for the
derivatives and structured products markets, is introducing Numerix University -
a series of courses designed for financial engineers to learn the foundational
skills for pricing and managing complex derivatives. This series was developed
and offered exclusively to clients to ensure the best experience with their
Numerix solutions. Today, the program will be offered complimentary to qualified
Financial Engineers who have been casualties of the economy. Individuals who
successfully complete this curriculum will complete a significant step in
becoming a "Numerix Certified Financial Engineer" and will be recommended for
development projects internally or to Numerix customers and partners.

"As more and more skilled individuals are victims of the turmoil in the
financial markets, the ability to learn new skills and stay current on the best
practices being developed in the capital markets is critical," said Numerix
President and COO Steven R. O`Hanlon. "Looking ahead, it will take individuals
with specialized expertise to help institutions advance valuation and pricing
best practices and meet new regulatory demands. This is our way of `giving back`
to the financial community and we are excited to share our collective experience
with our University members."

Numerix is presently offering three separate course programs focused on
different asset classes. Candidates must hold advanced degrees in financial
engineering, applied mathematics or equivalent disciplines and have worked with
derivatives at a financial institution or software company. As part of the
selection process, applicants will be required to take a brief on-line exam.
Similar courses are offered to Numerix clients at a cost of $3,000 per attendee.

Numerix University courses will first be offered in New York. Courses in London
and Hong Kong are being planned for later this year and additional syllabi
designed for IT professionals will be introduced in the coming months. For more
information and registration information, please visit www.numerix.com.

Upcoming Courses:
NEW YORK

Asset Classes: Interest Rate, Cross Currency and Inflation Rate Derivatives
Day 1: Tues., April 28, 2009 - 9:00 AM-5:00 PM
Day 2: Wed., April 29, 2009 - 9:00 AM-5:00 PM

Asset Classes: Credit and Hybrid Derivatives
Day 1: Tues., May 19, 2009 - 9:00 AM-5:00 PM
Day 2: Wed., May 20, 2009 - 9:00 AM-5:00 PM

Asset Classes: Equity, FX and Hybrid Derivatives
Day 1: Tues., June 9, 2009 - 9:00 AM-5:00 PM
Day 2: Wed., June 10, 2009 - 9:00 AM-5:00 PM

About Numerix

Numerix is the leading analytics institution providing cross-asset solutions for
structuring, pre-trade price discovery, trade capture, valuation and portfolio
management of derivatives and structured products.

Since its inception in 1996, more than 375 financial institutions and 45
partners across 25 countries rely on Numerix analytics for speed and accuracy in
valuing and managing the most sophisticated financial instruments. With offices
in New York, London, Tokyo, Hong Kong, Singapore and Dubai, Numerix brings
together unparalleled expertise across all asset classes and engineering
disciplines. For more information, please visit www.numerix.com.

Numerix
James Jockle, 646-512-5824
jjockle@numerix.com

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