QuIC Appoints Risk Management Expert to Drive Business Development in Asia Pacific

VANCOUVER, CANADA, Jun 30 (MARKET WIRE) --
QuIC Financial Technologies Inc., a global solutions provider of risk
management, pricing and financial analytics, today announced the
appointment of Mark Putnam to manage Business Development and support in
the Asia Pacific region. This strategic appointment is in direct response
to growing global demand for QuIC's risk management solutions.

Based in Sydney, Australia and reporting to the Sales Director North
America and Asia, Putnam will focus on driving sales and forging
strategic business relationships for the company's Asia Pacific sales
operations. Putnam will leverage his years of expertise in market risk,
credit risk and treasury balance sheet management in the diverse Asia
Pacific region to drive QuIC's growth plans, provide regional support for
existing and new customers and strengthen its industry leadership
position worldwide.

"Mark's unparalleled regional expertise backed by a successful track
record in the banking and risk management industries made him an ideal
selection to drive our growth and provide hands on support for customers
in the Asia Pacific region," stated Liam Cuddy, Sales Director North
America and Asia for QuIC. "He understands the unique challenges facing
banks in this area of the world and with Mark's leadership, QuIC will
continue to expand its regional presence by building long-term
partnerships and strategic business relationships in this growing market."

Putnam has more than 25 years of experience in the risk management and
banking industries. He joins QuIC after a distinguished career with
Westpac, where he held numerous senior executive roles including the Head
of ALM Group Treasury and Head of Trading Risk Management. Putnam has
also held leadership positions at the Industrial Bank of Japan and the
Commonwealth Bank of Australia, as an Executive in Trading Risk
Management.

"I have watched QuIC's growth for some time and have seen first-hand how
their technology and exceptional service culture has enabled them to
consistently deliver leading edge and customised solutions for clients.
QuIC has raised the bar for the entire risk management industry" stated
Putnam. "I am very excited to be part of the QuIC team and look forward
to contributing to their growth and helping expand presence in the Asia
Pacific region."

About QuIC Financial Technologies, Inc.

QuIC is a global solutions provider for risk management, pricing and
financial analytics. The QuIC Product Suite features an exceptionally
fast vector-based calculation and simulation platform for pricing, risk
management and financial analytics. Built with fully open technology, the
QuIC Product Suite integrates easily with in-house and partner systems
and operates in diverse environments, from a single laptop to large
distributed grids. QuIC technology is delivered on a shared calculation
fabric available to multiple recipients throughout the enterprise,
allowing risk management professionals to collaborate in developing new
analytics strategies and technology solutions.

Contacts:
Press Contact:
QuIC Financial Technologies Inc.
Julie Zuzek, Director of Marketing and Communications
+44 (0)20 7562 4570
+44 (0)20 7562 4571 (FAX)
julie.zuzek@quic.com

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