Coexis Hires Key Man for Asia Operations and Singapore Expansion

LONDON--(Business Wire)--
As part of its continuing expansion in Asia-PAC, global provider
of software for capital markets Coexis has hired Ian Stephenson,
Lehman Brothers' former head of IT in Singapore and Operations
Technology in Asia, as head of operations in the region. Based in
Singapore, Ian will initially focus on managing local implementations.

Ian joins Coexis from Lehman Brothers where he has worked for the
last eight years, most recently in managing up to 150 staff as head of
operations technology in Asia as well as head of IT in Singapore. His
early career (1993 - 1998) began as a graduate programmer at Wilco
where he progressed to a technical manager before joining Wilco
customer NatWest Global Financial Markets to project manage a variety
of implementations of Wilco's Gloss settlement systems.

Sunil Shah chief executive officer of Coexis said: "We are
delighted to have persuaded Ian back to the software industry. He
brings many years' invaluable experience of rolling out innovative
projects for Lehman Brothers and crucial operational management skills
to assist and oversee Coexis' growing operations and development in
south east Asia."

About Syn~ and Coexis www.syn.com

Coexis, the creator of Syn~(R), provides next generation software
solutions to meet the dynamic business needs of the global capital
markets. Model-based software provides investment banks,
correspondent/clearers and other service providers with middle and
back office processing, asset servicing and reference data engines
geared to process exceptionally high volumes.

NOTE: There is a "tilde" symbol in the product name Syn~, which
may not appear correctly on some databases.

Saffron Communications Limited
Salli Roskilly, +44 (0)1763 208708
salli@saffroncoms.com

Copyright Business Wire 2008