| QuIC Appoints new Head of Sales for North America Vancouver BC, March 9, 2007 – QuIC Financial Technologies Inc. is pleased to announce the appointment of Liam Cuddy as Head of Sales, North America. Mr. Cuddy will spearhead QuIC’s expansion in North America. “We are pleased to gain Liam’s thirteen-plus years of industry experience, and his in-depth knowledge of the risk management market,” said Tom Severance, Vice President Global Sales for QuIC. “Over the past two years our client list of top-tier banks has increased significantly, primarily in Europe and Asia, and Liam will be responsible for further developing the North American region.” Mr. Cuddy holds an MBA in Finance from the University of Notre Dame and has built a career in the financial industry, specializing in risk management. Formerly Director of Global Sales and Marketing with RiskSpan LLC, he has held management and senior sales positions with Algorithmics, Inc, Wachovia Bank, and other financial and brokerage companies. “I am very excited to join the QuIC team and leverage my trading, sales and risk management experience in the North American market,” said Mr. Cuddy. “I look forward to utilizing QuIC’s market leading analytic framework and cutting edge technology with my extensive knowledge of the derivatives and risk business to offer solutions that meet the analytics needs of both the front and middle office.” About QuIC Financial Technologies, Inc. QuIC is a global solutions provider for pricing, risk management and financial analytics. The QuIC Engine™ provides speed, accuracy and flexibility for pricing and risk calculations regardless of volume or complexity. Based on component technology, QuIC delivers scalable, dynamically extensible and user-customizable solutions, by creating a shared calculation fabric that can be leveraged throughout the enterprise. The QuIC Product Suite™ integrates easily with in-house, partner and third-party applications and systems, and operates in diverse environments, from a single laptop to a large distributed grid. Applications include data and model calibration, real-time pricing of complex derivatives and high-volume portfolio simulation and analytics for market and credit risk, all delivered by user defined sophisticated valuation and simulation methods. For more information, please visit www.quic.com. Press Contact Julie Zuzek Marketing and Communications Manager QuIC Financial Technologies Inc. Tel: +1 604 689 1360, ext 127 Fax : +1 604 689 1361 julie.zuzek@quic.com Trademarks QuIC, the QuIC logo, and QuIC Analytic, QuIC Analytics – XL, QuIC Analyzer, QuIC Engine, QuIC Functions, QuIC Integration, QuIC Links, QuIC Mechanics, QuIC Network Engine, QuIC Platform, QuIC Product Suite, QuIC Publisher, QuIC Script, QuIC Simulation Framework, QUIC Run, QuIC View, and QuIC Workbench product names are trademarks of QuIC Financial Technologies Inc. or a licensor in Canada, the United States and/or other countries. « Back to 2007 News |



