Vancouver , B.C. - March 2004 - QuIC today announced
the award of a contract with a Tier 1 Investment Bank to deploy the QuIC Product
Suite for global potential future exposure (PFE) calculations. In a competitive
bid against the industries leading vendors, QuIC's breakthrough vector computing
technology was selected to calculate intraday credit exposures using distributed
grid technologies. The powerful QuIC engine incorporates Monte Carlo simulation
and full revaluation at every step for the entire portfolio, without
approximations or estimation.