Press Room

FINCAD Appoints New Vice President to Lead Business Development and Client Services Team

Vancouver, BC, CANADA , September 18, 2006 – FINCAD, the industry standard for financial analytics, has appointed Enzo DiMichele as Vice President of Sales.

Enzo’s track record includes 20 years of successful executive level sales and business development, with experience in increasingly senior roles in sales and marketing with hi-tech organizations including Computer Associates, InfoBuild, Microsoft, InSystems and Pivotal. Enzo is also a sales effectiveness trainer and coach of industry leading sales and management learning programs.

Commenting on his appointment to FINCAD, Enzo stated, “These are exciting times for FINCAD as it experiences high growth and capitalizes on a growing derivatives market. My commitment is to lead business development and client services to achieve our objectives, build on our relationships with clients, strengthen FINCAD’s alliances with partners and expand our presence in financial markets. FINCAD is already recognized by over 25,000 professionals as the industry standard. We have become not only the safe choice, but the right choice for firms seeking financial analytic software solutions. I’m delighted to be working for an organization where we are accountable to ourselves, to each other and to our customers in the global finance community.”

Robert Park, President and CEO commented, “Enzo’s experience and success in establishing critical mass as a strategic organization builder brings great value to FINCAD. We are confident that he will be instrumental in achieving our growth objectives, increasing our sales force, expanding our market, and taking our business development to the next level. As a sales effectiveness trainer and coach of industry leading sales and management learning programs, he brings awareness and tools to enable FINCAD to be a trusted advisor to our clients.”

For additional media information, please contact:

Media Relations
FINCAD
Central City, Suite 1750
13450, 102nd Avenue
Surrey, BC V3T 5X3
Phone: (604) 957-1222
Email: media@fincad.com

About FINCAD
FINCAD provides software and services that support the valuation and risk management of financial securities and derivatives that is essential for banks, corporate treasuries and asset management firms. FINCAD’s industry standard financial analytics are a key component in FINCAD solutions that are used by over 25,000 professionals in 72 countries.

FINCAD XL is a Microsoft® Excel add-in package containing over 1,400 financial functions and 120 workbook solutions used for valuing and measuring the risk of financial securities and derivatives. FINCAD Developer is a software development kit allowing financial system vendors and developers to add FINCAD Analytics to their trading, order processing and order management systems.


© 2006 FinancialCAD® Corporation. All rights reserved.