ROLFE & NOLAN EXPANDS EUROPEAN SALES DIVISION

London, UK, 17th April 2001 - As part of its strategic reorganisation initiative, Rolfe & Nolan - the leading developer of processing software for futures and options - has expanded its European sales division adding two new sales personnel based in London.

Lance Mortimer and Tony Hines will take on full responsibility for UK Sales. They join the group headed by Jim McCarthy, who returned to Rolfe & Nolan last month. McCarthy's team will operate in the UK, Italian and German markets primarily, but will also aim to exploit new opportunities across European markets through the company's new and extended product
range.

Lance Mortimer has spent the last four and a half years of his 15 year career in futures and options with Rolfe & Nolan. He began as an account support executive and was soon managing an account support team. Eighteen months ago he was made UK commercial account manager, where he has been managing and developing blue chip accounts. His dedication to long-standing clients and his in-depth industry expertise make him crucial to the
development of a successful team under Jim McCarthy who heads up the entire division.

Said Mortimer, "I am excited about the move into new business sales which this role brings. I feel confident that by concentrating on the areas of the market we know best, and with this team of highly specialised people led by Jim, our business will grow quickly."

He will be working alongside Tony Hines who comes to Rolfe & Nolan after three years at Systematics International, where he held the position of information sales executive. In this role he had direct responsibility for the sales and marketing of TRADEdata, a software product comprising a database of information on current futures and options markets.

In his three years at Systematics International, Tony grew the company's client list by 75 percent and it is this success that caught the eye of Rolfe & Nolan.

Comments Hines, "I see an opportunity to bring a fresh and new approach to the Rolfe & Nolan sales unit. To stay at the top of the game we need to be able to anticipate customer needs, which means recommending the best solutions to help drive their businesses forward." He adds, "This new structure will allow us to establish closer links with clients which will
lead to strong ongoing relationships."

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