Arcontech appoints new Business Development Manager

London, 30th September 2005 - Arcontech Ltd., the London-based developer of real-time data distribution and display systems, continues its expansion program with the appointment of business development manager, Ken Cordery.

Cordery is a senior sales professional with a long and successful track record in new business sales and business development. He will report to Andrew Miller, managing director of Arcontech, and work along side Declan Agnew, head of european sales.

Cordery has spent more than 20 years in the industry and has sold both front and back office solutions as well as treasury market data services. He gained extensive experience working with companies such as CSK Software, Tenfore and Cognotec and prior to that with the financial institution Citibank where he worked in FX and Global Treasury services.

In his new role, Cordery will be charged with helping to strengthen Arcontech’s position as an acknowledged market leader for real-time contributions and integrated distribution systems.

"We are continuing to strengthen our position in the London market whilst looking at increasing business on a global scale, currently working with a number of strategic partners" says Miller, "Ken will help this process by identifying and progressing more opportunities where our flexible and scalable StarNet components can add value and save costs for our clients."

Cordery comments "I'm delighted to join the Arcontech team. Having worked for many years in the market data sector I am excited about the opportunity of building on the company’s reputation for rapid delivery of cost-effective solutions. I am looking forward to working with both new and the existing client base in order to accelerate Arcontech’s growth."

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