FXpress Corporation Announces New West Coast Office

14 May 2009

FXpress Corporation, the market leader in corporate treasury risk management and accounting software, today announced the appointment of Matt Moore as Sales Executive for their Western Region. Mr. Moore brings over twenty years of business development experience within the technology sector, the past fourteen specific to corporate treasury and risk management.

“We are very excited to bring on someone of Matt’s caliber” says Jim Gilbert, Vice President of Sales and Marketing. “His talent and expertise will be crucial as FXpress delivers risk management solutions to new markets.”

Mr. Moore has extensive knowledge of the financial marketplace, and joins FXpress from Speranza Systems, where as Vice President of Sales he helped transition the pioneer company in bank compliance to an established BPM organization. Prior to Speranza, Mr. Moore spent several years’ delivering global treasury solutions on behalf of SunGard Treasury Systems and XRT.

“With ever-increasing regulatory and compliance matters before Corporate Treasury, coupled with a changing economic climate, organizations today are faced with having to do more with fewer resources,” said Moore. “I am very excited to join FXpress as their longstanding expertise has enabled many Fortune 1000 organizations to automate the entire process of hedge accounting. This strength is particularly important as recent volatility in capital markets has added a twist to managing market values through cycle for commodities, currencies and counterparty credit.”

This appointment comes on the heels of FXpress’ third consecutive year of record growth, enabling the company to expand on the significant advances within its flagship corporate risk management product FIRST™. These advances in the upcoming FIRST S9 release, especially within the FX, Commodities, and Interest Rate & Debt modules, give FXpress the ability to offer greater business value to organizations with a growing need for treasury risk management and hedge accounting tools.

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