Trema Announces Partnership with NumeriX; Trema Seamlessly Embeds Best-of-Class NumeriX Valuation Libraries Within the TremaSuite™

Business Wire, April 5, 2006

BOSTON -- Trema, the leading provider of treasury and asset management software, announced a strategic partnership with NumeriX, the innovator in multi-platform, cross-asset derivatives pricing and risk management software.

With version 7 of the TremaSuite(TM), Trema has introduced breakthrough technology in the form of a Unified Instrument Management framework that provides true end to end STP processing for an ever increasing number of instruments classes, including complex derivatives and structured products.

Through a development and distribution partnership with NumeriX, Trema now provides its customers with the ability to use embedded NumeriX libraries to value the most complex and exotic IR instruments.

"NumeriX has long been recognized in the market place as best in class in the field of valuations, pricing and risk. We share the company's passion for delivering innovative solutions to the financial markets and our cross asset focus is unique. We look forward to working with NumeriX to continually expand our instrument support, utilizing its cutting edge valuation models," said Trema CEO Michele Fitzpatrick.

The TremaSuite(TM) is the only solution in the market to provide financial institutions with a single platform to support all asset classes, and the automation, consolidation, audit and accounting of all cash management, trading, funding, and investment activities - instantaneously and globally.

Up until now, when it comes to deploying new instruments, financial institutions have had to compromise between time to market and the level of automation available within their core systems. Because of the limitations of these legacy systems, financial institutions have all too often been forced to either manage complex derivatives and structured products manually, using Excel spreadsheets, or to rely solely on valuations provided by their counterparties. The lack of a single integrated management platform, for all instruments, regardless of complexity and asset class, increases operational risk and creates significant failure points in terms of risk management, valuation, auditability and control.

Not only does the TremaSuite(TM) avoid these pitfalls, but by embedding NumeriX' analytics into its core instrument management engine, Trema now provides customers with a choice of best in class valuation models for more accurate financial performance.

"With the TremaSuite(TM), Trema has built one of the most integrated enterprise financial management platforms available in the market today. Our partnership will enhance Trema's appeal to the more demanding financial buyers, and allow NumeriX to expand in the corporate space, where treasuries are visibly getting more and more sophisticated in managing their debt and assets." said NumeriX President and Chief Operating Officer Steven R. O'Hanlon.

Notes to Editors

About NumeriX

NumeriX is the recognized independent leader in multi-platform, cross asset derivatives pricing and risk management software for fixed income, credit, foreign exchange and equity. More than 200 clients across 25 countries rely on NumeriX for speed and accuracy in valuating and pricing their vanilla and exotic derivatives. Trading and risk platform vendors leverage NumeriX analytics to gain a time to market advantage by embedding the power of NumeriX into their systems. Founded in 1996, the company is privately held and has offices in New York, Chicago, Santa Fe, Toronto, London, Paris, Singapore and Tokyo. NumeriX has a financial engineering and quantitative team composed largely of PhDs on the same scale as the very largest of financial institutions. For more information visit www.numerix.com.

About Trema

Trema is the leading provider of treasury and asset management software for corporations and financial institutions. Trema's experts in treasury and asset management are setting a new standard for the industry and are highly focused on adding measurable value to our customers.

Trema is proven at over 250 global blue-chip customers including The European Central Bank, Banque de France, ING Investment Management, Lucent Technologies, GE Capital, Porsche, Merck and Philips. Trema is the global system of choice for central banks and Supranationals.

Trema offers two distinct solutions tailored to respond to the varied needs, budgetary constraints, and operational complexities of today's treasuries:

TremaSuite(TM) is a versatile treasury & asset management suite that suite supports the widest range of instruments and functions, in a single, integrated, yet open and modular system. It delivers unprecedented ROI by providing companies with immediate visibility & control, and easy compliance throughout the enterprise.

The suite includes five integrated modules: Transaction & Risk Management, Cash Management, Commercial Loan Management, Portfolio & Performance Management and Accounting.

The application can be deployed globally and securely over the Internet whilst an open design and versatile API tools ensure that it can easily be interfaced to dealing platforms, market data feeds, banks, ERP and payment and settlement systems, making the suite a strategic platform for enterprise finance.