Banco Credito Inversiones selects Trema to modernize management of its treasury and investments operations; Trema further expands presence in Latin American market; Single system to cover multiple business operations

Business Wire, June 27, 2006

BOSTON -- Trema, the leading provider of treasury and asset management software, announced today that Banco Credito Inversiones (Bci) has chosen TremaSuite(TM), to be its single solution for all treasury and investment management across the organization. The deal marks another milestone in Trema's continued success in Latin America, emphasizing the company's strategic commitment to growth in that market.

Bci, currently the third largest bank in Chile, with total assets of $15 billion (USD), needed to replace multiple outdated systems with a single treasury management technology. Bci ultimately chose the TremaSuite(TM) because of its proven track record as well as the product's flexibility and scalability and the cultural fit with Trema, which has a presence on the ground in Latin America and a team fluent in Spanish.

The implementation includes deployment of TremaSuite(TM) across Bci's treasury as well as the investment management departments to streamline transactions across all trading desks, apply real-time controls, help manage risk and automate the operations area. Because of TremaSuite(TM)'s flexibility, Bci will be able to roll out the technology to other business units in the future, such as asset management and private banking, quickly and easily. The system also will support Bci's future plans to diversify its investment policy to include other investment products.

"When we began our search for a treasury solution, we looked for a cost-effective and highly adaptable system that would meet local requirements and return measurable value to our growing business," said Jorge Barrenechea, head trader at Banco Credito Inversiones. "With Trema, we have found not only the right technology, but also a trusted partner with whom we can work to meet our business needs now and in the future."

"We are delighted that Bci has chosen the TremaSuite(TM) to support the management of its treasury and investment management operations," said Trema Executive Vice President, Terry Beadle. "As a leader in this region's rapidly changing financial industry, Bci sees the benefits of replacing costly in-house solutions with a single system. We recognize Bci as a market innovator and look forward to working together closely as its business grows."

TremaSuite(TM) has the unique ability to combine treasury and investment management operations in one single system without making any compromises on functionality. It has the widest range of instrument capabilities, allowing financial institutions to expand the suite throughout multiple functions within the bank. TremaSuite(TM) has been implemented by financial institutions, corporations and central banks in more than 40 countries worldwide.

Notes to Editors

About Banco Credito Inversiones (Bci)

Banco de Credito e Inversiones SA (Bci) is a Chile-based bank. It offers financial services in the form of personal, commercial and corporate banking. Bci finances foreign trade and offers financial support for Latin American banks under suitable risk limits. It has a presence in Peru, Brazil, Mexico, Spain, Costa Rica and Miami. Bci includes a number of subsidiaries, such as Bci Corredor de Bolsa, a fixed income and financial trader; Bci Administradora de Fondos Mutuos, a fund manager; Bci Corredores de Seguros, a provider of integral advisory services in risk protection; Bci Factoring, active in international factoring; Bci Asesoria Financiera, a financial consultancy; Bci Securitizadora, a securities business; Compania de Normalizacion de Creditos, active in the collection and recovery of bad debt; Analisis y Servicios, an information provider, and Bci Servicios de Personal, a provider of personnel services to Bci.

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 GE Capital, Porsche, Merck, Lucent Technologies, Philips, The European Central Bank, Banque de France and ING Investment Management. Trema is the global system of choice for Central Banks, State Treasuries 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 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.