Six members of the banking industry to exhibit on shared community stand



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London and Frankfurt, 17th June, 2008 – Transduco (www.transduco.com), the specialist provider of cross-border business development services for companies operating across the English, French and German speaking financial services technology sectors announced that the first Transduco Pavilion at Sibos has sold out three months in advance of the event.  Early bookings were received from AnaSys and Datamation and they have now been joined by GoldenSource, SLIB, Volante Technologies and Swissrisk Financial Systems.

Sibos is the world’s premier financial services exhibition.  This year Vienna will play host to financial institutions, vendors, technology and solutions providers along with SWIFT and its business partners.  With unparalleled uncertainty caused by the global credit crunch and changing industry regulations, there has never been a more important time for the financial community to come together at Sibos.

Stefan Mies, Founder and Managing Director of Transduco comments, “We understand that for many companies Sibos is on the one hand an essential event to attend but on the other hand carries high overheads.  The Transduco Pavilion helps to solve this dilemma by enabling our clients to efficiently raise profile, generate leads and find new business partners while minimizing the overhead.   Demand for the first Transduco Pavilion at Sibos 2008 has exceeded expectations and we are delighted that the Pavilion is already full.  We can now concentrate in the coming months on helping our exhibitors prepare for a highly successful Sibos.”

Mr Vijay Oddiraju, CEO, Volante Technologies, a leading provider of SWIFT message management solutions, said, “Attending events outside of North America poses a number of logistical challenges including how to control our time, cost and resource overheads.  The Transduco Pavilion offers us a highly professional presence at an important trade show with the minimum of effort.  I am impressed with the commitment of the Transduco team to ensure that Volante obtains maximum value from our investment in Sibos.”

The Transduco Pavilion concept is particularly attractive to smaller organizations who gain a presence at the world’s most important banking event at an acceptable cost and resource level.

Véronique Boizard, Marketing Manager SLIB, commented, “We were impressed with the innovative cost sharing model behind the Transduco Pavilion and the fact that it has been proven to work successfully for other companies like ourselves, who are looking to gain more exposure and visibility on overseas markets. We will be able to focus our resources on achieving our business objectives at Sibos safe in the knowledge that all of the organization and logistics have been taken care of by the Transduco team: our passport to Sibos.”

The Transduco Pavilion is a shared community stand that provides an innovative and affordable bridge to new markets.  Suppliers have full local language support from Transduco.  The Transduco Pavilion frees up time and resource that can be better spent on value added sales and marketing activities.  Exhibitors get a high quality platform on a shared stand at a fraction of the cost and resource overheads associated with going it alone.

Mies concludes, “This year´s Transduco Pavilion in Vienna has attracted a diverse range of businesses from North America, Switzerland, France and the UK.  This demonstrates the business model behind the Pavilion makes sense to any company, in any country that is looking for a cost effective bridge to overseas territories such as the German speaking market.  We anticipate strong demand again for the Transduco Pavilion at the European Banking and Insurance Fair in Frankfurt, November 2008 and the OOP event in January 2009.”

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About Transduco
Transduco is a specialist provider of cross-border business development and market entry services for companies operating in the financial services technology sector.  English, German and French speaking companies are their specialty.  Transduco offers multi-lingual resources to support sales and marketing programs targeted to the German speaking market including business or technology partner relationship management, innovative and affordable exhibition opportunities at major industry events through the unique “Transduco Pavilions ™”, language and culture-oriented coaching for business and IT executives and translation services.  For further information, please visit www.transduco.com.

About Volante Technologies
Volante Technologies provides tools and solutions that accelerate data management for financial industry firms. A gold-certified SWIFTReady provider, Volante supports all SWIFT message formats , including MT, MX and FpML. Volante also provides solutions for MT-MX coexistence and supports various other financial industry formats. Volante’s solutions are unique in that they work with any software, network or infrastructure platforms  Volante customes include buy-side and sell-side institutions around the globe, as well as industry utilities, including Brown Brothers Harriman, The Municipal Securities Rulemaking Board, and Broadridge. For more information, visit www.volantetech.com.

About SLIB
For more than 20 years, SLIB has been a reliable partner to the financial services industry, offering Front, middle and back office solutions to help Banks, Investment Firms and Asset Managers automate their securities processes and improve their performance. Today 60 European institutions in France, Belgium, Holland, England and Portugal are using SLIB solutions.

Both a software publisher and an Application Service Provider (ASP), SLIB employs more than 100 people in Paris, Lyon, Brussels and London.
For more information, please visit www.slib.com

Press contact: Jenny Swift, Rivercalm: North America Tel: 001 917 210 8064 or Europe Tel: 0044 207 665 1636 Email: swift@rivercalm.com



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