Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

SuperDerivatives Appoints Edward Crouch As Global Head Of Corporate Development And Strategy

Date 31/08/2006

SuperDerivativesÒ, the benchmark for options and the leading provider of option pricing, independent revaluation, trading and risk management systems has appointed Edward P. Crouch as Global Head of Corporate Development and Strategy.

Mr. Crouch joins SuperDerivatives after an outstanding career in investment banking and financial markets. Prior to joining SuperDerivatives, Mr. Crouch was a senior vice president and the head of investment banking at Moors & Cabot, Inc., one of the oldest private investment banks in the United States. Mr. Crouch will lead strategic initiatives for SuperDerivatives with key partners in the areas of trading and auditing, acquisitions, and regulatory matters.

"We are delighted to have someone of Ed’s stature join the leadership of our company," said David Gershon, president and CEO of SuperDerivatives. "As the recognized benchmark for options we have a unique place in the financial markets. The fast growth we have been facing in the past few years has created many large-scale global opportunities for the company. With this newly created position we aim to capitalize on these opportunities. Ed will be developing initiatives with leading market participants and will be working with leaders of the global banking, accounting and corporate communities, as well as with central banks and regulatory bodies."

"Ed's broad scope of responsibilities will contribute to the accelerated growth of SuperDerivatives and allow it to expand its range of comprehensive solutions for banks and other financial institutions. These technologically advanced fully-outsourced solutions enable banks to optimize their derivatives business and dramatically increase both trading volumes and profit margins in a relatively short time. Ed’s track record with the financial industry allows him to convey this important message to banks’ executives," Gershon concluded.

Commenting on his new role, Mr. Crouch added: "SuperDerivatives has built an unparalleled reputation and is now a premium brand name in the world’s financial markets. Beyond its ability to provide incredibly accurate market prices for an exceptionally wide range of derivatives in all asset classes, it is quite noticeable that the company has been able to anticipate the needs of market participants and provide the most powerful and user-friendly solutions. I am excited to further promote SuperDerivatives’ expansion strategy and be part of a company whose mission is generating transparency in financial markets to the benefit of all participants."

SuperDerivatives’ products, including real-time pricing and analytics systems, risk management systems, portfolio revaluation services, options market data portal and online trading capabilities, are used by numerous companies from both the buy and sell side. Its pricing platforms are used by almost all the banks around the world that are active in options, as well as by numerous corporations, asset managers, hedge funds, auditors and central banks. SuperDerivatives’ benchmark option pricing model is the only publicly visible and market tested model whose accuracy in generating real market prices for all types of derivatives has been proven and validated continuously for several years.

Additional information about SuperDerivatives can be found at http://www.superderivatives.com