QuIC Announces Appointment of Senior Sales Executive

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Robert MacKenzie brings seasoned sales experience and proven track record of building market Share to QuIC.

I look forward to contributing to QuIC's sales efforts with the vision of making the company the global leader in risk management and financial analytics solutions.

QuIC Financial Technologies Inc., a leading global solutions provider of risk management, pricing and financial analytics solutions, today announced the appointment of Robert MacKenzie to the position of Senior Sales Executive in QuIC's global sales efforts.

MacKenzie comes to QuIC with more than 18 years of sales leadership experience in the finance, risk management and technology industries. He has held senior sales leadership positions with global Fortune 1000 companies such as Algorithmics, SunGard and JP Morgan. MacKenzie will be responsible for developing and directing global sales initiatives and growing QuIC's market leading position.

"I am very pleased to add Robert to our global sales team. He brings extensive sales expertise and his proven track record of establishing market dominance will greatly benefit our current expansion plans," said Nigel Sirett, Sales Director EMEA for QuIC Financial Technologies. "Robert has proven capabilities in developing strategic sales pipelines, increasing customer satisfaction, and closing major accounts. We are confident that his experience will be a positive addition to our team as we grow our market share in 2008."

Before joining QuIC, MacKenzie was most recently Regional Director with MKS concentrating on compliance and change management solutions. Prior to MKS, MacKenzie served for four years as Regional Director for Southern Europe with Algorithmics, where his sales leadership helped the company achieve market dominance in Spain, Italy and France. Before joining Algorithmics, MacKenzie held various roles at SunGard, concluding as a Regional Sales Manager for Europe and North America for Financial Trading, Risk and Energy. He also held positions at global financial institutions such as JP Morgan and TD Bank. MacKenzie holds a Bachelor of Arts from Carleton University.

"It's an exciting time to be joining QuIC, a growing company with a proven track record of success, a dynamic management team and a world-class suite of innovative products and services that have truly changed the landscape of risk management," said MacKenzie. "I look forward to contributing to QuIC's sales efforts with the vision of making the company the global leader in risk management and financial analytics solutions."

About QuIC Financial Technologies Inc.
QuIC is a global solutions provider for risk management, pricing and financial analytics. The QuIC Engine™ provides speed, flexibility and scalability for pricing and risk calculations regardless of volume or complexity. QuIC technology delivers scalable, dynamically extensible and user-customisable solutions to multiple recipients throughout the enterprise. The QuIC Product Suite™ easily integrates with in-house, partner and third-party applications & systems and operates in diverse environments, from a single laptop to large distributed grids.

For more information please visit http://www.quic.com.

Press Contact
Julie Zuzek
Marketing and Communications Manager
QuIC Financial Technologies Inc.
Tel: +1 604 648 1107
Fax : +1 604 689 1361
julie.zuzek @ quic.com

Trademarks
QuIC, the QuIC logo, and QuIC Analytic, QuIC Analytics - XL, QuIC Analyzer, QuIC Engine, QuIC Functions, QuIC Integration, QuIC Links, QuIC Mechanics, QuIC Network Engine, QuIC Platform, QuIC Product Suite, QuIC Publisher, QuIC Script, QuIC Simulation Framework, QuIC Run, QuIC View, and QuIC Workbench product names are trademarks of QuIC Financial Technologies Inc. or a licensor in Canada, the United States and/or other countries.

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Julie Zuzek
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