CarryQuote Continues To Expand Its Leadership Team

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Industry Veterans Dmitry Rakovitsky and Trevor Vale Join CarryQuote, Positioning the Company for Continued Aggressive Growth

With proven track records of leadership, excellence, and results in their respective fields ... I am confident that [Dmitry and Trevor] will each play a strategic role in our company’s success as we continue to expand our global operations.

CarryQuote AG, a pioneer in real-time mobile financial information solutions, today announced that it is expanding its leadership in the areas of product management and sales. Joining their team are Dmitry Rakovitsky, who will be serving as CarryQuote’s Vice President of Product Management, and Trevor Vale, who will be the company’s Head of Sales, Americas. Both Mr. Rakovitsky and Mr. Vale will be based in the company’s New York office.

Dmitry Rakovitsky has over 15 years of product and technology leadership experience focused in the financial services and internet industries. Prior to joining CarryQuote, Mr. Rakovitsky served as Executive Vice President of Product Management and Technology for InfoNgen, a leading provider of cloud-based financial information management and discovery services. Previously, Mr. Rakovitsky was Vice President of Product Development at Multex, a pioneer in online investment research that provided investment information and technology solutions to the global financial services industry, and then transitioned to Reuters upon their acquisition of Multex. Mr. Rakovitsky holds a BS in Software Engineering from Technion, The Israel Institute of Technology.

Trevor Vale has extensive sales leadership experience in the financial services industry. Mr. Vale was the Head of Sales and Marketing for Breakingviews, a global provider of financial commentary, where he drove sales leading to the company’s acquisition by Thomson Reuters in 2010. Earlier, Mr. Vale had ten years of experience in various sales leadership roles at Reuters and then Thomson Reuters, in which he managed complex sales with the top global financial and media firms. Mr. Vale earned a Bachelor of Arts with honours from the University of Waterloo in Ontario, Canada.

“We are very pleased to have seasoned industry veterans Dmitry Rakovitsky and Trevor Vale join our team,” said Michael Stennicke, CarryQuote’s CEO. “Both Dmitry and Trevor come to CarryQuote with proven track records of leadership, excellence, and results in their respective fields, and I am confident that they will each play a strategic role in our company’s success as we continue to expand our global operations.”

About CarryQuote

CarryQuote® is reinventing the way financial institutions and individual investors access, consume, and deliver financial information. Tailored for today’s always-on mobile culture, CarryQuote’s award-winning mobile applications are the first-ever to cost-effectively deliver real-time global financial information and proprietary research to any smartphone, pad, or computer. The Company’s private-label solutions offer users integrated mobile and web access to every major exchange in real-time, covering all asset classes and over 95 percent of the world’s markets. In addition, CarryQuote solutions provide CNBC news, on-demand video, and live TV, as well as analytics and charting. CarryQuote uses a unique mobile SaaS-based technology that is compatible with all five major mobile platforms—BlackBerry, iPhone/iPad, Android, Symbian, and Windows Mobile—ensuring access to critical financial information, whenever and wherever it is needed. For more information, please visit http://www.carryquote.com.

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