[This message was posted by Richard Ney of InnerExchange <[email protected]> to 
the "Product Discussion" discussion forum at http://fixprotocol.org/discuss/24. 
You can reply to it on-line at http://fixprotocol.org/discuss/read/59a8b1cc - 
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Pursuing its expansion, innerExchange announces the launch of Singapore and the 
appointment of Maël Garnier as its Regional Director.

Singapore and London, March 17th, 2009 – innerExchange is continuing to 
dominate the field with unrivalled software technology. Already a leading 
global provider of FIX services and solutions of execution and trading 
management systems it has today announced the opening of a further office in 
Singapore as a result of increasing customer demand. innerExchange will now 
offer sales and support for the Asia Pacific region through its Singapore 
operations.

Maël Garnier has been chosen to lead the company's expansion into Asia Pacific 
as Regional Director.

With the Singapore office opening, innerExchange is now in a position to fully 
capitalise on the steady and significant growth arising within the region, as 
well as better service the needs of its international clients with the 
value-added advantage of a local presence.

Prior to joining innerExchange, Maël Garnier has been a key player in the 
alternative investment and fund management industry. Garnier holds an MBA from 
Nanyang Business School, Singapore.

"I am very excited to be leading innerExchange's expansion into the Asia 
Pacific region. There is a huge need for innovative and cost-efficient 
solutions and I intend to continue to build on the
success of innerExchange’s cutting-edge solutions and services in Europe" said 
Maël Garnier. "Investment managers are first amazed by the broad technical and 
functional coverage, and the user-friendliness of innerExchange’s solutions. 
Upon realising that these solutions can be implemented with high speed to 
market at a fraction of traditional costs, there is no room for hesitation.”

"Traditional asset managers and hedge funds are looking for cost effective 
services and solutions that do not compromise the functional level of leading 
trading and management tools for use in international markets," explained 
Nicolas Chéronet, innerExchange's Managing Director
"Investment managers are recognized as sophisticated users of technology and 
this easily lends itself to innerExchange's highly customizable execution and 
trading management platforms, that can scale at low cost."

As part of its commitment to serve global institutions, innerExchange continues 
to maintain a global presence now encompassing Singapore, London, Barcelona, 
Bordeaux, Kolkata with New York to follow very shortly.


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