SOFGEN ACQUIRES FINANCIAL SERVICES BUSINESS OF UK-BASED FAIRMORT LIMITED

Innovative Technology Company to Expand SOFGEN’s Footprint in the UK

Geneva and London, 16 November 2009: SOFGEN Holdings Limited (SOFGEN) and London-based Fairmort Limited (Fairmort) announced the signature of a definitive agreement under which SOFGEN acquires Fairmort’s Financial Services business. This complements SOFGEN’s banking and IT consulting capabilities in the UK, especially in the Bankmaster® and BM+® space. Clive Bowles, CEO, SOFGEN (UK) Limited commented that, “The merger of SOFGEN and Fairmort’s bank consulting activities strengthens the firm’s UK footprint and, in particular, its ability to support Bankmaster and BM+ users globally. Bankmaster and BM+ are products of Misys International Banking Systems.” SOFGEN’s new London address is set out below.

“This is an important milestone for us,” said Jay Mortlock, Director of Fairmort. “SOFGEN’s global reach, scale, widely recognised brand and customer relationships bring international leverage to Fairmort’s industry leading Bankmaster and BM+ technical competencies. We look forward to working with SOFGEN’s team of 250+ consultants servicing clients from its network of 14 offices on 4 continents.”