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Swallow Technology appoint Stephen Noulton as Director of Global Strategy, London, 6th August 2005.

Swallow Tech a UK based supplier of SWIFT Accredited and other Financial Services Solutions is pleased to announce the appointment of Steve Noulton as Director of Global Strategy.

Steve was previously Business Development Manager at City Networks where he worked on the strategy, direction and positioning of their treasury, retail and corporate products and services globally and where he also developed expertise in Reconciliation and Transaction Matching Solutions.

  Swallow Technology Limited
  14 Lion Yard
Tremadoc Road
London, SW4 7NQ
United Kingdom
SWALLOW TECHNOLOGY LIMITED

PRESS RELEASE – 6th August 2005.

Swallow Technology appoint Stephen Noulton as Director of Global Strategy, London, 6th August 2005.

Swallow Tech a UK based supplier of SWIFT Accredited and other Financial Services Solutions is pleased to announce the appointment of Steve Noulton as Director of Global Strategy.

Steve was previously Business Development Manager at City Networks where he worked on the strategy, direction and positioning of their treasury, retail and corporate products and services globally and where he also developed expertise in Reconciliation and Transaction Matching Solutions.

Reporting into Tony Waszkiewicz (Managing Director), Steve will be responsible for Swallow Tech's product development, developing new and existing business, managing third party relationships and the development of joint venture opportunities.

Tony Waszkiewicz said: "We welcome Steve to Swallow Technology, he will contribute greatly in helping Swallow Technology in achieving its objectives in supplying modular, integrated, functionally rich and cost effective technology solutions to the Financial Services Market. The appointment of Steve is part of our strategic expansion initiatives to focus on client service and the introduction of world-class products to improve and increase the product range to meet sustained growth. We expect to make further announcements shortly."
About SwallowTech (www.swallowtech.com)
Swallow Technology Limited is a UK based supplier of SWIFT Accredited and other Financial Services Solutions. Swallow Technology has been building and supplying solutions since 1984 and has particular expertise in the Confirmation Matching, Cash and Securities Reconciliations, Exception Management, & Bespoke Cash Management systems arenas.

Swallow Technology serves over 200 customers in more than 50 countries over 5 continents and is supported by several local agents.

Contacts :

Steve Noulton, Global Strategy Director
Tony Waszkiewicz, Managing Director

Telephone: +44(0)20 7350 5000
Email:
Web: www.swallowtech.com