New Sales/Marketing Director

Knowledge Technology Solutions PLC 07 March 2003 RNS News release 7 March 2003 Knowledge Technology Solutions PLC Appointment of Sales and Marketing Director Knowledge Technology Solutions PLC (KTS), the independent provider of real-time data solutions for financial professionals, is pleased to announce the appointment of Richard Burtsal as sales and marketing director. The appointment will take effect on 31 March. Richard Burtsal, aged 44, was previously with Caplin Systems Ltd, a provider of real-time web technology, which he joined in 2001. At Caplin, Richard was Account Director for Europe and was involved in developing the European product strategy for the business. This included creating new opportunities within the retail and exchange sectors. Between 1993 and 2001 Richard was an Associate Director at Thomson Financial, the global supplier of data, analysis and information tools to the finance industry. Part of the initial ICV sales force that established a significant share of the UK equities market, he subsequently was involved in new product launches including the European introduction of a global trading service. Prior to Thomson Financial, Richard held a senior account manager position at The London Stock Exchange for five years, where he introduced best execution and ETC systems and managed clients generating £10m annual revenue. In his new role, Richard will be responsible for rolling out KTS' new thin-client interactive market data applications to financial institutions. This includes QuoteTerminal, the UK market data product and will also include MarketTerminalTM, the international market data product, due for release later this year. Dr Marc Pinter Krainer, chief executive of Knowledge Technology Solutions PLC, commented: 'Richard's appointment comes at a time when KTS is seeing strong sales momentum, driven by the wholesale migration of the market data industry from legacy closed-network systems to the next generation of Internet-based market data technology. He has wide-ranging industry connections and substantial experience within the market data industry and I am confident that Richard will prove invaluable to our team as we build market share.' Richard Burtsal said: 'I believe that KTS is well positioned to revolutionise the technology and economics of market data collection and distribution. QuoteTerminal has demonstrated this and already attracted a high calibre client base who are seeing the benefits. I'm pleased to be joining the business at such an important stage in its growth.' Enquiries: Dr Marc Pinter-Krainer Neil Boom/Jenny Leahy Knowledge Technology Solutions PLC Gresham PR Ltd. 020 8795 2700 020 7404 9000 Financial professionals may request a free QuoteTerminal trial by calling the QuoteTerminal sales department on 020 8902 1400. This information is provided by RNS The company news service from the London Stock Exchange
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