Global Bank Chooses Mondas

Mondas PLC 26 July 2006 Mondas plc ('Mondas' or 'the Company') Mondas signs major new contract for Blue Curve. Mondas plc, the AIM listed Financial Markets software specialist, has secured a significant order to supply one of the world's leading banks with its market leading Blue Curve research management software solution. The client is one of the top ten largest banks in the world, with offices in UK, Europe, US and Asia. The contract is for the supply of licences, professional services and support, which, subject to acceptance, should provide material revenues in the second half of the year. Mondas will provide the client with the majority of Blue Curve's modules, consisting of its create, process, comply and reach products, which will facilitate the production and distribution of the bank's research products at optimum levels of quality and efficiency. The client expects to see improved levels of customer service, as well as reduced operational risk in its research department as a result of the deployment of the software. The project will begin immediately with a phased approach, the first of which is due to go live in October this year. The system is proposed to be rolled out across the bank's global offices, including those in the United States. 'I am delighted that a major UK based bank has selected Mondas for this very important project.' said Jarlath McGee, Chief Executive of Mondas. 'Once again, Blue Curve has shown itself to be the product of choice for improving the operational processes of a large financial institution and underlines the strength and the global appeal of this product.' Mark Robertson, Director, Mondas Financial Markets Division commented: 'We are pleased that this major bank has chosen to use Blue Curve as its research production and delivery platform, as this demonstrates the appeal of the software across both equity and fixed income business areas, as well as from small to large firms.' 26 July, 2006 ENQUIRIES: Mondas PLC Tel: 020 7392 1300 Jarlath McGee College Hill Tel: 020 7457 2020 Alex Walters Matthew Smallwood Mondas Plc: Mondas' Financial Markets Division focuses on delivering asset-servicing solutions for global corporate actions processing, financial research and client reporting and the management of new issues and placings. Its key products include Radica CAPS, Signal and Venture and the Blue Curve suite of products. Blue Curve Blue Curve designs, builds and deploys enterprise solutions which improve the production and distribution of complex financial documents. Founded in London in 1995 and acquired by Mondas in 2005, the company now has offices in the UK and the US and serves customers throughout Europe, Africa and North America. Blue Curve is the recognised leader in software applications which improve the production and distribution of investment research, and is a major operator in the growing investment management research and client reporting markets. For more information, see http://www.bluecurve.net This information is provided by RNS The company news service from the London Stock Exchange
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