Goldenhill assists CAfIT Limited
in Sale to Odyssey Financial Technologies
Advises in sale of specialist front office fixed income and derivatives software provider

LONDON - May 21, 2007 - Goldenhill Technology Advisors llp (www.gtallp.com) today announced that it acted as exclusive advisor to CAfIT Limited ("CAfIT") in its sale to Odyssey Financial Technologies ("Odyssey").

Founded in 1997 by Jem Tugwell and Raquel Elias, CAfIT provides advanced front office Fixed Income, Derivatives & Balanced Fund software solutions to leading international asset management institutions and more recently to the specialist and alternative investment markets. CAfIT's emphasis is on developing scalable solutions that help businesses to streamline the investment process. The product suite is firmly aimed at providing added value to the Front Office by delivering leading-edge functionality for the key aspects of portfolio management (portfolio modelling, trade construction, risk, performance and attribution). Mr Tugwell and Ms Elias will continue to lead their team as part of a larger Institutional Asset Management group within Odyssey, the leading provider of private banking & wealth management software solutions. Odyssey's acquisition of CAfIT considerably reinforces Odyssey's solution set for asset management. It positions Odyssey as the leading vendor of a single front/mid-office systems platform applicable throughout the entire investment and wealth management sector.

Raquel Elias, CAfIT's Commercial Managing Director, in commenting on the transaction stated, "This is an exciting move for CAfIT and we are delighted to become part of Odyssey Financial Technologies. Our existing customers will without doubt benefit from the combined strength of the Odyssey and CAfIT Research and Development teams, matched by Odyssey's corporate strength and extensive global support network. The combination of Odyssey's product range and the proven CAfIT solution creates a powerful new Front Office solution set for portfolio management, enabling us to reach out to new markets, as well as improving the service to our existing customer base." CAfIT's customers will also have the opportunity to take advantage of a wider range of investment management solutions available through Odyssey Components and the market-leading Relationship Manager and Portfolio Manager Workstations, including workflow integration and enterprise data management.

Commenting on the contribution of Goldenhill Technology Advisors to the transaction process, Ms. Elias said, "Goldenhill did an excellent job throughout the sale process, were very responsive and always available when required. They managed and led the conversations with potential buyers, and when we selected our preferred partner, Odyssey, they were able to drive a programme of complex negotiations and also worked on collaboration and integration issues. The level of commitment, drive and enthusiasm for the deal was unwavering, and their domain knowledge of our business area proved essential not only in selecting the initial list of potential strategic buyers, but also in evaluating the detailed strategic fit with each of our shortlisted acquirers. It was a delight to work with Goldenhill and we would definitely recommend them to others".

About CAfIT

CAfIT was founded in 1997 by Jem Tugwell and Raquel Elias, recognising a niche market opportunity for dedicated Fixed Income, Derivatives and Balanced Fund software. The CAfIT team comprises experts across all areas of Fixed Income and Derivative applications, majoring on the buy side, matched by extensive state of the art technology and implementation skills. CAfIT's emphasis is on developing scalable solutions that help businesses to streamline the investment process.

The current product suite, available as individual components or as an integrated solution, includes the flagship FIPA portfolio analytics and modelling system; APRE - for sophisticated performance, risk and attribution across multiple asset types and strategies; REMIA - for comprehensive stress testing and scenario analysis; and the Analytics Engine - a centralised analytic, exposure and valuation calculation engine with comprehensive asset class coverage, allowing enterprise-wide distribution of consistent, accurate information. For further information, please visit: http://www.CAfIT.co.uk.

About Goldenhill Technology Advisors

Goldenhill's sole focus is to represent and advise our technology business Clients in merger and acquisition (M&A) engagements. Our engagements include providing services to Sellers or Buyers in M&A projects in the UK, USA and Europe with specific focus in software and service businesses. Please contact us at www.gtallp.com.

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