28 August 2008

Technology & Design in Partnership

Press Release

Brady Italia Appointed as Silicon Bay's Southern European Agent

17 January 2005

Silicon Bay is pleased announce the appointment of Brady Italia as their Southern European agent for distribution of their Universal Translator financial software suite. Brady Italia, based in Milan, Italy, will distribute Universal Translator in the Southern Europe and Mediterranean region, and appoint additional distribution agents to expand Silicon Bay’s sales and support network across Southern Europe.

The addition of Brady Italia to Silicon Bay’s portfolio of international agents allows the company to better service the European market with experienced personnel on-hand locally offering first line technical support and sales advice.

Brady Italia has operated in Italy since 1992, supplying Treasury and Trading and Risk Management IT solutions to Banks, Securities Firms and large corporations. The company has two offices in Milan and Rome, with a team of experienced financial, Information Technology and Project Management staff. Among the many Institutions which have chosen Brady Italia system, are: Banca d’Italia, Banco di Sicilia, Banco di Napoli, ING Bank, Banca Akros, Caboto Holding, Banca Agricola Mantovana, Locat (Unicredito Italiano Group), Ifitalia and Locafit (BNL Group), SBS Leasing (Banca Lombarda Group). Brady Italia also has a number of selected partnerships and alliances with major Italian Consulting and IT firms.

"We are very pleased to have Brady Italia join our team of agents. Brady Italia has worked with me on a number of successful projects in Europe over the past ten years and we are delighted to be working together again." stated John Davison, Silicon Bay’s Business Development Director. "Brady Italia is well placed to sell and support our products for corporate banks and large international companies. Brady Italia will also introduce Universal Translator to software development companies serving those same markets."