Calls software provider an “analytics powerhouse”

New York, NY – November 10, 2006 – NumeriX, the leading analytics player in derivatives pricing software, announced today that it has been named Technology Company of the Year by Structured Products magazine for providing analytics software and technology solutions for retail and private banks across Europe.

Structured Products’ editors, writing in the November 2006 issue of the magazine, NumeriX has secured the award because it “has built strong partnerships with other technology firms to ensure its analytical software can be deployed in most banks’ systems. Its software has improved the efficiency of the European structured products market by enabling retail banks to price and risk-profile their own products.”

Structured Products, are awarded annually and announced at the Structured Products Europe event in London, November 7-8.

NumeriX’s industry-proven analytics ensure consistent pricing across all asset classes and can be embedded, resold, leveraged for consulting or used as a stand-alone pricing tool. The company’s unparalleled expertise encompasses quantitative research, product support and financial engineering teams, including experts in theoretical physics, computer science and applied mathematics.

"With this award, Structured Products is affirming the hard work we have done to deliver value to our partners and customers in this rapidly growing segment of the market,” said Nick Haining, managing director, EMEA, for NumeriX.

“We are proud of our work in this sector and honored to receive this award.”

About Structured Products
Structured Products is the only magazine dedicated to the wholesale market for derivatives-based investment products.

The magazine covers the fast-growing market for guaranteed equity products, structured notes, index products, alternative investments and funds of funds. It crosses equity, fixed income, commodity-linked and other sectors. Each month Structured Products brings you news, features, regulatory data, commentary and profiles of this fastdeveloping sector.

Structured Products is published by Incisive Media, a fast-growing specialist business information provider operatingin six core markets – financial risk management, retail investment, insurance, mortgage, capital markets/financial IT and photographic. The Group delivers key information to defined target audiences across a variety of platforms including magazines, conferences and exhibitions, websites, newsletters and databases. For more information, visit www.structuredproductsonline.com.

About NumeriX
NumeriX is the award-winning, independent leader in pricing and risk analytics for fixed income, credit, foreign exchange, hybrids, cross currency, commodities, inflation rate and equity derivatives. NumeriX has a financial engineering and quantitative team composed largely of PhDs on the same scale as the very largest of financial institutions. More than 300 clients across 25 countries rely on NumeriX for speed and accuracy in valuing their structured products and derivatives. Trading and risk platform vendors leverage NumeriX analytics to gain a time-tomarket advantage by embedding the power of NumeriX into their systems. Founded in 1996, the company is privately held and has offices in New York, Toronto, London, Paris, Singapore Hong Kong and Tokyo.

For more information visit www.numerix.com or on Bloomberg at NUMX [GO].

Contacts:

James Jockle
NumeriX
+1 646-512-5824

Dan Gaffney
LEWIS PR
+1 617-226-8844

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