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Lausanne, Switzerland, 2nd October - Odyssey Financial Technologies, the leading global provider of private wealth and asset management solutions and services, today announced the appointment of AndrΓ© M Boisvert to its board of directors. Boisvert, who has over 30 years' experience in the field of technology, will bring valuable input into formulating Odyssey’s aggressive growth strategy, which includes both geographical and product expansion.

Boisvert began his career in 1976 when he joined IBM Corporation, where he spent 13 years in a variety of senior management positions in R&D, sales and marketing. Boisvert went on to hold executive positions in some of the most respected software companies in the industry, including Oracle where he was senior vice-president of Worldwide Marketing and a member of the management committee, and Cognos Corporation. Additionally Boisvert has held key operational positions in companies such as SAS Institute Inc., the world’s largest privately owned software company, where he served as President & COO. He was also chairman and CEO of Sagent Technologies (NASDAQ:SGNT) where he successfully orchestrated its acquisition by Group 1 Software Inc. (NASDAQ:GSOF).

In 2004, Boisvert co-founded Pentaho Corporation, a leading open source business intelligence platform. As Pentaho’s chairman he plays an active role in strategic alliances and business development. Boisvert is also chairman of Compiere, the world’s leading integrated open source ERP & CRM Company, and Zenoss, an open source systems management company. Boisvert is also an outside director of UBmatrix Inc and Palamida Corporation.

Regarding his new role, Boisvert commented, "I am very pleased to have been invited to join the Odyssey board of directors which will oversee further international growth, fuelled by using the latest technology to help customers implement enterprise-wide wealth and asset management solutions.”

Antoine Duchateau, founder and CEO of Odyssey Financial Technologies said, "We are delighted to have someone of Andre's calibre joining our team. We look forward to leveraging his extensive expertise as Odyssey accelerates its strategy of providing a single, scalable private wealth and asset management platform to financial institutions, worldwide.”



About Odyssey Financial Technologies

Odyssey is an industry leader in the global provision of wealth and asset management solutions and services. More than 180 financial institutions in 30 countries have chosen Odyssey solutions; of the top 25 European banks, 15 are Odyssey customers. Odyssey focuses on providing a comprehensive range of components for portfolio management, advisory, customer relationship, compliance, risk, and analytics. The components are deployed on a single scalable wealth and asset management platform, facilitating the enterprise-wide implementation of solutions and data management. Founded in Luxembourg in 1995, Odyssey today has offices in the key financial centres, including London, New York, Singapore, Zurich, Frankfurt, Brussels, Geneva, Madrid and Tokyo. Odyssey’s operational head office and main development centre is located in Lausanne, Switzerland. Throughout this knowledgeable network Odyssey employs over 420 professionals.

For further information, please visit: http://www.odyssey-group.com.


UK Press enquiries to

Nicolle Farthing/Nicki Ferguson, Cre8 Results Limited
Email: odyssey@cre8results.com
Tel: +44 (0)20 7734 9199

Other Press enquiries to
Β©Odyssey Financial Technologies
Contact: ValΓ©rie Michiels
http://www.odyssey-group.com
info@odyssey-group.com
Tel: +352 4260801

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