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Electra Information Systems Launches New Corporate Website


Date: Friday, December 14, 2007
Author: ELECTRA INFORMATION SYSTEMS

Electra Information Systems, a leading provider of reconciliation, trade automation and settlements solutions, today announced the launch of a new corporate website. After several months of design, development and content review, Electra is proud to direct its clients, partners, and the general public to www.electrainfo.com.

Electra has redesigned its web site to more accurately reflect its position in the marketplace. The new site offers a more in-depth look into the company's broad range of services and capabilities. It features descriptions of each of Electra's offerings in the areas of post-trade processing.

"We wanted to develop a corporate web site that better reflected the focus and the growth of our Company," said John Landry, CEO of Electra. "The new site allows people to learn about our extensive range of products and capabilities and also gives them the opportunity to get to know us better as a company."

About Electra

Electra Information Systems, Inc., is one of the industry innovators in providing solutions for Data Aggregation, Reconciliation and Settlements. Electra brings unparalleled expertise in delivering highly effective, easily implemented solutions that are used by 40% of the top 50 financial services organizations and has become a market leader in providing reconciliation, trade automation and settlements solutions.

Electra customers cover the breadth of the financial services industry, including Custodial Institutions, Banks, Investment Managers, Hedge Funds and Insurance Companies. Founded in 1998, Electra is headquartered in New York City. For more information about Electra’s products and services, visit www.electrainfo.com.

Media Contacts:

Ian Danic

212-696-1595

idanic@electrainfo.com

ELECTRA INFORMATION SYSTEMS ANNOUNCES RECORD QUARTER

Announces Addition of Key Staff to Accommodate Growth

December 10, 2007 – New York, NY - Electra Information Systems, a leading provider of reconciliation, trade automation and settlements solutions, today announced record revenue and employee growth for the fiscal quarter ending September 30, 2007. The substantial demand for RecCollect and STaARS, the company's integrated post-trade processing software has resulted in the Company adding many leading financial institutions to its customer base, including Thomson Financial, Sansar Capital Management, Samson Capital, Wedge Capital Management, Bridger Capital, Stark Investments, and Bivium Investments, among others.

The success of the quarter was the result of Electra’s strong relationships with its increasing client base, coupled with the continued commitment to expand product and service offerings.

"The quarter was a significant milestone for the company and speaks to our ability to deliver the highest quality products to market," said John Landry, CEO of Electra. "It is particularly gratifying that many of the new clients were referred to us by our existing customers. We continue to see strong growth in the future and are scaling up our internal infrastructure to accommodate that demand."

Electra has added talent to accommodate the rapid business growth. Numerous positions were filled to support the growth in demand including client service personnel, developers, and sales managers. 

About Electra

Electra Information Systems, Inc., is one of the industry innovators in providing solutions for Data Aggregation, Reconciliation and Settlements. Electra brings unparalleled expertise in delivering highly effective, easily implemented solutions that are used by 40% of the top 50 financial services organizations and has become a market leader in providing reconciliation, trade automation and settlements solutions.

Electra customers cover the breadth of the financial services industry, including Custodial Institutions, Banks, Investment Managers, Hedge Funds and Insurance Companies.  Founded in 1998, Electra is headquartered in New York City. For more information about Electra’s products and services, visit www.electrainfo.com.

Media Contacts:

Ian Danic

212-696-1595

idanic@electrainfo.com