029 Group SE

Board/Management Information • Dec 23, 2004

News Details

Ad-hoc | 23 December 2004 08:30

Brainpower N.V.:New Chief Financial Officer at Brainpower

Ad hoc announcement §15 WpHG New Chief Financial Officer at Brainpower Brainpower N.V.:New Chief Financial Officer at Brainpower Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ermenegildo Beghé in charge effective January 1st, 2005 – William Holwell to leave the company after three successful years Brainpower NV (Deutsche Börse – Prime Standard: BPW), provider of analytic applications, technology and data management solutions to the investment management community, announces that Mr.Beghé will join Brainpower in the position of Chief Financial Officer (CFO) on January 1st, 2005. He succeeds William ‘Bill’ Holwell who is leaving the company after three years of successful work. ‘Bill has done an outstanding job for our company and I would like to thank him very much indeed for his work’, says Rocco Pellegrinelli, CEO of Brainpower. ‘Bill has been especially successful in shaping up an efficient and responsive organisation thus contributing in an invaluable way to the financial turnaround of Brainpower. Mr.Beghé has been working for the last four years as CFO for Biosearch Italia, a Milan – listed Company. Mr. Beghé and his team will be based in Lugano, Switzerland, which is a further step in the process of streamlining the company structure and operations and will result in further significant synergies. Rocco Pellegrinelli continues: ‘Ermenegildo brings to Brainpower a wealth of experience that will help us bring the company to the next level. His articulated knowledge of business analytics and his good connections in the investment community will expedite the process of business growth and will contribute to raise our visibility in the international investors community.’ Brainpower N.V. Herengracht 469 NL-1017 BS Amsterdam Niederlande ISIN: NL0000238228 WKN: 553169 Listed: Frankfurt; Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart End of ad hoc announcement (c)DGAP 23.12.2004 Issuer’s information/explanatory remarks concerning this ad hoc announcement: ABOUT BRAINPOWER Brainpower provides analytic applications, technology and data management solutions to the global investment management community. Brainpower’s distinctive approach to addressing the portfolio manager’s workflow delivers middle-office functionality and analytic power, and back-office reporting capabilities to the front office – on the fly. Customers include leading players in the fields of asset management, private banking and online financial services. Brainpower is currently represented in major financial centers including Amsterdam, London, Lugano, Milan, Madrid, New York and Zurich. For further information see: www.brainpowerweb.com or contact: Adam Stanford Director, Business Development Tel : +41 91 985 7070 Email: astanford@brainpowerweb.com End of message (c)DGAP 230830 Dez 04