029 Group SE

Regulatory Filings • Dec 1, 2000

News Details

Ad-hoc | 1 December 2000 11:34

Ad hoc-Service: Brainpower N.V. English

Ad hoc-announcement edited and send by DGAP. The sender is responsible for the contents of this announcement. —————————————————————————— American Express investment management team goes for gold with Brainpower Brainpower decision support tools have been chosen by American Express Key members of the investment management group of American Express will be using the complete range of decision support tools from Brainpower. American Express, better known for charge cards, has a substantial investment management operation, well regarded for its top quartile performance according to recent industry league tables. Brainpower’s Finest family of products will be used by American Express with the aim of both underpinning and improving that impressive track record. The complete range of Finest tools has been purchased as a result of an in- depth three month evaluation. Finest will give American Express fund managers a number of key capabilities. The selection tools will help in identifying the best investment opportunities. The core analysis modules enable in-depth analysis and modelling of portfolios in a user friendly environment. The Editor interface to the existing in-house portfolio management system, means that fund managers and analysts will be able to perform meaningful analysis on real port- folios – rather than just in a theoretic sense. Dynamic Reporting gives a power reporting tool linked to live data and the capability to reconfigure and update reports at the click of a button. Rocco Pellegrinelli, CEO of Brainpower, said: “We are delighted to welcome American Express as a client and see this as further evidence of the strong appeal of our products for blue chip financial institutions.” Gavin Corr, Chief Investment Officer at American Express commented, “We decided to purchase Finest after a successful evaluation, and expect it to benefit American Express investment management in a number of key areas. Finest will be very useful from a portfolio management perspective, a risk management and a marketing perspective.” Background information on American Express and Brainpower is provided on the following page. For further information please contact: Mark Wells, COO Andreina West/Mary Phillips Brainpower NV PR Artistry Limited Tel: +44 (0) 1753 578 174 Tel: +44 (0) 1491 636191 Email: mw@brainpower.ch Email: andreina@pra-ltd.co.uk End of Message