NumeriX Ranked 16th; Up 30 places from last year’s rankings

New York, London, Tokyo –  October 20, 2006 – NumeriX, the award-winning, independent leader in pricing and risk analytics for fixed income, credit, foreign exchange, hybrids, cross currency, inflation rate and equity derivatives, today announced that the company is ranked 16th in the Chartis RiskTech 100 report, an annual study ranking the risk industry’s top technology companies based on a combination of functionality, core technology, organizational strength, customer satisfaction and market presence. NumeriX moved up 30 places from last year’s ranking of 46 – by far the largest jump of all the vendors evaluated.

NumeriX’s jump in the rankings can be attributed to the explosive growth of the derivatives market and the company’s commitment to innovation and customer satisfaction. According to the report, “ advances in quantitative techniques and financial engineering, supported by enhanced technological capabilities, have resulted in a constant stream of new value-added products appearing on the market. (One) vendor capitalizing on this opportunity is NumeriX.”

NumeriX scored extremely well in several individual category rankings. The company ranked 8th overall in customer satisfaction and 12th overall in market presence. Customer service rankings are based on a combination of value-formoney, after-sales service and support, and frequency and quality of product updates. Market presence rankings take into account market penetration, market potential and brand awareness and reputation.

“This ranking is a testament to our vision as a company,” said Steven R. O’Hanlon, president and COO of NumeriX. “NumeriX is in the middle of a period of tremendous growth, evidenced by our ranking alongside the industry giants in the category of market presence. Often organizations growing so quickly have a difficult time maintaining that course without sacrificing a commitment to their customers. This ranking validates the proper balance we have struck between growth and customer service.”

NumeriX has received several awards and honors for its pricing and risk analytics solution in the past year. In April, 2007, NumeriX was named Technology Company of the Year: Americas by Structured Products magazine. For more information or to download the full RiskTech 100 report for free, visit www.chartis-research.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].

Emily Ahearn
Director of Public Relations
Numerix
Phone 646 898 1294
Email: eahearn@numerix.com

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