SOURCE: Infonic

Infonic

April 21, 2009 08:10 ET

Alternative Investments Industry Solutions Provider Infonic AG Creates Advisory Board

Industry Leaders Endorse Products, Profitable Growth Path

ZURICH, SWITZERLAND, NEW YORK, NY and LONDON--(Marketwire - April 21, 2009) - Infonic AG, a leading provider of alternative asset management solutions, today announced the establishment of a Business Advisory Board and the appointment of two industry veterans, Virginia Gambale and Alexander Aebi, to leadership positions.

The creation of the business advisory board is a clear reflection of the continuous growth of Infonic AG in the face of pressure on the alternative investment industry for robust, proven operations solutions that deliver new levels of transparency to fund of hedge fund managers and investors. Infonic AG's HedgeSphere suite is a product solution for real time portfolio valuation and forward and backward looking position and cash management in the middle and back-office. Designed specifically for FoHFs, it is used by the largest and most innovative players in the industry.

"I'm delighted to have Virginia Gambale and Alexander Aebi lead our Business Advisory Board. Infonic AG has a long history of profitable growth. In these challenging times, our operations solutions for the alternative investment industry are even more relevant. The depth and breadth of our newly formed Business Advisory Board will serve the firm well as we continue to deliver innovative solutions to our clients," said Tom Furrer, CEO, Infonic AG.

Ms. Gambale, as the founder and Managing Partner of Azimuth Partners LLC, is an investor and technology leader with a long track record in developing growth strategies, business partnerships and orchestrating successful exits for technology and business service companies. She has served on over 20 public and private boards including: JetBlue, Motive, Workbrain, Synchronoss Technologies, and IQ Financial (Chairman), Knoa, Kurtosys Ltd., and 29West. Ms. Gambale has held senior management positions (including CIO) at global corporations including: Merrill Lynch, Marsh & McLennan, Bankers Trust Alex Brown and Deutsche Bank. She was also a partner at DB Strategic Ventures, ABS Ventures and at DB Capital Partners.

"Infonic AG is uniquely positioned to charter alternative asset managers through these turbulent times, facilitating not only their survival, but also their emergence as leaders in their sectors," said Ms. Gamble. "Infonic's HedgeSphere solutions have proven to be the prudent choice amongst the strongest players in the alternative asset management community. I'm delighted to join the team."

With over 40 years as a leader in the financial services industry, Mr. Aebi is highly valued for his industry insights and for helping firms devise and execute innovative strategies. He serves on the boards of FinOps AG (Chairman), Swiss Benchmarking AG (Vice Chairman), and other SMEs in Switzerland and Ireland. Previously, he served as a board director for BNP Paribas Services. Mr. Aebi has worked extensively as a business advisor and consultant including with SIX Group (Securities Division, Finanz, Card Solutions, Paynet), Bank Vontobel, Bank Coop, Basler Kantonalbank, Baloise Bank SoBa, Union Bancaire Privee, Bank Linth, Bank Sarasin, and UBS.

"Despite the current turmoil in the markets, alternative assets still need to find a home. Today's investors are demanding even greater levels of transparency into how funds are managed. Infonic has been delivering for the leaders in the alternative investment space for years. The company's HedgeSphere solution is essential to stand up to the increased scrutiny the industry is under today," said Mr. Aebi.

About Infonic AG

Headquartered in Switzerland, and with offices in Zurich and New York, Infonic AG is a leading provider of middle and back office software solutions to the fund of hedge fund industry. Its HedgeSphere product range debuted in 1999 and has been adopted by the largest and most innovative players in the industry. For more information about Infonic AG, visit www.infonic.net.

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