Calypso Integrates Copp Clark Professional Calendar Definitions into Calypso Fast-Track

San Francisco, CA, September 17, 2008 – Calypso Technology Inc, a global application software provider of an integrated trading application suite to the capital markets industry, today announced that it has integrated Copp Clark Calendar data definitions with its Calypso Fast-Track, a pre-configured application environment designed to expedite deployment of Calypso’s trading, risk and operations application. The native interface will enable Calypso users to seamlessly subscribe to an entire library of calendar files covering currency non-clearing days, bank/financial center holidays and exchange holidays. Copp Clark is a recognized provider of authoritative reference data on holiday observances affecting global financial markets as well as publications and software products for the trading community.

“We are excited to have partnered with the leading publisher of financial trading and settlement calendars,” states Gerard Rafie, VP of Marketing at Calypso. “Providing connectivity to leading market standard providers is an important objective of the Calypso Fast-Track team whose sole objective is to deliver faster, more efficient implementations.” Calypso Fast-Track is a product that provides a speed-to-market application environment designed to reduce implementation time and cost with pre-configured market data and interfaces, while providing full documentation, methodology and training.

“We are very pleased to be working closely with market leader Calypso Technology to provide seamless integration with our holiday data products,” comments Ron Marr, President of Copp Clark Professional. “We will continue seeking ways to simplify data maintenance and delivery for our clients. We look forward to insuring the integrity of holiday calendars for customers of Fast-Track.”

Pamplona Capital Management Selects Calypso SaaS for Credit Derivatives & Leveraged Loans

• Pamplona takes Calypso SaaS for new Credit Opportunity Fund
• First client to go live on recently launched Calypso SaaS

Vienna, Sibos, September 16, 2008 – Calypso Technology Inc, a global application software provider of an integrated trading application suite to the capital markets industry, today announced that Pamplona Capital Management LLP (Pamplona), a London-based specialist investment manager, has selected Calypso SaaS (Software-as-a-Service) to support its newly launched credit fund. Pamplona will use Calypso SaaS as a front-to-back office solution for credit derivatives including leveraged loans, corporate and asset-backed credit.

Pamplona launched the Pamplona Credit Opportunity Fund (PCO) in September of 2008. With time to market as a key business driver, the firm was seeking a robust system that could support complex credit trading strategies and be implemented quickly. After looking at a number of systems, Pamplona selected Calypso SaaS as a turnkey solution. The hosted version of Calypso provides strong credit derivatives front office and processing capabilities, Out-of-the-box integration with leading 3rd party processing systems saves time, costs, and resources for the firm.

Pamplona also leveraged Calypso Fast-Track for ease of implementation. Calypso Fast-Track is product that provides a speed-to-market application environment designed to reduce implementation time and cost with pre-configured market data and interfaces, while providing full documentation, methodology and training.

“We see great opportunities in the credit markets and needed a solution that would both support our current complex trading strategies and scale with us as we grow,” says Yves Leysen, Partner at Pamplona. “With PCO launching in September, we chose Calypso because we recognized it as the market leader in credit. The SaaS version of Calypso was perfect for us because we can leverage both the sophistication of the Calypso platform and the short time-to-market and resource savings of a hosted solution.”

“We’re very excited to be announcing the first client to go live on Calypso SaaS,” says Charles Marston, CEO of Calypso. “We are committed to helping firms like Pamplona get funds up and running quickly and inexpensively so they can take advantage of market opportunities.”

Calypso Launches Second Generation of Calypso Fast-Track

• Calypso Fast-Track solution comprises best practices for implementation
• New instruments and modules added in new version
• Back-office streamlining highlighted
• Growing support from industry experts

Vienna, Sibos, September 15, 2008 – Calypso Technology Inc, a global application software provider of an integrated trading application suite to the capital markets industry, today announced enhancements to Calypso Fast-Track. Launched in 2007, Calypso Fast-Track is a pre-configured application environment designed to expedite deployment of Calypso’s trading, risk and operations application. The second generation includes enhanced accounting, reporting and additional instruments and currencies.

Calypso Fast-Track provides a foundation of proven solutions to the issues commonly faced during the initial stages of deployment. Calypso has experienced high demand for Calypso Fast-Track from customers requiring implementation within specific timelines and budgets. Because Calypso Fast-Track provides a pre-configured solution, customers are able to quickly realize the benefits of how Calypso’s front-to-back, cross-asset solutions work within their enterprise. Calypso Fast-Track also comes with full documentation and corresponding training courses to address any configuration issue. Customers can utilize the training to help teams and new hires quickly come up to speed on Calypso’s trading and risk management system.

Charles Marston, Chairman and CEO of Calypso Technology, Inc says, “Over the last few years, the markets have matured considerably and customers are ready to embrace the concept of best practices in the implementation of trading solutions. With the help of our consulting partners, Calypso has compiled the knowledge accrued from ten years of working with top financial institutions, along with the newest innovations in trading applications, and integrated these into the Calypso Fast-Track offering.”

The second generation of Calypso Fast-Track features a number of enhancements, including:

• Continuing addition of new asset classes and modules that can be implemented using Calypso Fast-Track
• Enhanced DTCC workflow
• Full profit and asset accounting
• More robust risk reporting

Rapid advances to Calypso Fast-Track have been enabled by wide adoption of the product by new and existing customers, as well as independent implementation partners. As a leading Calypso implementer, IBM has made considerable investments in the product’s development, committing resources to help with design and validation. “Calypso enjoys a critical advantage over its competitors with this product,” states Sanny Makki, Partner – Financial Markets at IBM. “Financial institutions are much savvier today when evaluating enterprise trading and risk systems, with more emphasis on scrutinizing implementation risks. Calypso Fast-Track enables prospective users to accelerate implementation cycles and gain high visibility into all aspects of the implementation.”

Gerard Rafie, VP of Marketing at Calypso Technology, notes, “We have incorporated Calypso Fast-Track into our internal and customer training programs offered by Calypso University. Our professional services team is committed to applying Calypso Fast-Track to every project. Our goal is to bring what we believe are much-needed industry best practices to achieve rapid deployment and reduced implementation cost and risk.”

Calypso is unveiling the new version of Calypso Fast Track at Sibos 2008 in Vienna to highlight the solution’s ability to streamline back-office order flow. Demos will be provided. (Booth C609)

Calypso SaaS enables rapid expansion into new business areas

• Calypso SaaS offers hosted version of enterprise solution for trading, risk management and operations for derivatives and treasury products
• Rapid deployment and lower cost of ownership

San Francisco, CA, September 10, 2008 – Calypso Technology Inc, a global application software provider of an integrated trading application suite to the capital markets industry, today announced the launch of its SaaS (Software as a Service) offering. Calypso SaaS provides a powerful enterprise trading and risk management application for treasury and capital markets in a managed, outsourced environment. The solution will address the needs of the increasing number of financial institutions which are focusing solely on their core business by outsourcing the management of applications and infrastructure, as well as support of their technology platforms.

For trading businesses, Calypso SaaS offers the power and sophistication of the Calypso Trading and Risk Management Platform in an environment which dramatically improves time-to-market while reducing IT and infrastructure costs. It is especially beneficial for customers seeking to achieve rapid expansion into new geographies or business areas with minimal capital outlay. Built and managed by a dedicated team of product and technical specialists, Calypso SaaS allows the deployment of the full range of modules that comprise Calypso’s front-to-back, fully integrated cross-asset trading software application suite. In addition, the SaaS solution is designed for ease of deployment and maintenance, available with built-in interfaces to market standard feeds and post-trade processing services. The hosted solution also benefits users with managed upgrades, ensuring that clients always have the latest product innovations at their fingertips.

Charles Marston, Chairman and CEO of Calypso Technology, Inc, says: “While many of our clients prefer to run their technology in-house, an increasing number of prospects and clients have expressed interest in an outsourced approach. We have addressed this challenge by developing Calypso SaaS, which essentially provides firms with all the benefits of an enterprise system – a comprehensive suite of cuttingedge trading applications – without any of the traditional infrastructure investment costs and lead times. The initial response from clients has been extremely positive, with the first users already coming onboard.”

Highlights of Calypso SaaS include:

• On-demand service: Calypso SaaS customers can choose the type of service they want
• Fast time-to-market: Calypso SaaS leverages Calypso Fast-Track for implementation and leverages the knowledge and lessons learned from over 90 clients
• Real-time position management: Customers benefit from user-defined views of real-time positions and P&L
• Consolidated risk management: Customers receive real-time and consolidated views on their risk exposures across asset classes
• Secure and robust platform – Calypso SaaS provides an industrial-strength secure data center

“Calypso is dedicating extensive resources to the SaaS offering and we are excited to be meeting diverse market requirements with an alternative delivery model of our robust and sophisticated, front-to-back, cross-asset solution,” continued Mr. Marston. “Already, Calypso SaaS is generating a great deal of interest from new business initiatives looking to capitalize on dislocations within the current credit environment where time-to-market is critical.”

The Calypso Trading and Risk Management platform is used by a wide range of financial institutions including global banks, regional banks, asset managers, insurance companies and hedge funds.