Calypso Technology Appoints Chris Zingo to Head Global Sales Efforts

New York, January 11, 2011 — Calypso Technology, Inc., a global application software provider of an integrated trading, risk and processing platform to financial institutions, clearing houses and corporate treasuries, today announced the appointment of Chris Zingo as Senior Vice President of Sales. Chris brings with him a wealth of experience in sales at leading financial services solutions providers.

Chris joins Calypso Technology from SuperDerivatives where he was Senior Vice President of Sales & Support. While there, he was instrumental in the development of strategy, structure and talent in the Americas, facilitating a significant double-digit growth rate throughout his tenure. Prior to that, he was Managing Director of North American Sales at Thomson Reuters, where he was responsible for various senior management roles, including leading the Corporate Services Division to record growth in 2007, and integrating the institutional sales divisions into customer-centric verticals across Asset Management, Sales and Trading, Transaction Services, & Wealth Management. Chris joined Thomson Reuters from Bloomberg where as Vice President of Sales, he managed top-performing regional sales divisions.

As SVP of Sales, Chris will be responsible for the overall sales strategy for the company, managing the Regional Sales Managers in Europe, North America, and Asia-Pacific. He joins the company at an important and opportune time in the company’s growth. A major part of his role will be to develop and drive the strategy that will enable Calypso to continue, since inception, its consistent growth in revenue, customers and employees. To this end, his stated mandate will be to instill a culture of execution, learning and discipline that will enable the company to leverage its scale and depth across geographies. Chris will report directly to Calypso President Kishore Bopardikar.

“I’m excited to be joining Calypso,” comments Chris. “The firm has an impressive track record of success and I believe it is well positioned for deeper market penetration and growth. I’m looking forward to helping to expand our sales efforts across the globe, especially in new regions where there is an acute need for a solution like ours.”

Mr. Bopardikar says, “We have an aggressive and focused vision to be the provider of choice to the world’s leading financial institutions. Calypso delivers leading-edge technology, unparalleled support, and access to the market’s most experienced technology experts. As part of this goal, we’re committed to bringing on top talent and Chris is one of these people. He brings passion, dedication, and experience with him and we’re pleased to have him on board.”