Calypso Technology Appoints Denise Pierre as Senior Vice President of Human Resources

San Francisco, CA, November 2, 2011 – Calypso Technology, Inc., a global application software provider of an integrated trading, risk and processing platform to financial institutions and corporate treasuries, today announces the appointment of Denise Pierre as Senior Vice President of Human Resources (HR). Denise brings with her over 21 years of HR experience in the global technology industry.

In her new role, Denise has global responsibility for all strategic and operational aspects of the human resources function including organizational design, change management, talent acquisition, staffing, succession planning, performance management, compensation and benefits, employee relations and legal compliance.

Denise joins at a critical time in Calypso’s growth. She will be tasked to implement an HR strategy that will enable the company to achieve its aggressive growth targets. To this end, Denise will be responsible for instilling the appropriate disciplines, best practices and organizational structure required.

"In large part, Calypso’s growth can be attributed to the talent of our people – we’ve always been committed to bring on the best and the brightest in the financial technology industry. Denise will be instrumental in helping us to accelerate our organization’s growth and scale in order to serve diverse markets and geographies," states Kishore Bopardikar, President of Calypso Technology. “We are excited to have Denise join our leadership and our company.”

Prior to joining Calypso, Denise was Vice President of HR at Veraz Networks, where she was fully responsible for leading global strategic and operational HR activities.

Prior to that, she was Vice President of HR at Teralogic Inc., where she was responsible for all strategic growth initiatives and Global HR management for the privately held company.

Denise states, “I am excited to join Calypso. I truly believe that the company has a unique value proposition and a state-of-the-art solution. I’m looking forward to contributing my experience and expertise on people and organizational issues as well as providing guidance on managing complex employee relations.”