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MBRM
MBRM - MB Risk Management
29 Throgmorton Street
London EC2N 2AT
United Kingdom

Email: sales@mbrm.com
Phone: +44 20-7628 2007
Fax: +44 20-7628 2008

MBRM PRESS RELEASE
http://www.mbrm.com

Aug 2004

Foreword (1-December-2004):

The offer below (in the August-2004 press release) has now expired.

From 1 December 2004, we offer our Cygnifi derived software as a Global Site License (including Source Code) at a cost of GBP 250,000 (plus 30% per annum support fee) incorporating all our Cygnifi derived software in a bundle.

This exceptional offer is for unlimited internal use of all our Cygnifi derived software.

Over US$ 60 Million of development has gone into the Cygnifi software - which was subsequently acquired by MBRM :

http://www.mbrm.com/press_release_20030100_00.shtml

MB Risk Management (MBRM), founded in 1988, are pioneers and market leaders in analytics with 30,000+ users world-wide at major Investment Houses, Money Managers and Corporate Treasuries.

MBRM are pleased to confirm that purchasers of MBRM's exotic Interest Rate product "Universal LIBOR Market Model" (UNIVLMM) can use "Cygnifi" derived software FREE OF CHARGE. Source code sharing agreements are also available.

THIS OFFER IS FOR A LIMITED TIME ONLY AND CAN BE WITHDRAWN AT ANY TIME. USERS WHO TAKE UP THIS OFFER CAN CARRY ON USING THE CYGNIFI DERIVED SOFTWARE WHILST THEY CONTINUE TO USE UNIVLMM.

MBRM's policy over the last 16 years, as set by Dr. Mamdouh Barakat, MBRM's founder and Managing Director, has been to provide flexible dynamic and robust risk management tools at a reasonable cost.

As background to MBRM's acquisition of the Cygnifi software, please see Press Release:

http://www.mbrm.com/press_release_20030100_00.shtml

To simplify global roll-out, supported MBRM users can download and install the Cygnifi derived software from the MBRM Download Centre (http://www.mbrm.net/asp/DownloadCentre/) in sub group "MBRM - Cygnifi".

The one-time fee of Universal LIBOR Market Model Add-in is GBP 6,999 per machine plus the cost of support (see http://www.mbrm.com/pricelist.shtml).

A free fully functional 30 day trial of the UNIVERSAL ADD-INS can be downloaded from MBRM's internet web site : http://www.mbrm.com

The fine print :

All use subject to MBRM's standard terms (http://www.mbrm.com/standardterms.shtml).

The Cygnifi derived software must be installed on the same machine running a valid purchased license of Universal LIBOR Market Model (UNIVLMM) and must only be used whilst a valid support contract for that UNIVLMM is maintained.

For further information, please contact our Sales Team

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