Recognia Announces Expansion in Asia Pacific Region

September 1, 2009 - Recognia Announces Expansion in Asia Pacific Region and Appoints Industry Veteran to Lead Operation

Recognia®, the industry leader in actionable investment research tools for on-line brokers today announced an aggressive expansion drive in the Asia Pacific region with the opening of a new office, the appointment of an industry veteran to oversee operations and the recruitment of two channel partners.

This month, Recognia opened its third office in Kuala Lumpur, and appointed industry veteran Mr. David Garrard to serve as the company's Vice President of Asia Pacific for the region. Mr. Garrard has more than 30 years experience in the trading market, and has been instrumental in the development of the Recognia product suite, the underlying analytics and the extensive infrastructure required to deliver financial analytics to global clients.

NextVIEW, an established and innovative provider of financial information and trading systems in the pan Asian financial ecosystem has partnered to deploy Recognia's product suite through online brokers in the region. NextVIEW plays a key role in Asia Pacific by helping these brokerages deliver beneficial tools and education to their end users.

Religare Technova Global Solutions Ltd. of Bangalore, India, recently partnered to become an independent reseller of Recognia's product suite in India. Religare provides enterpise IT solutions to the capital and financial markets. Religare's domain expertise coupled with the ability to constantly innovate for a changing technology landscape enables it to provide market-leading software, services and solutions to the global financial markets.

"This expansion responds directly to increasing demand for web-based investment tools and the dramatic increase in adoption of on-line trading in Asia Pacific," said Rick Escher, Recognia CEO and founder. "Our actionable investment research products cover more than 50 exchanges in over 35 countries and as a result we offer the most global coverage of any product available today."

The Asia Pacific region is home to several of Recognia's valued customers including several of the largest banks in India. This expansion further enables Recognia's growth in the Asia Pacific region and the fostering of strategic relationships with customers to help them achieve their business goals.