LONDON, April 8 /PRNewswire/ --

- Research Confirms Spreadsheet Control Products Can Reduce Risk and
Improve User Efficiency Without Affecting Flexibility

Finsbury Solutions, a leading supplier of spreadsheet management and
compliance software to the financial services sector, today announced that
leading analyst firm, Gartner, Inc., has rated Finsbury Solutions as
'Promising' in its MarketScope for Spreadsheet Control Products Assessment,
2008(1), written by Jay Heiser and David Furlonger, published on 11 March,
2008.

Finsbury's Spreadsheet Workbench is the market's only enterprise
spreadsheet control solution exclusively based on Microsoft SharePoint 2007.
It provides a flexible, enterprise-wide spreadsheet management and compliance
solution for the rapid control and development of business critical
spreadsheet applications.

Jeremy Wood, director and co-founder, Finsbury Solutions, comments: "We
feel this rating is a significant achievement for Finsbury Solutions, being
the newest entry to the market. We believe Gartner's evaluation validates our
growing presence as well as the significant role of spreadsheet control in
any organization's operational risk management strategy."

"Spreadsheets support a huge range of business operations from risk
management to financial and regulatory reporting. We are committed to
providing the highest levels of support for these core operations, delivering
the most intuitive and scalable enterprise spreadsheet management and
compliance solution available."

Spreadsheet control products, so the report explains, can provide 'better
levels of documentation for auditors and regulators' and can also 'arguably
reduce losses due to mistakes and even fraud'. In addition, research showed
that 'Overcoming their initial resistance, spreadsheet authors are finding
that these products not only improve the quality of their work but also save
time'.

Companies included in the MarketScope were evaluated based on six
criteria, including market understanding, marketing strategy, offering
(product) strategy, product/service, overall viability (business unit,
financial, strategy, organization) and customer experience.

About the Gartner MarketScope

The MarketScope is copyrighted 2008 by Gartner, Inc. and is reused with
permission. The MarketScope is an evaluation of a marketplace at and for a
specific time period. It depicts Gartner's analysis of how certain vendors
measure against criteria for that marketplace, as defined by Gartner. Gartner
does not endorse any vendor, product or service depicted in the MarketScope,
and does not advise technology users to select only those vendors with the
highest rating. Gartner disclaims all warranties, express or implied, with
respect to this research, including any warranties of merchantability or
fitness for a particular purpose.

About Finsbury Solutions http://www.finsburysolutions.com

Finsbury Solutions is a leading provider of enterprise spreadsheet
management and compliance solutions for the rapid control and development of
business critical spreadsheet applications in the financial services sector.
Its solutions build upon the key features of SharePoint 2007, providing an
affordable, familiar, user-friendly spreadsheet management and compliance
solution for the financial services industry.

Finsbury Solutions' Spreadsheet Workbench product benefits from the real
industry experience of the Finsbury Solutions management team, Jeremy Wood
and Adrian Maconick. It not only delivers rapid control over existing
business critical spreadsheets, but also facilitates the development of new,
more robust, scalable and supportive spreadsheet applications.

Formed in 2005, the company has operations in London and New York.
Clients include some of the world's leading financial services providers.

Notes to Editors:

Issued on behalf of Finsbury Solutions Limited by Cre8Results

(1) "MarketScope for Spreadsheet Control Products, 2008", 11 March 2008
by Jay Heiser and David Furlonger

For further information please contact:
    
    Finsbury Solutions:
    Jeremy Wood
    +44(0)20-7170-4075
    Jeremy.Wood@finsburysolutions.com

    Cre8 Results:
    Renske Law or Tania Vie Riba
    +44(0)20-7734-9199
    finsburysolutions@cre8results.com