LONDON and NEW YORK, May 6 /PRNewswire/ --     GoldenSource Corporation, a global software provider of Enterprise Data
Management (EDM) solutions for financial and securities institutions
worldwide today announced strong sales of its solutions in London, Brussels,
New York and Toronto during the first quarter of 2008. Across all of its
market segments, the company reported five new contract wins with an
expanding customer base, and one significant upgrade with an existing client.
As well as securing new contract wins with Tier 1 organizations in New York
and London, markets where the firm has always been a leading supplier,
GoldenSource has signed contracts with organizations in new regions. These
new contracts represent sales in the buy-side, the sell-side and asset
servicing financial services market segments. Such uptake in sales shows that
the GoldenSource EDM message is gaining momentum across the range of
financial services firms - particularly as institutions strive to improve the
quality of data feeding their risk control and regulatory reporting
applications, helping them compete more effectively in volatile markets.

"At the end of 2007 several analysts predicted that EDM would remain high
on the agenda of financial institutions throughout 2008. While spending on
some projects is being scaled back or postponed, we are witnessing that
funding and support for EDM projects is holding strong. The credit crisis
combined with the view that data should be managed as a strategic company
asset is fuelling this trend. For the same reason, we're also starting to see
buy-in into practical EDM projects from asset management firms," said Mike
Meriton, CEO at GoldenSource. "These new wins span all three critical EDM
data sets, with significant contracts focusing on security master
capabilities, single view of the customer projects, and standardized
transactions and positions. These contracts validate GoldenSource's unique
market position as the only credible supplier that can pull together all the
data that makes a difference to firms' performance and risk control."

The new contract wins comprise licenses for the entire GoldenSource EDM
solution suite, as well as licenses for specific applications that form part
of the suite - including GoldenSource Securities & Products, Customer &
Counterparties, Positions & Transactions and Connections. The GoldenSource
Securities & Products application allows organizations to create and share a
'golden copy' data repository for all financial instruments, including the
most complex structured products and OTC derivatives. The GoldenSource
Customer & Counterparties application creates a single repository for all
customer and counterparty data, allowing for a single view of the customer
and a holistic view of counterparty exposure. The GoldenSource Positions &
Transactions application allows customers to standardize and aggregate
transactional and positional data to feed into the integration and analysis
of financial and risk data. GoldenSource preconfigured Connections enable
customers to quickly source and integrate data from external sources, with
reduced project risk and implementation timeframes.

With growing awareness of the value EDM can bring to financial
organizations of all sizes, GoldenSource continues to attract top talent with
two new appointments. Sam Borowski, Head of Channel Partnerships has been
hired to manage the continued growth of GoldenSource's "Powered by" channel
sales, and Max Broggi will be responsible for account management in Southern
Europe, an emerging EDM market for GoldenSource.

At the same time, GoldenSource continues to invest in its infrastructure
by moving its EMEA headquarters to new and larger premises in London. The
state-of-the-art offices will allow GoldenSource EMEA to provide a better
service to its rapidly growing customer base with improved meeting and
training facilities. Going forward the GoldenSource London office will be
located on the third floor of Cardinal Court, 23 Thomas More Street, Thomas
More Square, London E1W 1YY. For general inquiries dial +44(0)207-977-6000
or email info@thegoldensource.com.

Notes to the editors

About GoldenSource

GoldenSource makes it easy to manage critical reference data. We offer an
integrated Enterprise Data Management (EDM) platform for the securities and
investment management industry. Our innovative products are designed to
create, maintain and distribute a trusted Golden Copy. Our unique data model
covers all financial instruments, customers and counterparties, and extends
to transactions and positions. The ability to connect, organise and aggregate
trusted information reduces risk, drives better decisions and helps our
customers achieve their goals.

As a pioneer of EDM solutions, GoldenSource powers managed data services
via the innovative Powered by GoldenSource(tm) program., Powered by
GoldenSource supports outsourced data management services for many of the
world's leading global institutions, including IBM, Broadridge, HSBC and
OpHedge.

For more information, visit http://www.thegoldensource.com

For more information: 

    UK press office
    Metia Ltd.
    Jon Angeloni/Daniel Diaz
    Tel: +44(0)20-3100-3500
    Email: goldensource@metia.com

    U.S. press office
    Metia Inc
    Tinne Teugels
    Tel: +1-917-320-6459
    Email: goldensource@metia.com