LONDON, June 10 /PRNewswire/ --

- Seamlessly Integrated and Scalable Spreadsheet, Document
Management and Collaboration Solution Enhanced to Deliver Advanced,
Enterprise-Wide Control, Monitoring and Analytic Capabilities

Finsbury Solutions, a leading supplier
of spreadsheet management and compliance software to the financial services
sector, today announced the launch of the market's first enterprise-wide
spreadsheet management solution specifically designed for implementation on
Microsoft SharePoint 2007.

Spreadsheet Workbench, Finsbury Solutions flagship spreadsheet
management system, has been architected to offer seamless integration with
SharePoint and enhanced functionality for improved spreadsheet control, risk
management and compliance across organisations.

Jeremy Wood, director and co-founder, Finsbury Solutions,
comments: "Microsoft SharePoint is the system of choice for enterprise
document management and collaboration and by enhancing Spreadsheet Workbench
to seamlessly extend SharePoint's spreadsheet functionality, we have created
a powerful solution for the management and control of business critical
spreadsheets, from a single environment.

"Spreadsheet Workbench is quick to deploy, easy to use and
cost effective. It enables organisations to reduce manually intensive
spreadsheet based processes and assists with a wide range of business
functions including audit, risk and compliance, trading, operations, finance
plus client and regulatory reporting."

Spreadsheet Workbench's enhanced functionality includes:

- A spreadsheet management portal for rapid and remote
      deployment, enabling organisations to quickly and cost effectively
      rollout the solution throughout their operations globally.

    - A high performance spreadsheet comparison and analytic server
      for fast analysis of large and complex spreadsheets. This allows
      financial institutions to quickly identify spreadsheet problems,
      highlight irregularities and ensure compliance.

    - Spreadsheet key performance indicators for improved
      spreadsheet data transparency and the provision of real time management
      alerts set against user defined business criteria.

    - High availability deployment options provide increased
      resilience and disaster recovery capabilities for critical spreadsheet
      applications.



Bruce McKee, industry partner manager, Microsoft Financial
Services, adds: "Spreadsheet Workbench provides a scalable solution with
powerful analytic and monitoring capabilities that complement SharePoint
Server 2007 and allow organisations to manage detailed and complex
spreadsheets."

Issued on behalf of Finsbury Solutions Limited by Cre8Results

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. 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.

About Microsoft SharePoint

Microsoft Office SharePoint Server 2007 is a server program, and part of
Microsoft Office 2007. Office SharePoint Server facilitates collaboration,
provides content management features, implements business processes, and
supplies access to essential information.

For more information, visit: http://www.microsoft.com/sharepoint

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

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