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MacGregor Executive Appointments

September 26, 2001 - Boston, MA

Macgregor™, a global provider of buy-side trade order management systems (OMS) and FIX network services, announced today three recent appointments to its management team.

Rob Flatley joins Macgregor as EVP, Sales and Marketing, where he will head up all OMS sales and marketing activity including strategic alliances and client management. Mr. Flatley has extensive sales and marketing management experience, most recently serving as SVP, Worldwide Sales & Marketing, at Financial Technologies International (FTI), where he built and managed the global sales and marketing team. Prior to FTI, Mr. Flatley was a Regional Sales Manager at Financial Decision Systems. Before embarking on his sales career, Mr. Flatley worked for KPMG and Deloitte & Touche.

Martin Courage joins Macgregor as SVP, Client Management, reporting into Mr. Flatley. Mr. Courage previously held senior management positions in Private Client Brokerage, Private Client Group, Operations, Client Services and Shareholder Services at Fleet/Quick & Reilly. Prior to that, Mr. Courage served as SVP, Strategic Clients Group, at Fidelity.

Finally, Thomas Chippas joins Macgregor as VP, Sales, also reporting into Mr. Flatley. Mr. Chippas previously served in sales positions at FTI, including Vice President of American Sales Steven Levy, President and CEO, Macgregor, commented, "We believe that practical expertise must be systemic throughout our organization, and you can see this reflected in our senior management. Our team is comprised of industry experts in fields ranging from product development and trading system technology to finance and HR. These new executives bring with them decades of experience in client management and sales within the financial industry, which will help build more continuity into our relationships with firms as they transition from prospect to client."