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Corporate Intellect
News Release - January 2003

Corporate Intellect becomes part of Finisco Group...

Today Finisco Group, a leading financial services and e-Business consultancy group announced the formation of a new company called Corporate Intellect. The new company is a joint venture between the Finisco Group and Dr. Sarabjot Singh Anand.

Corporate Intellect plans to be a leading provider of data mining tools particularly in the area of Predictive Analytics complimented with consultancy and training services. Core to the business is an award-winning series of data mining algorithms that can be incorporated in many applications. These have been developed by Dr. Anand in collaboration with a number of other leading academics at Universities throughout the world.

Dr Anand gained a B.A. Honours Degree in Mathematics from Delhi University before coming to the UK to complete a M.Sc. in Engineering Computation and a DPhil in Computer Science. Dr. Anand is a prolific writer in his field and is a leading academic in data mining who lectures and leads a data mining research team at the University of Ulster. He is a prominent leading advocate at numerous data mining conferences around the world.

Finisco's roots are firmly in the highly competitive environment of financial software engineering, but this new company sits alongside its two divisions Financial and e-Business further fulfilling the need to expand and develop to provide a comprehensive range of creative business and software solutions across many commercial sectors.

Commenting upon the new company, Finisco's Chairman and Chief Executive Martin Hand stated:

    "We have a long established business in the Financial Services sector which will be one of many vertical markets that have a need for the products and services offered by Corporate Intellect. It also provides a further opportunity to pursue other business sectors outside of the financial world".
More information is available here - http://www.corporateintellect.com

For more details contact:
Martin Hand, Corporate Intellect, 1 Cromac Avenue Belfast BT7 2JA
T: +44 2890 959 544, F: +44 2890 950 551,
E: martin.hand@corporateintellect.com

About Finisco Group
Finisco Group has two divisions; Finisco Financial provides a range of services to the global financial services market covering all aspects of banking, brokering and investment management; Finisco e-Business provides technology solutions in the area of e-business based productivity applications using the latest technologies to assist customers improve their Internet presence, generate real return from e-commerce and harness the emerging generation of wireless communications devices and networking capabilities. Finisco is committed to working in partnership with its customers to deliver timely and appropriate business solutions.
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