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New York, August 6, 2004 -- Savvysoft, the NYC-based derivatives software company, has won two out of four overall awards in Euromoneys first annual survey of global financial technology companies. Savvysoft garnered the top spot in the overall category of Service/Support, and the company also ranked first in the overall category of Return On Investment (ROI). In addition, Savvysoft was first in three other categories: Interest Rate and FX, Market Data, and FX, Derivatives.

In its first annual survey of financial technology, Euromoney contacted the clients of over 70 global financial technology companies and conducted in-depth customer surveys. Clients were asked to rate each companys performance on a scale of 1 to 100. In the overall category of ROI, customers gave Savvysoft the highest score of 97.1. In the overall category of Service/Support, Savvysoft finished with the highest average score of 98.7, indicating an unprecedented level of customer satisfaction.

"Savvysofts five first place finishes reflect the firms commitment to customer service," said Rich Tanenbaum, President and Founder of Savvysoft, "Its gratifying to learn that our customers hold Savvysoft products and support in such high regard. We work extremely hard at making sure we produce the best software products possible. But we also work equally hard at being there for every client whenever they need us, in whatever capacity they need us."

Full results of Euromoneys Financial Technology Survey are available in Euromoneys August edition.

About Savvysoft

Savvysoft is a New York City-based provider of high-caliber OTC derivatives analytics, portfolio and risk management systems, and market-implied corporate default rates. Savvysofts analytical products handle OTC derivatives in many markets including: equities, interest rates, FX, commodities, convertibles, MBS, electricity, energy, and credit. Savvysoft products are used by thousands of institutions in 15 countries worldwide. The institutions include top-tier banks, dealers, brokers, money managers, energy suppliers, corporate treasurers, auditors and consultants. Savvysoft was founded by Rich Tanenbaum, the head of Derivatives Research at Bankers Trust (now Deutsche Bank). Rich was a founding member of the first OTC derivatives desk on Wall Street at Bankers Trust. Savvysoft's corporate headquarters are located at 17 State Street, 4th Floor, New York, NY 10004 U.S.A. Tel: +1 212-742-8677; Fax: +1 212-425-8677; Web: www.savvysoft.com, www.turboexcel.com

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