Reval Names Wincor-Nixdorf's Brad Waugh to Board of Directors

Wincor-Nixdorf's U.S. President & CEO Brings Wealth of Entrepreneurial Experience in Strategy, Sales and Marketing

New York, NY, Feb 12, 2008

Reval, a global leader in financial risk management solutions and services, today announced the election of Brad Waugh to its Board of Directors. Waugh is the President & CEO of Wincor Nixdorf USA, one of the world's leading suppliers of IT solutions to the retail and banking industries with operations in over 90 countries. Waugh is responsible for the performance of Wincor-Nixdorf's U.S. operations in retail, banking and services, including marketing and sales. He works closely with Wincor-Nixdorf GMbh to execute its business development strategy and company plans to drive the focused expansion of the North American IT services infrastructure.

"We're extremely excited to have Brad Waugh join Reval's Board of Directors," said Jiro Okochi, Reval's CEO and Co-founder. Brad's success as President & CEO of a fast-growing, industry-leading company, coupled with his sales and marketing expertise make him an ideal and strong addition to our Board. We look forward to Brad's contributions helping advance Reval's leadership team."

Before Wincor-Nixdorf, Waugh previously served as founder, President & CEO of Watch Hill Partners (WHP), a venture-backed CRM (Customer Relationship Management) consulting firm that specialized in the optimization and mobilization of sales force and service-level automation of financial services companies. Prior to his executive roles at Watch Hill Partners and Mastercard Advisors, Waugh was Executive Vice President of Covansys, Inc.

Waugh received his bachelor's degree in Marketing and Management Information Systems from Boston University where he was also on the Board of Directors for the school of management. In 2004 he won the Technology Award for Entrepreneurship from the Entrepreneurship Forum of New England (EFNE).Waugh currently serves on the Board of Directors of Point Judith Capital, Blue Cross & Blue Shield, and Antenna Software.

About Reval

Reval ® is the leading derivatives risk management solution provider delivered under the Software as a Service (SaaS) model, for companies hedging foreign exchange, interest rate, energy or commodity risk. Designed for financial professionals by financial professionals, Reval's fully hosted web based solutions help companies follow the requirements of derivative hedge accounting (FAS 133, IAS 39, CICA 3865) and gain better controls to support Sarbanes-Oxley compliance. The benchmark for treasury best practices, Reval's products can be rapidly deployed and are easily integrated with other systems. Founded in 1999 and based in New York, London and Sydney, Reval maintains a global client base of corporate treasuries, insurance companies and financial institutions that hedge with derivatives.

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