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Fincentric Appoints David Fleming as Vice President of Products and Services



Vancouver, BC, October 6, 2004 – Fincentric Corporation, a global provider of core banking and customer value management software, is pleased to announce the appointment of David Fleming to the position of Vice President, Products and Services.

As a technology business leader, Fleming brings more than 20 years of strategic software management experience to his new role, having held chief technology officer and vice president of product development positions at numerous organizations. He is r ecognized as a thought leader and top strategist in the international e-commerce and wireless communication IT industries.

At Fincentric, Fleming is responsible for defining the technical direction of Fincentric's products and professional services teams. He will ensure that product and service plans meets corporate objectives while delivering value to Fincentric's global clients and shareholders.

“David has a successful track record of effectively aligning technology to corporate goals and managing teams to deliver high-quality software products that are large-scale, complex and international in scope,” said Alice Laberge, Fincentric's president and CEO. "Having David on board is pivotal and adds tremendous value for Fincentric as we continue to move forward. His talent, leadership, and significant software technical knowledge complements our management team in Fincentric's commitment of providing innovative solutions for the financial services industry.”

"I'm impressed with the strength and quality of Fincentric's management team, employees and mission-critical software products,” said Fleming. "I'm very excited to be a part of this high caliber team and look forward to contributing to Fincentric's future growth."

Fleming came to Fincentric from World Gaming PLC, where he held a board director and chief technology officer position. During his tenure he was responsible for defining the technical direction of the company and managing all the technology of World Gaming's global operations.

Prior to this, Fleming was founder and chief technology officer at White Picket Defense Inc., a wireless security banking transactions solutions company. In this capacity, Fleming was the technical strategist and architect in a multi-billion dollar, global transaction network deal.

Fleming also founded e-Commerce Inc., Canada 's first web commerce company, providing e-commerce solutions and applications. There, he grew e-Commerce into one of the top five Canadian Internet companies in the 1990s, which was eventually sold to LGS Groupe. The entire business was then sold to IBM a year later.

Fleming attended the University of Toronto and York University where he studied astrophysics, computer science and mathematics. He is a passionate public speaker and has written many white papers on various internet, security, wireless, e-commerce, technology, and team building topics.

About Fincentric Corporation
Celebrating its 20th anniversary this year, Fincentric is a leading provider of core retail banking and customer value management software to the global financial services industry. Fincentric’s WealthviewTM family of integrated, customizable solutions provides a single consolidated view of the customer—enabling financial institutions to leverage customer knowledge to deliver personalized service and product offers, and develop profitable customer relationships. Fincentric has strategic alliances with Microsoft, Intel, HP, and other international partners and supports financial institutions in over 25 countries. For more information, call 604.278.6470.

Media Contacts:

Shella Evangelista
Tel: (604) 214-5710