News Article

Julius Finance appoints Matt Barrie to Board of Directors

Julius Finance, a provider of advanced services and solutions in the $45 trillion dollar credit derivatives market, today announced the appointment of Matt Barrie to the company's board of directors.

Julius Finance, a provider of advanced services and solutions in the $45 trillion dollar credit derivatives market, today announced the appointment of Matt Barrie to the company's board of directors. Matt Barrie is a serial entrepreneur, as founder and CEO of Sensory Networks Inc., the leading developer of OEM high performance network security processors, and cofounder of Dilithium Networks Inc., the global leader in converged video solutions for mobile and broadband networks. At Sensory, Mr. Barrie over five years took the company from its genesis to over 70 employees, operating in four locations worldwide and supplier to vendors of network and security equipment including McAfee, LG, Astaro and others. Mr Barrie has raised over $27M USD in financing from venture capital, strategic investors and through government grants. Mr. Barrie is also a consulting lecturer at the Department of Electrical and Information Engineering at the University of Sydney.

"We are extremely pleased to have Matt Barrie join the company. Matt's capabilities and experience are a fantastic addition to the Julius Finance team", said Peter Cotton, CEO and Founder of Julius Finance.

Mr. Barrie holds two first class honors degrees in Electrical Engineering and Science, a Masters in Electrical Engineering from Stanford University, California and is a Graduate of the Australian Institute of Company Directors. In 2006, Mr. Barrie was awarded the State Pearcey Award for contribution to the ICT industry.

About Julius Finance
Julius Finance is a provider of advanced services and solutions to participants in the $45 trillion dollar credit derivatives markets. Julius develops arbitrage-free valuations of synthetic collateralized debt obligations (CDOs) which until now have been priced with largely unconvincing Copula models. Julius valuations are based on proprietary mathematical techniques which take into account the prices of all liquidly traded securities. In contrast, prior art technologies use only a segment of the data and are not guaranteed to be internally consistent.

For more information, contact:
Nicholas de Jong (Vice President Engineering and Operations)
Julius Finance
Phone:+1 (646) 378 2123
Facsimile:+1 (212) 313 9403
Email:press@juliusfinance.com