OASIS renews Composer contract with InfoComp Contract renewals reinforce Composer as the leading software platform for funds administration.

SYDNEY, July 16, 2004: Australian-owned software developer, InfoComp, today announces the renewal of its Composer contract with valued customer OASIS. The OASIS contract renewal reinforces Composer’s position as Australia’s leading software platform for funds administration.

Robert DeDominicis, Chief Executive Officer of InfoComp said, “Since its launch in 1999, Composer has performed above and beyond expectations for all its users”. “We are dedicated to continually improving Composer in conjunction with our clients. It is critical to our business model and we are proud of the relationships that we have formed with our clients so it’s very rewarding for us to be able to make announcements such as these.” OASIS originally signed on as a Composer customer in 2001. Since then Composer has become integral to the success of the business by providing a sophisticated funds administration platform to attract dealer groups to its then fledgling Australia operations.

Bruce Tustin, Managing Director at OASIS said, "The decision to extend our partnership with InfoComp for a further term was based on the integral role Composer has played in the success currently enjoyed by OASIS. We recognised very early the importance of technology as a core component of our business and we are committed to staying ahead of our competitors in this area."

Robert DeDominicis concluded, “InfoComp has always maintained a strong commitment to its customers and, in turn, this commitment is repaid by OASIS. As such, more Australian and international organisations are showing increased interest in Composer as a sophisticated and affordable platform.”

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About InfoComp

Established in 1988

InfoComp has evolved to become a provider of first class software solutions to the financial services sector. Since inception, InfoComp has achieved consistent growth and profitability and currently boasts a client list that includes some of the largest and most respected corporations in Australia. InfoComp's software solutions, Composer (Funds Administration), Conductor (Electronic Messaging) and Unison (Registry processing) are based on open standards and incorporate products from leading technology suppliers including Sybase, Staffware, eistream, Adobe and Data Junction.