pTools Software and Irish Stock Exchange’s SharePoint Implementation

pTools today announced the completion of a significant deployment of pTools Content Management Software (CMS) for the new ‘Transparency Initiative’ at the Irish Stock Exchange (ISE), the European leader for the listing of asset backed securities. The project builds on the existing pTools implementation of a multi-dimensional website using pTools CMS software in conjunction with the ISE’s SharePoint based systems. It serves to increase the level of data and documentation transparency in the asset backed securities markets.

pTools worked with ISE’s IT department to extend back-office systems to deliver financial product documentation to ISE’s Internet site. Technically, the Initiative is about exposing thousands of documents online that would otherwise have been locked inside in-house systems and unavailable to the market.

Commenting on the Transparency Initiative service for the Irish Stock Exchange Mr Gerard Scully, Director, International Primary Markets says: "Much of the debate on the current credit crisis has centred on the level of data and documentation transparency in the asset backed securities markets. As well as enhancing transparency this implementation will enable broader investor access to key documentation including investor and financial reports, without any impediments such as password protection.”

The ISE believes that provision of such information is consistent with current marketplace initiatives, such as those being coordinated through the European Securitisation Forum2 and will in due course come to represent industry best practice.

Commenting on the pTools deployment for the Irish Stock Exchange Mark Scully, Head of Information Technology at the Exchange says: "pTools' CMS provides us with an easily managed and user-friendly exchange focused information tool that can be readily deployed and utilised throughout the company. The technology fits our IT strategy and pTools allows users to manage content for their area of business and interact with other departments. The system is straightforward to backup and restore, and there is a small footprint to cater for."

Speaking about the project, managing director of pTools Software, Tom Skinner, said: “We increasingly see demand for pTools as an extension to business systems that deliver content to websites. This transactional content is often critical to the business and in the case of the Irish Stock Exchange Transparency Initiative the value of timely and accurate content and information is even more evident.”

pTools for Microsoft SharePoint was released in 2007 and extends core CMS functionality to enhance SharePoint content management deployment and to integrate content management tasks easily within a single application user interface and content repository. By using pTools for Microsoft SharePoint organisations can generate content within the CMS and expose this content as web-parts for SharePoint.

pTools is a leading mid-market enterprise content management software vendor providing high level feature functionality that delivers powerful content management for critical enterprise initiatives.

-ENDS-

For further information contact:

Julie O’Donnell, Bvisible Communications, www.bvisible.ie, julie@bvisible.ie,

(+353) 01-845 2401/ (+353) 087-1214913

Tom Skinner, pTools Software, Content House, 46 Stephen’s Place, Dublin 2, Ireland,

(+353) 01 - 678 9311, www.ptools.com

Note to Editors:

1. Issuers listing on the ISE will be able to make available the following information relating to listed ABS securities by posting it on the website of the ISE:

· The Prospectus

· Investor Reports

· Supporting documentation, such as indentures, collateral, swap and other related agreements

· Financial Reports.

2. The European Securitisation Forum (ESF) is an affiliate of the Securities Industry and Financial Markets Association (SIFMA). The ESF is the securitisation industry’s forum, converting ideas into action to enhance the growth and improve the legal frameworks and practices of securitisation across Europe. Our membership encompasses all aspects of the industry, including issuers, investors, financial intermediaries, rating agencies, legal and accounting firms, trustees, servicers, guarantors, and other market participants. www.europeansecuritisation.com

About pTools™ Software:

pTools is a leading developer of Enterprise Content Management software and Microsoft Gold Partner with headquarters in Dublin, Ireland. pTools ECM software is used to develop enterprise content application solutions for Intranet, Extranet and Internet systems for customers in private and public sectors in UK, Ireland and internationally. pTools software combines powerful ECM functionality with user-friendly interface and enterprise application architecture. For more information, go to www.ptools.com

About the Irish Stock Exchange:

The Irish Stock Exchange ("the Exchange") is a key element of the financial infrastructure of Ireland. Its roots stretch back to 1793 when the Exchange first opened for trading in Dublin.

As a regulated European stock exchange the Exchange has developed listing standards of the highest quality for its listed securities which include equities and corporate bonds of companies, covered warrants, government bonds, investment funds and specialist securities.

Trading on the Exchange is primarily conducted in the equities and Government bond markets on the ISE Xetra trading platform and EuroMTS platform respectively. The highest regulatory standards apply to participation in the Exchange's markets to ensure the protection of investors and the integrity of the market.

In recent years the Exchange has established a leading position globally in investment funds and specialist securities listings and this continues to be a growth area for the Exchange.