RBC Global Services Australia and InfoComp jointly announce that RBC will install Composer.

SYDNEY, February 28 2005: Australian software developer InfoComp, together with RBC Global Services Australia (RBC GSA), today announced the adoption of InfoComp’s world-class fund administration platform, Composer. The system is scheduled to go live in May.

Alex Muto, Managing Director of RBC Global Services Australia, said, “a key consideration in our selection process was the need to support the wide array of product features associated with wholesale and mezzanine managed funds in the market today. Moving from our in-house system to a market-leading platform such as InfoComp’s Composer, provides us with an efficient and scalable solution to meet the expanding needs of our fund manager clients. We will now be able to configure funds and provide higher quality customised reporting to our clients”

Robert DeDominicis, CEO of InfoComp, said, “we look forward to working with RBC by assisting with their current business needs but also helping to develop their business further. Composer will provide a level of flexibility and choice to RBC Global Services that will enable them to accommodate their clients’ current and future requirements."

"RBC Global Services is another new client for us and makes for an exciting and encouraging start to 2005. They join InfoComp’s growing stable of global and large local financial institutions, which also includes Asteron (Promina Group), Credit Suisse, JPMorgan, Macquarie Bank, Merrill Lynch Investment Managers and Perpetual Investments,” he concluded.

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About InfoComp Established in 1988, InfoComp has evolved to become a provider of world-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.

About RBC Global Services Australia RBC Global Services offers specialized transaction processing services to business, commercial, corporate, and institutional clients in domestic and select international markets. Key businesses include: global custody, investment administration, correspondent banking, cash management, payments and trade finance. With more than C$1.6 trillion in client assets under administration, it is a leading provider of securities services worldwide and Canada's largest custodian. It is also a leading provider of treasury management services providing a full suite of electronic cash management services. RBC Global Services facilitates a high volume of domestic and international payment services for clients around the world, and is the largest processor of Canadian dollar payments in Canada. It has specialists in London, Luxembourg, Dubai, Singapore, Beijing, Sydney, Mexico City, New York and across Canada.