More than forty new customers chose the Kyriba™ ASP Treasury Management platform in the first half of 2006 to gain enterprise-wide access, visibility, and control around treasury operations and liquidity management. The transparency achieved and level of control realized with Kyriba’s solution enable Sarbanes-Oxley compliance while providing a holistic view of financial information, relationships, and fees on a local, national and global scale.

Spanning a wide range of business sectors, including financial services, manufacturing, shipping, technology, food and business services, some of the recent customer acquisitions include:

• Swift & Company, the #3 fresh meat processor in the US with $10.7 billion in global revenues
• Central Parking Corporation, the #1 parking-lot operator in the US with $1.1 billion in revenues
• Nuance Communications, Inc., a leading provider of digital imaging software and speech technology for voice driven menus and speech verification with $500+ million in revenues
• Atlas Air Worldwide Holdings, an international freight services company generating approximately $1.4 billion in revenues
• Kronos Incorporated, experts who deliver an integrated suite of software and services that empowers organizations to effectively manage their workforce
• GFI Group, Inc., a global inter-dealer brokerage with $500+ million in revenues

“Kyriba’s rapid growth in North America exemplifies the value CFOs and Treasurers place on achieving financial visibility and the strategic utilization of cash and working capital.  Our expanding client base represents the broad applicability of Kyriba’s solutions across multiple industries regardless of location and company size.  Kyriba is now reaching beyond the corporate sector to municipalities, consortiums, government entities and educational institutions,” commented Jean-Luc Robert, Kyriba CEO. “Furthermore, Kyriba’s flexible and scalable ASP model allows both the Fortune 500 and growing organizations alike to rapidly deploy best-in-class technology to all those contributing to and/or requiring access to mission-critical financial information.”

Kyriba’s clients, while diverse in their core operations, share a universal goal to optimize cash and liquidity management throughout their organizations on a local, regional and global scale.  By leveraging the power of the Kyriba Hub for direct connectivity to all banking partners, they gain a consolidated, real-time view into cash balances worldwide, centralized wire / ACH execution, automated pooling procedures, sweeps, ZBAs, and more.

About Kyriba
Kyriba empowers customers to achieve an economic advantage with treasury solutions that enhance visibility and operational control. Over 150 corporate clients, including Interpublic Group of Companies, Commerzbank, Colas S.A., Ferrero, and Peugeot use Kyriba solutions globally. As the market leader in real-time, web-based on-demand Cash Management, our affordable tools and services put customers in control of their liquidity, forecasting and treasury management needs while meeting Sarbanes-Oxley 404 audit trail workflow and control requirements. Founded in 2000, the company has North American headquarters in San Diego, CA and European headquarters in Paris, France. For more information, please visit www.kyriba.com.

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© 2006 Kyriba Corporation. All rights reserved.

Media contact:

Scott Montigelli, Kyriba Corporation, 201-863-6293, smontigelli@kyriba.com