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Kyriba wins Financial-i’s Leaders in Innovation Award for the Second Year in a Row PDF
San Diego, CA – December 17th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, is pleased to announce that Financial-i Magazine has awarded Kyriba its Leaders in Innovation Award for “Most Innovative Cash Forecasting Solution” for the second consecutive year.

The Financial-i awards identify innovation leaders in categories encompassing securities services, treasury & FX, network services, data management and risk management. Kyriba was short listed based on research conducted by a team of journalists, including input from analyst firms. Short-listed companies were presented to an advisory panel comprising industry analysts and thought leaders. Their feedback was then used to help decide winners and companies to watch in each category.

“We are proud to have won this award again," stated Jean-Luc Robert, CEO of Kyriba. “It is further testament to what our clients are already saying about Kyriba and the power it gives them over cash visibility and working capital management.”

About Kyriba Corporation
Kyriba is a global provider of treasury solutions delivered under the Software-as-a-Service (SaaS) model. Customers utilize the online system to automate and better control their daily cash management tasks, including centralization of consolidated bank balance and transaction reporting, payments, cash positioning/forecasting, automated general ledger posting and investment, debt and FX portfolio reporting. The system automatically collects bank statements and facilitates automated cash, bank, and ledger reconciliations through Kyriba’s daily bank connectivity monitoring service. The solution also meets stringent Sarbanes-Oxley 404 audit trail, workflow, and control requirements while providing seamless integration with third-party applications. Founded in 2000 and headquartered in San Diego, Kyriba has offices in New York, Paris, Milan, Hong Kong, and Rio de Janeiro serving a global client base of more than 7,000 subscribers across several hundred corporations, insurance companies, and financial institutions.

Media contact:
Leslie Regino, Kyriba Corporation, 212-784-5584, lregino@kyriba.com
For more information, visit www.kyriba.com
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