San Diego, CA – March 25, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, announced today that it is opening new offices in New York City. The offices are located at 111 Broadway, in the heart of the Financial district. 

“The new offices in New York will expand our U.S. presence and bring us closer to our customer base throughout the eastern seaboard,” stated Jean-Luc Robert, Chief Executive Officer of Kyriba Corporation. “From implementation to corporate expansion, our mission is to provide world-class solutions and support to our customers – anytime, anywhere. Our consistent growth demonstrates the global corporate need for affordable access to a secure, reliable, and feature-rich web-based treasury management solution.”

 
About Kyriba Corporation
Kyriba is a leading provider of Treasury solutions delivered under the Software as a Service (SaaS) model. Customers use the automated online system to better control their daily cash management tasks including bank balances, transaction reporting, payments, cash positioning / forecasting, automated general ledger posting and investment 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 and provides seamless integration with third-party applications. Founded in 2000 and based in San Diego, New York, Paris, Milan, and Rio de Janeiro, Kyriba serves a global client base of more than 130 corporate treasuries, insurance companies and financial institutions.

Media contact:

Leslie Regino, Kyriba Corporation, 646-378-2131, lregino@kyriba.com

For more information, visit www.kyriba.com