Bernard Pittet has been appointed Chief Operating Officer at IRIS integrated risk management ag

Zurich, September 4, 2007 – IRIS integrated risk management ag (www.irisunified.com), a leading provider of unified financial analysis solutions for financial institutions, announced today the appointment of Bernard Pittet as its new Chief Operating Officer.

Mr. Pittet graduated as Bachelor of Engineering with postgraduate studies in management.

Several courses completed at INSEAD and Stanford University round up his management experience.

Before joining IRIS AG, Mr. Pittet occupied diverse management positions in large Groups such as ABB and Siemens as well as in smaller organizations. Moreover, he brings a rich worldwide experience acquired in a variety of business sectors.

“In these busy days where IRIS is expanding its solutions’ scope and services to new industries and territories, we are very happy to have a professional manager on board who will share with IRIS his growth and globalisation experience”, commented IRIS CEO Jürg B. Winter, to whom Mr. Pittet will report.

IRIS AG (www.irisunified.com), founded in 1992 in Zurich, continuously develops, maintains and supports its riskpro™ financial analysis infrastructure. Delivery, implementation and consulting are executed worldwide by IRIS AG and in cooperation with a number of local partners.