Market Overview

Validis Names New CEO, Joel Curry

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New leadership to aggressively drive growth

Validis,
a pioneer of data sharing and standardization technology, has named Joel
Curry its new chief executive officer, effective immediately. With
offices in the U.K. and North America, Validis' technology is currently
used by three of the big four accounting firms and 80 percent of the
Tier 1 banks in the U.K.

Before being appointed as the company's CEO, Curry served as the general
manager of operations in North America. With more than 15 years of
experience, he spent most of his career at Experian, holding various
senior leadership positions and driving high growth businesses. His
primary focus has been software sales and business operations, both in
the U.S. and U.K. markets, which will be invaluable in positioning
Validis as a driving force in the U.S. lending market.

"My goal is to establish Validis as the market leader in
standardizing small and medium sized businesses' accounting data by
making our platform pervasive across the lending and accounting markets
in both the U.S. and U.K.," said Curry. "I am confident our team of
financial and technology experts will continue to fill the industry's
need for a fast and secure alternative to the traditional methods of
financial data collection and standardization. I look forward to
continuing to empower and deliver value to our clients and the industry
by providing advanced technology, allowing them to quickly and easily
automate the collection and consumption of their client's accounting
data."

Don Robert, non-executive chairman of Validis and chairman of Experian,
said, "With more than a decade of experience in growing businesses
within the financial industry, Joel will be an excellent leader for
Validis. He has a dynamic understanding of the industry, and I believe
his experience and leadership skills will be essential in driving future
growth."

About Validis

Led by experienced and influential finance and technology experts, with
headquarters in the United Kingdom and offices in North America, our
mission is to be the place where businesses come to share financial
data. Validis provides a data pipe for commercial lenders and
accountants to their client's accounting application. The technology
collects financial data from a business's accounting application and
transforms that data into a standardized format, empowering commercial
lenders and accountants with fast and secure access to financial data.
The system connects to online and desktop accounting applications used
by 80 percent of the SMB market, and is currently used by three of the
top four accounting firms and 80 percent of the tier one banks in the
U.K. For more information, please visit www.validis.com.

Follow Validis:

LinkedIn: Validis
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