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Universal Data Interface Corporation opens European Office

New York, May 21st, 2001 - Universal Data Interface Corporation, an XML-based middleware company, today announced the opening of its European Office. The office will be located in London and will be managed by Mr Leen Broekhuizen.

UDICo's flagship product, TierBroker is a high-speed middleware product that converts high volumes of data and does large-scale transaction management in real time. Its TierBroker IDE allows the creation of conversion specifications quickly and easily by the editing of an XML document, and the TierBroker Server performs conversions and transaction management according to these specifications on a variety of platforms.

Mr Broekhuizen is a British national, and an English Chartered Accountant. He brings eleven years experience in financial services and IT project management to UDICo Europe. Having started his career in the audit practice at PricewaterhouseCoopers in London and Frankfurt, he moved to Dresdner Kleinwort Wasserstein in 1995, where he has been responsible for a broad range of IT and business process re-engineering projects in Frankfurt and London. He speaks fluent German and has a deep understanding of the business problems addressed by Tier Broker in the capital markets arena.

"This is a great day for UDICo," said Adam Greissman, UDICo's founder and CEO. "TierBroker has a long history in Europe, being deployed in large financial institutions in London and Germany."

On the opening of the European Office, Mr Broekhuizen said "I come to UDICo as a satisfied customer. We used TierBroker at Dresdner in 1997 when it was known as the UDI on a data warehousing project. It proved itself through speed, stability and ease of maintenance even back then, and it has come a long way since. There is tremendous potential in the European region for TierBroker to smooth the path to business efficiency in rapidly restructuring and integrating business markets, and we aim to tap that potential together with our strategic alliance partners.

About Universal Data Interface Corporation (UDICo)

UDICo is an emerging leader in the data integration needs of today's growing businesses. Founded in July 2000, UDICo's goal is "data without borders" for any enterprise that needs it: data that can be used quickly, openly, and seamlessly across disparate systems. This lets IT departments get back to mission critical projects without requiring the time and trouble to custom code solutions to myriad middleware problems. UDICo is based in New York City and is privately held. For more information, visit www.udico.com.


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