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Access International Receives Series-B Funding
Jan 27 2003, New York City and Denver

Access International Financial Services, a leading provider of reference data management solutions for achieving straight-through processing (STP) requirements, today announced that it has closed a second round of financing led by Bessemer Ventures Partners and Opticality Ventures. This series-B round of financing will be used to support and expand the company’s product development and sales & marketing activities in North America and abroad.

“After speaking with many potential customers, vendors, and industry analysts relevant to this space, it is clear that Access has the potential to be the breakout leader with their product offering, the Global Product Suite™,” said Rob Stavis, partner at lead investor Bessemer Partners. “We believe that the most successful software companies unite a compelling technology with strong business execution and, given the significant market opportunity that exists today within the reference data space, believe Access International is well positioned and uniquely qualified to leverage these opportunities.”

“This is a tremendous vote of confidence for the Access vision and our team,” said Jeffry Metter, chairman and co-founder of Access International. “We are especially pleased to have attracted the quality and depth of investors that we have in this round. This investment will allow Access to grow of its business by increasing the product range, management team, and support organization.”



About Access International’s Global Product Suite™
The Global Product Suite™ is designed and implemented as the corporate product database that drives the processing of a real-time, multi-currency, multi-entity back office system. Access International’s Global Product Suite™ is comprised of three real-time application components:
Product Master – a robust reference application comprising comprehensive product data to support a global back-office system
Product Classification – a flexible tool that permits unique views of product information based on user-defined rules, updated in real-time via Product Master
Firm Price Management – a powerful database system for the collection and dissemination of multi-currency product pricing information



About Access International
Based in Denver and New York City, Access International Financial Services provides front, middle, and back office support to global market players using a unique approach to product reference data and back office applications to clear and settle cross border transactions. Access International provides real-time, multi-currency application software that delivers straight through processing (STP) across an enterprise in a consistent, timely, and cost effective manner.

To learn more about Access International, visit www.access-stp.com.



About Bessemer Venture Partners
Bessemer Venture Partners is a private venture capital firm that carries on one of the longest-standing venture capital activities in the country. In 1911, Henry Phipps established what was to become Bessemer Securities Corporation, BVP's principal limited partner, as an investment firm for the benefit of his descendants, starting with his share of the proceeds from the sale of Carnegie Steel. Since its inception, a central component of Bessemer Securities' charter has been to invest in and help build innovative, high-growth companies. Some of the companies that Bessemer helped establish or build in the early days include W.R. Grace, International Paper, and Ingersoll-Rand.

To learn more about Bessemer Venture Partners, visit www.bvp.com.





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