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MDSL hires new General Manager for US office

Growth and acquisition in the US demands increased management resource.

London and New York, July, 2007 - MDSL, the leading provider of OnDemand technology expense management solutions announced today that Simon Thomson is joining its management team as General Manager for the USA.

In this role, he will have responsibility for finance, administration, human resources and MDSL’s professional services business in North America. Thomson was previously with MDSL in 2002 and has also worked as CEO of Lipper Analytical and Chief Administrative Officer of Reuters. Most recently, he has been working as a consultant in the market data services industry for companies such as Hemscott and Brainpower.

Ben Mendoza, CEO of MDSL said: “With the acquisition of Union Square, our business in the USA has grown in size and complexity and Simon brings a wide breadth of experience to our team. His arrival will allow David Toomey-Wilson, President of our US operations and Ton Mathissen, former President of Union Square, to devote their full energies to sales, marketing and business development, thereby exploiting the powerful new sales proposition that the combination of MDSL and Union Square now offers. We are delighted to welcome Simon back to MDSL.”

Simon Thomson said:” This is a very exciting time to be joining MDSL and I am thrilled to be part of a world-class organization with tremendous growth potential. MDSL is perfectly poised to provide total expense management solutions to global customers.”