Fundtech Ltd.

Gil Gadot, executive vice president & chief technology officer, joined Fundtech in 1993. Gil is managing the Global Settlements Solutions division of Fundtech. Previously, he was senior vice president of operations-technology; he also served as vice president of research and development. Before joining Fundtech, Mr. Gadot was a senior project manager for DSSI, a leading systems and software supplier with operations in Israel and the United States. He has more than 20 years of software development experience, particularly in advanced graphical user interface, operating and real-time systems.

Yoram Bibring, chief financial officer joined Fundtech in 2001. Prior to his current position, Mr. Bibring was chief financial officer of ViryaNet, a provider of software solutions to the workforce management market. Prior to joining ViryaNet in April 1999, Mr. Bibring served as chief financial officer of Americash, Inc., a leading operator of e-cash platforms, which was sold to American Express, and prior to that he was at Geotek Communications, a wireless communications service provider where he served initially as chief financial officer and then as the president of it's International Division. Mr. Bibring has more than 11 years of experience as a high ranking executive of several technology companies.

Brian Jou, executive vice president of global product management, joined Fundtech in 2000. He applies his twenty years of managerial experience to overseeing the pricing, placement, and sustained success of the Fundtech products in the market. Prior to his current position, Mr. Jou held a senior management position in the Electronic Commerce Team for Chase Manhattan Bank. At Chase, Mr. Jou managed the product development of electronic banking access products for Chase Treasury Solutions. He has extensive experience developing client-server and browser-based products that facilitate transactions and analysis. These products have won awards from the Windows World Open development competition and Society for Technical Communication.

Joseph P. Mazzetti is executive vice president of corporate development. He joined Fundtech in 1994 and has been actively involved in business development of the company's payments and Continuous Linked Settlement (CLS) offerings. Prior to joining Fundtech, Mr. Mazzetti was executive vice president at PRT Corporation and executive vice president of the Financial Products Group at Logica Data Architects. He has more than 30 years of experience in payment systems technology for banking institutions and public sector financial agencies. Mr. Mazzetti has participated in numerous financial industry conferences and research projects.

Moti Porath, executive vice president, seed products and business development, has over 20 years of software development, project management and product management experience, including over 10 years developing high speed, secure transaction systems for the financial services industry. In his previous position Moti managed global solutions for Fundtech focusing on the development and implementation of PAYplus for CLS in institutions like: Citibank, Deutsche Bank, Bank of America, and the Bank of New York. Prior to joining Fundtech, he was a consulting manager for Gemini Consulting, focusing on financial institution operating efficiency. Moti was a senior systems architect and product manager of Logica Transaction Director, a high speed, fault tolerant message switch. Included among his clients are: Citibank, Chemical Bank, Merrill Lynch, Lloyds Bank (UK), and Midland Bank (UK). He holds a B.S. Degree in Industrial Engineering and Management from Tel-Aviv University and a M.S. in Operations Research from the Massachusetts Institute of Technology.

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Gideon Argov is President and Chief Executive Officer of Entegris, taking the helm of the company immediately after its merger with Mykrolis finalized on August 5, 2005 - he had served as CEO of Mykrolis since November 2004. Prior to joining Mykrolis, Mr. Argov was managing director of Parthenon Capital, a Boston-based private equity partnership, since 2001. From 1991 to 2000, Mr. Argov led Kollmorgen Corporation as chairman, CEO and president. He served as CEO of High Voltage Engineering Corporation from 1988 to 1991. Mr. Argov currently serves on the boards of directors for Fundtech Corporation and Interline Brands, Inc. Mr. Argov received a BA in Economics from Harvard University and an MBA from Stanford University.

Gerald Dogon was elected to serve as a director of Fundtech as of December 20, 2007. He currently is a member of the Boards of Directors of Passave Inc. and Rosetta Genomics Ltd. and serves as the Chairman of the Audit committee and a member of the Compensation and Nomination Committees of Rosetta Genomics Ltd.

Jay is a founder of Newbury and has spent more that 24 years in the venture capital industry. At Newbury, Jay focuses on investments in communications systems, semiconductor devices, and software. Some of his investments with Board representation include Netro (acquired by SR Telecom), Fundtech (FNDT), Jacada (JCDA), ViryaNet (VRYA) OnWafer (acquired by KLA-Tencor), Pixim, Scorpio (acquired by 3Com), Ultracom (acquired by Terayon), Precise Software (acquired by Veritas), Silverback Systems (acquired by Brocade), Virtio (acquired by Synopsis), Mysticom (acquired by TranSwitch), Andigilog, and Zenasis. Jay began his venture career in 1982, when he joined Berkeley International Capital, ultimately serving as President. While at Berkeley he led investments in both ECAD and Solomon Designs (which later merged to create Cadence Design (CDNS), Cypress Semiconductor (CYPR), Broderbund Software (acquired by Mattel), Altera Corporation (ALTR) and Cirrus Logic (CRUS). He has previous management experience at Wells Fargo Bank, including Vice President of Global Foreign Exchange Trading, and began his career with AT&T's Operations Research group, which later became part of Lucent. Jay was a Senior Research Fellow at the National Bureau of Economic Research and is an active speaker and advisor of the Berkeley Entrepreneurs Forum at University of California's Haas School of Business. Jay earned BIE and M.Sc. degrees in Operations Research from Ohio State and a Ph.D. in Management Sciences from the Haas School of Business at the University of California at Berkeley. Originally from Ohio, Jay now lives in the East Bay with his wife. They have two children: a son living and working in the Bay Area and a daughter away at college. Jay is an avid tennis player, skier, and car enthusiast.

Reuven Ben Menachem, chief executive officer and co-founder, has extensive experience in the design and implementation of payment systems. Prior to founding the company, he was employed at Logica Data Architects, a funds transfer software provider, as technical director and product manager. Previous positions include director of banking systems at Manof Communications Systems, a middleware software provider, and senior programmer/analyst in the Israeli Air Force.

Mr. Stern, 52, has been a Managing Director and Head of Technology and Financial Institutions, Investment Banking with Oppenheimer & Co. Inc., an investment banking firm, since April 2004. From February 2002 to March 2004, Mr. Stern served as a Managing Director and Head of Investment with C.E. Unterberg, Towbin, an investment banking firm. From January 2000 to February 2002, Mr. Stern served as Managing Director of STI Ventures Advisory USA Inc. and as a member of the Board of Directors and the investment committee of STI Ventures, a venture capital company focusing on the high technology market.