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14 February, 2007

Mitsubishi International Corporation chooses Trinity for Metals

14 February 2007, Brady Plc, the leading supplier of software solutions for global commodity trading, announced today that Mitsubishi International Corporation has selected its flagship product, Trinity, to manage its global financial trading of precious metals.

Mitsubishi will initially deploy Trinity in its New York office, replacing disparate legacy systems and manual processes, providing a single, integrated and scalable platform with views of its risk positions across its global precious metals operations.

“We chose Trinity because of its robust risk management functionality, including broad range of derivative pricing module and inventory control capabilities, in a platform that directly addresses our business.  Trinity is a complete front-to-back system that will enable us to reduce risk and improve our business processes so that we can focus on identifying trading opportunities that will directly impact our bottom line”, said Sadahiko Haneji, Division Senior Vice President, Mitsubishi International Corporation.

“We are very pleased that Mitsubishi, the largest general trading company (sogo shosha) in Japan with over 200 bases of operations in 80 countries worldwide, has selected Brady as its software partner,” said Dr. Robert Brady, founder and CEO of Brady plc.  “The addition of Mitsubishi further expands our growing list of prestigious clients and global reach into the Asia Pacific region.”

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