PRESS RELEASE

For Immediate Release

Release Contact:
Peter Chapman
Curo Systems, Inc.
978-369-6200
Peter.Chapman@CuroSystems.com

Curo Systems Adds New Vice President of Technology

New executive talent is tapped to meet company growth.

CONCORD, MA - July 01, 2002:  Curo Systems, Inc., a leading provider of compliance technology, announced today that Seth Muriph, CFA has joined the company as Vice President of Technology.  In his role, Seth will assume responsibility for technology and investment management compliance.

Earlier, Seth created numerous investment management systems, such as Fidelity's High Yield Portfolio Management System, Fidelity's High Yield and Emerging Markets Performance Attribution and Performance Reporting System, as well as Equity Analysis and Data Mining tools.

Prior to Fidelity, Seth started several successful companies in the retail software space, one of which was touted as a "Giant Technological Step" by Microsoft.  Earlier, he was with McKinsey & Company as part of the firms' worldwide systems practice.  He's also well known in the venture capital community for his depth of knowledge in technology.  Seth holds multiple degrees in Computer Science from MIT and a Chartered Financial Analyst (CFA) designation. 

We are excited to welcome Seth to Curo Systems.  Seth brings to Curo an extensive knowledge of investment management and trading operations.  Seth's six years at Fidelity Investments brings real world experience not only in portfolio management and trading systems, but the high yield market as well.  His experience will be a great asset for our customers.

About Curo Systems
Curo Systems, Inc is a leading provider of compliance solutions for Investment Advisers, Investment Companies and Broker-Dealers.  Curo Systems provides solutions that bolster investor trust and confidence by assuring compliance with rules and regulations imposed by global, federal and state regulatory bodies.  To learn more about Curo Systems please visit http://www.curosystems.com