Redtower Appoints Dr. Kwan as Head of Asia.

ABERDEEN, Scotland -- Redtower Limited, a top provider of market analysis to institutional investors, central banks, brokers, banks and hedge funds, is pleased to announce that it has named Dr. Steve Kwan to the position of Head of Asia. Dr. Kwan was formerly the Head of Technical Research at Standard and Poor's MMS International and has over 15 years of experience in the financial markets. In his new position Dr. Kwan will be responsible for expanding Redtower's operations in Asia, primarily by providing leading behavioural and market analysis to FX market professionals through Redtower's new application using TraderMade's technology. Dr. Kwan will also be working on Redtower's coverage of equity, fixed income and commodity markets. Elizabeth Miller, Head of Research, said "Steve will bring depth to our behavioural finance offering and is well placed to provide coverage during Asian hours for clients there. All of the Directors and consultants at Redtower have worked with Steve in the past and we look forward to working with him and growing the business in the region."

Redtower Limited has two divisions, Redtower Trading and Redtower Research.

Redtower Research, based in Scotland, provides consultative financial market analysis to banks, central banks, hedge funds, brokers and professional traders around the world under Redtower's own name and through 'white label' agreements. Redtower covers most of the major liquid and emerging markets, including pairs trading strategies for equity hedge funds and quantitative modelling. Redtower provides their market analysis via email, page RTRB on Bloomberg and on www.rtrtrader.com.