Solium taps veteran E*Trade and Fidelity executive to lead U.S.A. market

CALGARY, May 14, 2013 /CNW/ - Solium Capital Inc. ("Solium") (TSX: SUM), the leading global provider of software-as-service for equity administration, financial reporting and compliance, announced today the appointment of Jim Wulforst to its executive team, as President of Solium U.S.A.

Mr. Wulforst brings over 25 years of financial services experience, including an eleven-year tenure with Fidelity Investments, with seven years as Senior Vice President of Fidelity's stock plan services. Mr. Wulforst joins Solium from E*Trade Financial Corporate Services Inc., where he was President for six years.

"We are delighted that an executive of Jim's caliber has joined Solium to help execute our technology consolidation strategy," said Mr. Broadfoot. "His extensive knowledge of the U.S. industry will help guide how Solium's capabilities can enable the whole sector. Jim will accelerate our vision for the U.S. marketplace -- to become the underlying technology platform for the equity administration industry, and the premier provider for companies with global scale in their equity compliance needs."

Mr. Wulforst will join Solium at the end of May. Steve DeWindt, the current country head for the U.S., will now report to Jim and will continue to be a key driver for Solium in the U.S. market.

About Solium Capital Inc.

Solium Capital Inc. (TSX: SUM) provides software-as-service for global equity administration, financial reporting and compliance. From our operation centers in the United States, Canada, the United Kingdom and Australia, our innovative software-as-a-service (SaaS) technology powers share plan administration and equity transactions for more than 3,000 corporate clients with employee participants in more than 150 countries. Follow us @Solium and visit us at solium.com.

SOURCE: Solium Capital Inc.

Investor relations

Aaron Kabucis, CFA
TMX | Equicom
416.815.0700 x 230
[email protected]

Public relations

Scott Valentine
Vice President
Solium
403.472.5446
[email protected]