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19 June 2006

Avaloq strengthens Board of Directors

Dr. Dominik Koechlin has been appointed as a member of the Board of Directors of Avaloq Group AG. Avaloq's long-term development will continue to grow in importance with this strengthening of the Board of Directors. The General Meeting voted to elect Dr Didier Sangiorgio as Chairman of the Board of Directors and re-elect long-standing board member Philipp E. Achermann.

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Andreas Petrosino
Head Communication & Media Relations
+41 58 316 10 10
press@avaloq.com