London, 7 February 2011

Brady plc, a leading supplier of trading and risk management solutions for metals and commodities, has announced today that Engineered Products Switzerland AG (EPS) have gone live with Brady software for managing risk on metal.

Alcan EP is a global business leader specialising in the development, processing, manufacture and supply of aluminium-based advanced materials with high-technological content. In what is a major technology upgrade Alcan EP has implemented Brady’s integrated, end-to-end solution-set to provide the full range of risk management and administration capabilities. Brady provides Alcan EP with the benefit of streamlined administration as well as increased compliance efficiencies for IFRS (International Financial Reporting Standards) accounting requirements.

Domenico Sansalone, Head of Metals Risk Management of Alcan EP, commented, “This is a significant roll-out of technology for us and, therefore, it was only after a major review and evaluation process that we made our selection. We chose Brady’s solution because of their specialist expertise, industry knowledge and the obvious benefits of a single source solution provider. We see clear advantages of using their modular technology, which will quickly provide our business with greater levels of competitiveness and efficiency.”

Gavin Lavelle, CEO of Brady, said, “Alcan EP’s selection of Brady has been an excellent opportunity for us to showcase the comprehensive abilities of the Brady solution. This is an important deal for us, particularly due to the global reach of Alcan EP, as they have opted for the full suite of risk management implementation.  Our team has worked closely with Alcan EP and we are sure they will see a fast ROI and significant benefits to their trading, hedging and business systems' capabilities.”

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