ReconArt Establishes Formal EMEA Presence and Office in London, UK

ReconArt announces the incorporation of ReconArt (UK) Limited to coincide with the opening of its EMEA regional office based in London, United Kingdom, dedicated to the support of its rapidly growing client-led international footprint.

ARLINGTON, Virginia and LONDON, March 28, 2011 - ReconArt (www.reconart.com) announces its continued international
expansion with the opening in March 2011 of a London office to support
operations in the EMEA region. This coincides with the incorporation in
England and Wales of ReconArt (UK) Limited, a wholly owned subsidiary of
US-headquartered ReconArt, Inc.

Since the latest release of ReconArt's Total Reconciliation Lifecycle(TM)
solution - ReconArt(TM) 2011 - in December 2010, ReconArt has experienced
unprecedented demand from clients across the EMEA region. They are attracted
to the 100% web-based reconciliation solution that can be implemented rapidly
for immediate ROI, run in-house or in the Cloud, and which supports users in
their language of choice.

The establishment of operations in the EMEA region will allow ReconArt to
react quickly and efficiently to customer-led demand and coincides with an
increased sales and account management footprint in the UK. Furthermore, an
office in the heart of a major global financial center - London - allows
clients in several of ReconArt's core markets ease of access to
success-focused resources.

According to Hristo Marintchev, ReconArt CEO, "We are very excited to
have established a formal presence in London. As anticipated, the recent
launch of our latest generation reconciliation solution has created intense
interest and activity. By incorporating in the UK and increasing headcount in
the region we will ensure that we continue to provide excellence in all
client interactions as we help our valued customers lower costs, better
manage transaction risk and address compliance needs most effectively."

About ReconArt

ReconArt is the single focus provider of ReconArt(TM) 2011. With design
and development in the US and EU, ReconArt(TM) 2011 covers the Total
Reconciliation Lifecycle(TM) in a single integrated product. This allows
financial services and corporate clients to use one solution for all aspects
of their reconciliation needs, from daily data load, through matching,
exception and case management, to period-end attestation and account
certification. The result: lowered operational costs with positive ROI,
reduced exposure to operational risk and enhanced adherence to regulatory and
statutory compliance requirements.

For more information contact:

    ReconArt, Inc.
    4720 Lee Highway
    Arlington, VA 22207
    +1-888-732-6693 or +44(0)207-099-9642
    info@ReconArt.com
    www.reconart.com/

ReconArt, Inc., +1-888-732-6693 or +44(0)207-099-9642, info at ReconArt.com