Peregrine Capital Management Appoints Joseph McEver as Vice President of Finance

London, United Kingdom, May 21, 2009 --( Peregrine Capital Management today announced the appointment of former Sopheas Corporation executive, Josehp McEver, as vice president of sales and marketing. McEver brings 25 years of sales and marketing experience in commodities and trading to his new position, in which he will drive Peregrine’s financial operations, strengthen customer and partner relationships, and raise the awareness of Peregrine Capital Management as a financial leader in information security.

The addition of McEver to the management team supports Peregrine’s go-to-market directives in delivering best-of-breed commodity and futures products.

“Peregrine is a creative force bringing extra ordinary solutions that help customers secure their financial investment in an age of rigorous compliance regulations,” said McEver. “I am very excited to join Peregrine as it expands into new corporate markets with what I think are some of the most innovative and user-friendly solutions available.

“Peregrine’s expertise and vision will be tremendous assets to our mission of providing commodity brokers with the trading technology and services, McEver will be a key player on our management team as we pursue excellence in the creation, marketing and delivery of our products.”

Prior to joining Peregrine, McEver was general manager and VP of sales at Sopheas Corporation, a high-growth company and leading provider of enterprise data management software. At Sopheas, he led the sales team to grow revenues by 100 percent over a two-year period – resulting in IBM acquiring the company.

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About Peregrine Capital Management

Our integrity and superior levels of service across many financial markets have become industry benchmarks over the company’s history, in what is a highly competitive industry.

The company was formed in 1990 as Peregrine Management Global Trading Inc., which took over various ongoing futures businesses originally started in 1987.

Peregrine Capital Management
John Randall
44 20 3026 1571