Promising Business Growth Prompts New Management Hires At Interbank FX / IBFX.com

On the heels of more than 128 percent growth in 2007, Interbank FX (www.IBFX.com), a leading provider of online foreign currency (Forex) trading, recently announced the appointments of Daren Thayne, Chris An and Carrie Matteson to the company’s growing management team.

Daren Thayne, who joined the company in November of 2007, came from The Generations Network (formerly MyFamily.com), where he served as Chief Technology Officer and Senior Vice President of development. He joined Interbank FX as Chief Information Officer (CIO), contributing more than 20 years of software development and technology leadership expertise. In his new role, Mr. Thayne is responsible for establishing and directing the strategic long-term goals, policies, and procedures for the company's IT department, as well as overseeing day-to-day technology operations. Specifically, his responsibilities include all aspects of IBFX’s information technology, including trading and business application development. Mr. Thayne holds a Bachelor of Science degree in mechanical engineering and an MBA with High Distinction from Brigham Young University in Provo, Utah.

“I am very pleased to welcome Daren to the IBFX family,” said Todd Crosland, Chairman and President of Interbank FX. “With more than two decades of industry experience in the technology sector, he will fill a vital role here as we continue to grow our business throughout the world.”

Also joining Interbank FX as Director of Compliance, Chris An spent the last eight years of his career with the compliance department of the National Futures Association (NFA)—the premier independent provider of efficient and innovative regulatory programs that safeguard the integrity of the derivatives markets. While there, his responsibilities included reviewing staff and field supervisors’ work, as well as coaching and developing staff and field supervisors’ performance. Mr. An holds a Bachelor of Arts degree in finance from Indiana University in Bloomington, Indiana.

Rounding off the trio is Carrie Matteson, who will be joining as Compliance Manager. Prior to Interbank FX, Ms. Matteson was employed for three-and-a-half years with the NFA as an auditor in the compliance department. In this role she was responsible for coordinating and supervising audits of NFA member firms, ensuring compliance with NFA rules and regulations. Ms. Matteson graduated from Michigan State University in East Lansing, Michigan with a Bachelor of Arts degree in Finance.

“Both Chris and Carrie bring a unique background and tremendous amount of industry know-how to our organization,” said Crosland. “With the ever changing regulatory environment that exists in the Forex realm, the addition of these two professionals will not only significantly bolster our compliance department, but also help establish Interbank FX as an industry leader in compliance and regulatory affairs.”

To learn more about Interbank FX / IBFX.com or to open a free Forex practice account, visit www.ibfx.com.

Interbank FX was recently honored by Shares magazine as the Best Foreign Exchange Broker for 2007.