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OANDA Welcomes Mich Mathews to its Board of Directors

LONDON, January 17, 2013 /PRNewswire/ --



Former global marketing chief for Microsoft Corporation joins dynamic group advising OANDA in the next phase of its growth as a leading forex innovator

OANDA, a global provider of innovative foreign exchange trading services, is pleased to announce the appointment of a new member, Mich Mathews, to its Board of Directors. A 22-year veteran of Microsoft Corporation, Ms. Mathews helped build the company's brands and evolve its global marketing capacity before retiring from her position last year.

"We are delighted to welcome Mich Mathews to OANDA's Board of Directors. Her outstanding professional achievements and industry knowledge will serve our company well," said Kittu Kolluri, Chairman of the OANDA Board of Directors. "Throughout her career, Mich has repeatedly demonstrated a commitment to results-oriented excellence and innovative thinking. Her insight will help OANDA continue on its journey to be the most trusted partner in retail forex trading."

Ms. Mathews is the former Chief Marketing Officer of Microsoft Corporation. She led global marketing across the company's products and services. She was instrumental in driving business growth while establishing Microsoft as one of the world's most admired global brands.

With her appointment to the OANDA board, Ms. Mathews joins a dynamic team led by Mr. Kolluri (Chairman) who is a General Partner at NEA, a leading venture capital firm that supports innovative entrepreneurship in technology markets. Other OANDA board members are Danny Rimer, a partner at venture capital firm Index Ventures and an investor in Internet infrastructure software and services companies; Renato Fassbind, an independent senior advisor and board member of several prestigious financial companies, including Vice-Chairman of Swiss Re Holding AG; and Michael Stumm, co-founder of OANDA and a computer engineering professor at the University of Toronto.

"I'm excited to join the OANDA team, and help build them into the global leader of retail foreign exchange," Ms. Mathews said. "The OANDA brand has a stellar reputation among traders and partners; I look forward to supporting its continued growth as a member of the board."

Note to Editors:

About OANDA

OANDA Corporation has transformed the business of foreign exchange through an innovative approach to forex trading. The company's leading online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. The company's many awards attest to the power and flexibility of its trading platform. In 2012, OANDA was named "Best Forex Provider" by the Financial Times and by Investors Chronicle; "Best FX Broker" by Forex Magnates; and was recognized by Investment Trends Singapore as providing "Best Value for Money" and "Highest Overall Client Satisfaction".

OANDA was the first online provider of comprehensive currency exchange information, and today the company's OANDA Rate® data are the benchmark rates for corporations, auditing firms, and global banks.

OANDA has six offices worldwide, in Chicago, London, Singapore, Tokyo, Toronto, and Zurich. OANDA is fully regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Services Authority (FSA), and the Japanese Financial Services Agency (FSA).

http://www.cognitomedia.com

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