He will be directly responsible for managing global business development and further strengthening the sales pipeline in the rapidly growing structured finance market.

Mark Kahn joins Principia with a highly successful track record in leading business development and managing client relationships in the structured finance trust, administration and servicing businesses at JPMorgan Chase Bank and Deutsche Bank. Most recently, Kahn managed Product and Client Services for Systems and Services Technologies, Inc., a wholly owned subsidiary of JPMorgan Chase and a part of its Worldwide Securities Services division. He also held various executive positions, managing business development for JPMorgan's CDO, Structured Investment Vehicle (SIV) and ABCP Conduit administration business units.

Prior to joining JPMorgan, Kahn managed the ABCP and SIV Conduit administration businesses at Bankers Trust Company, where he was responsible for product development, operations, client management, administration and sales. Before that, he was a Senior Consultant at Arthur Andersen & Co.

"We are delighted to add Mark to our leadership team," states Theresa Adams, President and CEO of Principia. "Mark brings the unique combination of qualities required of this role: an impeccable sales track record, proven managerial success and hands-on, deep industry knowledge. With more than 20 years experience in structured finance, Mark has intimate technological and business process knowledge of Principia's key target markets. In addition, he will provide invaluable insight to Principia's product development and other supporting teams. As Principia continues to develop leading solutions for operations such as ABCP conduits, SIVs and credit derivative product companies, Mark will be instrumental in guiding the company to meet its aggressive expansion goals."

"Principia is well-recognized in the industry for its innovative software supporting the administration and operations of structurerred finance vehicles," says Kahn. "The company is respected for its industry knowledge and focus on building value: Getting businesses up and running quickly and enabling programs to scale with the market demands. I am enthusiastic about the company's commitment to the market at this very exciting stage of its growth, and I look forward to helping shape and execute its sales strategy."