William W. Neville to Become President of D+H USA

TORONTO, Oct. 15, 2012 /PRNewswire/ - Davis + Henderson Corporation (TSX:DH) announced today that William W. Neville will become President of D+H USA, effective October 15, 2012, with overall responsibility for the Company's U.S. operations and for broadening D+H's presence in the United States. Mr. Neville's responsibilities will include taking over leadership of D+H's Mortgagebot operation from Scott Happ, who previously announced his intention to step down as President of D+H's Mortgagebot division to pursue new opportunities outside the Company.

Mr. Neville joined the D+H Board of Directors in 2009 after more than 25 years in the financial services industry and played an important role in the Company's acquisition of Mortgagebot.   He resigned from the Board earlier this month to focus on his new executive role with the Company.

Prior to joining the D+H Board, Mr. Neville was Managing Director and Head of Citi's North American Hedge Fund Servicing business. He has also served as President, BISYS Alternative Investment Services and Group President, BISYS Banking Solutions Group, as well as having held various positions in other technology services companies, including IBM Corporation, Data Management Systems Corporation and Mutual Services Inc.

"I am delighted that Bill will be joining D+H's executive team to lead our operations and growth agenda in the United States," said Gerrard Schmid, CEO of D+H. "Bill's advice and counsel as a Board member has been invaluable, especially his support for our acquisition of Mortgagebot. I know he will continue to apply his passion for D+H to expanding our technology products and services tailored for the financial services industry in the U.S."

Mr. Neville received his MBA degree from Suffolk University.

D+H also announced today that Mr. Happ will remain with the Company through year-end to assist Mr. Neville with the transition. Mr. Happ was one of the original founders of Mortgagebot, which was acquired by D+H in 2011, and helped it to become the leading mortgage point-of-sale solution in the United States for community banks and credit unions.

"I want to thank Scott for his leadership and contribution to D+H's growth," said Mr. Schmid. "His entrepreneurial drive and his focus on delivering great experiences to customers have established a strong foundation for D+H's continued success in the United States."

About D+H

D+H is a leading solutions provider to the North American financial services marketplace, providing innovative technology-based programs, products and business services tailored to our customers' needs. A deeply rooted tradition of developing and nurturing valued customer relationships and a broad set of integrated solutions position D+H for ongoing growth in our chosen markets. In 2012, D+H rose to 35th on the FinTech 100, a ranking of the top technology providers to the global financial services industry.

For more information about D+H visit www.dhltd.com

SOURCE Davis + Henderson Corporation