Professor Gerhard Arminger joins Board of Helvetia Wealth AG

Helvetia Wealth AG / Professor Gerhard Arminger joins Board of Helvetia Wealth AG processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. Press Release, Helvetia Wealth AG, January 8, 2010 Founder of SAF AG to implement latest IT driven forecasting methods Zurich: Helvetia Wealth AG announced today that Professor Gerhard Arminger has joined the Board of the company. Gerhard Arminger has been a full Professor of Statistics in Economics at the University of Wuppertal, Germany, since 1978. He is also one of the founders of SAF Simulation, Analysis and Forecasting AG, a software application company specialising in forecasting and inventory management, which was bought by German software giant SAP AG in 2009. "Professor Arminger is an internationally renowned expert in statistics and forecasting and we are truly delighted to welcome him to our company. At Helvetia Wealth he will oversee the implementation of scientific forecasting methods in IT based wealth management applications. This will relaunch Helvetia Wealth as a financial adviser combining the latest science and cutting-edge technology with highly personalized financial advice. With this approach, we will bring a new and unique quality to private banking in a battered market that is demanding more thorough and more reliable analysis", said Ottmar Ruoff, Chairman of Helvetia Wealth. "I am looking forward to applying my expertise to investment products and financial services. Following the financial crisis, there is a global call to reassess the methods that brought the world's financial systems close to collapse. Applying thorough scientific concepts will make investment decisions more rational and will help re-establish the trust that has been lost. Helvetia Wealth provides the ideal platform for this, being both young and innovative and having emerged from the crisis in formidable shape", commented Professor Arminger. About Professor Arminger: Prof. Dr. Gerhard Arminger (born April 7, 1949) is a citizen of Austria. He holds a degree in sociology and statistics (Dr. rer. soc. oec., University of Linz, Donau, 1975). He was an assistant professor at the University of Linz from 1973 to 1978. Since 1978 hehas been a full professor of Statistics in Economics at the University of Wuppertal. Prof. Arminger has gained an international reputation through numerous publications and lectures and as a visiting scholar/professor at international universities. He has had offers from renowned institutions such as the University of California at Los Angeles (UCLA), University of Arizona at Tucson, University of Indiana at Bloomington, University of Vienna and the London School of Economics (LSE). In addition Prof. Arminger led a research team for the project "Multivariate Forecasting Systems for Retail and Industry" in the special research unit "Reduction of Complexity" of the German National Science Foundation (DFG) at the University of Dortmund. In 1996 he founded SAF Simulation, Analysis and Forecasting AG, a company specialising in software applications for demand and supply chain management, enabling inventory decisions to be made in a fully automated and reliable way. As Chief Scientist, he made decisive contribution to the development of SAF's software solutions through his knowledge of forecasting methods. SAF was sold to SAP AG in 2009. About Helvetia Wealth AG: Helvetia Wealth is one of the fastest growing financial services brands in Europe. Its core business is the provision of Swiss private banking solutions and asset management services. The firm, using an open architecture business model, sits at the centre of a network of best in class third party suppliers and is able to bring progressive institutional wealth management products and services to the wider market. Helvetia has a team of private banking and institutional advisors from all over the world, who care for a quickly growing family of international Media contact: Axel J. Schafmeister Press Officer Tel. +41 44 252 0708 The press release can be downloaded from the following link: [HUG#1371501] --- End of Message --- Helvetia Wealth AG Feldeggstrasse 55 Zurich Switzerland Press release (PDF):