August 31, 2005
MarketXS and HyperFeed Join Forces to Deliver and Support HMDP and OCC
(TRS and Active8) in EMEA
MarketXS to license, distribute and support HyperFeed's Market Data
Distribution products throughout Europe, Middle East & Africa
HyperFeed and MarketXS will jointly develop future HMDP and OCC
enhancements utilizing the Telerate TRS(tm) and Active8(tm) software
technologies recently licensed from Reuters.
Chicago, USA / Schiphol Oost, The Netherlands
August 31, 2005
MarketXS, a leading European provider of real-time market data technology
and trading solutions today announced it has signed an exclusive
multi-year agreement with HyperFeed Technologies, Inc. (OTCBB: HYPR), a
provider of ticker plant technologies, data distribution, smart order
routing and managed data services to the financial community. The
agreement gives MarketXS the right to license, distribute and support
HyperFeed's Market Data Distribution products in Europe, Middle East &
Africa (including global subsidiaries of customers headquartered in that
region).
As part of the agreement, MarketXS will, on an exclusive basis in EMEA,
license, install and support HMDP (HyperFeed Market Data Platform) based
on TRS technology, and OCC (Open Collaborative Container), based on
Active8 technology. MarketXS will contribute European Development,
Technical Sales and First Level maintenance support, while HyperFeed will
provide Software Upgrades, Maintenance and Second level support.
HyperFeed and MarketXS will work closely together to further reinforce
HMDP as the most open platform in the industry and promote the
availability of both direct exchange and consolidated data feeds on the
platform.
'We made a commitment to all current and future customers of TRS and
Active8 when we licensed the technologies from Reuters, to fully support
and develop the platform' said Paul Pluschkell, President and CEO of
HyperFeed. 'We aligned ourselves with MarketXS in Europe, Middle East &
Africa because of their customer expertise, their outstanding track
record for service and reliability, and their knowledge of our market
data platform.'
Floris Alkemade, CEO of MarketXS said, 'HyperFeed's HMDP and OCC are two
important building blocks for dealing rooms in our target market. Already
serving as the independent, alternative backbone supporting real-time
data and trading transactions for hundreds of users in Europe and beyond,
we are now extremely well-positioned, in partnership with HyperFeed, to
further develop the applications of the future. By combining MarketXS'
proven capabilities in implementing and supporting TRS technology with
HyperFeed's commitment to invest in ongoing development, we are able to
offer our dealing room clients increasing value as the traded markets and
the technology that supports them continue to evolve.'
HyperFeed and MarketXS are investing heavily to ensure the continued
availability, support, and development of both TRS and Active8
technologies. HyperFeed and MarketXS are providing a no-cost license
transfer for current customers of the TRS market data platform and the
Active8 desktop application.
For further details please call or Jean van den Bosch, MarketXS
at + 32 2 7731 104 or Tom Wojociechoski, Hyperfeed at +1 212 232 2263.
HMPD and OCC are not Reuters' products and are not supported by Reuters.
TRS, Active8 and Telerate are registered trademarks of Reuters.
About HyperFeed Technologies, Inc.
HyperFeed Technologies, Inc. (OTCBB: HYPR) is a leading provider of
enterprise-wide ticker plant and transaction technology software and
services enabling financial institutions to process and use high
performance exchange data with Smart Order Routing and other
applications. HyperFeed's extreme low latency processing combined with
smart order routing for transactions provides institutions, exchanges,
content providers, and value-added resellers with fast, flexible, and
smart utilities to power their trading systems.
HyperFeed's HTPX platform includes HVAULT and HBOX software products and
managed services. These are designed to support low latency yet high
value real-time market data; data services for use in receiving and
distributing financial content with a competitive edge. Its dynamic Smart
Order Routing utilities are aimed at allowing firms to be REG-NMS
compliant while offering price improvement in order execution.
Data Delivery Utility (DDU) is a global, highly distributed,
fully-managed financial content distribution utility with extremely low
latency and an end-to-end Service Level Agreement (SLA) - a completely
new alternative for reliable market data delivery.
For further information please contact:
Cynthia Artin . Artin Arts . +1 845 304 3790 . cynthia@artinarts.com Tom Wojciechowski . HyperFeed Technologies, Inc. . +1 212 232 2263 .
twojciechowski@hyperfeed.com
About MarketXS
MarketXS is a leading provider of real-time market data technology and
trading solutions. Over 350 customers use its high-availability market
data infrastructure, the Finance Engine(tm), to power terminals,
websites, transaction systems or any other real-time market data
application for front, middle or back-office with any source of data.
Rendering conventional market data systems obsolete, the Finance
Engine(tm) provides maximum flexibility, rapid deployment and low total
cost of ownership. MarketXS data sources include Telerate, ComStock, Dow
Jones Newswires, Standard & Poor's FT Interactive, etc. and direct feeds
from major exchanges and inter-dealer brokers. MarketXS has offices in
The Netherlands, Belgium, Luxembourg and Germany and is the exclusive
distributor of Telerate products in the Benelux region.
MarketXS is also the exclusive distributor in Europe, Middle East & Africa for the HMDP
(based on TRS technology) and OCC (based on Active8 technology) products
from Hyperfeed. For additional information please visit www.marketxs.com.
For further information please contact:
Mehrnoesh Forouzandeh . mehrnoesh.forouzandeh@marketxs.com . +31 20 5025
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