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February 3, 2010

29West Partners With Intertrade

29West, a provider of high-performance, low-latency messaging solutions and Tokyo-based Intertrade, a provider of packaged systems for the securities industry, have formed a strategic partnership to use 29West products in the development of the Intertrade securities dealing and trading systems.

By CBR Staff Writer

Utilizing 29West products, Intertrade will be architecting systems with a focus on the benefits of low-latency, high performance messaging.

Mark Mahowald, president and founder of 29West, said: “We’re very excited to add Intertrade to our growing list of financial customers and partners in Japan. This project is an excellent example of how 29West Ultra Messaging can significantly enhance the performance and efficiency of trading solutions such as the innovative and well respected Intertrade tiger trading system.”

Takahiro Ozaki, president of Intertrade, said: “It is important to aim for low latency as technology improves at the exchanges. A goal of this project is to maximize the performance of the tiger trading system, already widely recognized for its high-speed messaging platform across the technology industry. I believe that having a partnership with 29West will add more value and a significant competitive edge to the tiger trading system.”

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