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Portware Nominated for Two Financial News 'Excellence in IT' Awards
Portware Nominated for Two Financial News 'Excellence in IT' Awards

LONDON, July 25 /PRNewswire/ -- Portware LLC, the leading provider of broker-neutral, execution and order management technology, today announced it has been nominated for two Financial News Excellence in IT Awards, one for Best Algorithmic Trading Service and one in the Best New Vendor category for its Portware FX product. For the fourth year running, the Financial News Excellence in IT Awards seeks to honor those organizations and individuals who demonstrate innovation, creativity and success in financial IT.

"As a company, Portware is always striving to push the envelope in terms of developing and delivering innovative, progressive and highly flexible electronic trading solutions to the global securities market," said Stuart Adams, European Director of Portware LLC. "It's exciting to have our work recognized by peers, particularly from Financial News, a widely respected voice within the community. We're truly honored."

Final award decisions will be announced at the Financial News Excellence in IT Awards event, held September 20, 2006 at Merchant Taylor's Hall, 30 Threadneedle Street, London.

"IT is the driving force behind many of the innovations in the world's financial markets," said Luke Jeffs, European Trading & Technology Editor. "We are proud to host this event every year in honor of the IT pioneers who help shape the future of this industry."

With a key note speech by Richard Duvall, founder of Egg, and over 250 guests, including senior executives of nominated companies and members of the judging panel, the event will serve as a forum for acknowledging the great achievements of some of the world's leading firms in the financial sector.

For additional information about the awards, including a full list of nominated companies, please visit http://www.efinancialnews.com/awards/it2006/.

About Portware LLC

Portware is the financial industry's leading developer of multi-asset, automated and algorithmic trading software. As the only wholly independent execution and order management trading systems provider, Portware supplies traders with true broker-neutral trading solutions to facilitate best execution. Portware arms trading professionals with a completely customizable central trade portal to conduct a comprehensive range of trade activity. Portware's suite of products include a powerful Algorithmic Engine, a dedicated FX platform, and modules for Portfolio, Single Stock, Pairs and Index trading. Since the company's launch in 2000, Portware solutions have been implemented at more than 100 financial firms worldwide, including sell- side program trading desks, quantitative hedge funds and traditional asset management firms. For more information, see http://www.portware.com/.

About Financial News

Since 1996 the weekly Financial News paper, and more recently Financial News Online, has been the main media outlet for the institutional banking and securities industry across Europe.

Portware LLC

CONTACT: Jed Hamilton of Portware LLC, +1-646-292-9808,
jhamilton@portware.com

Web site: http://www.portware.com/

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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