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London, 19 April, 2004: The fidessa Workstation from royalblue (LSE: RYB) has won the award for Best New Product Development in the annual Inside Market Data industry awards.

Launched in March 2003, the fidessa Workstation offers market data and trading solutions for European equity markets and has rapidly become the new benchmark and product-of-choice amongst its target users.

Commenting on the award Simon Barnby, Business Development Manager at royalblue, said "We’re both proud and pleased to be receiving this accolade from a publication that really has its finger on the pulse of the market data industry. With the Workstation’s runaway success in its first year since launch and the great reception we’ve had in the market place, this prestigious award really is the icing on the cake."

The fidessa Workstation provides real-time coverage for European equity markets along with news, charts, company fundamentals, broker forecasts, indices, derivatives, forex and other key benchmark data. Linked in to fidessa Express –royalblue’s global connectivity network – the Workstation can also provide Exchange trading for members, DMA trading for non-members, UK RSP network access and buy-side/sell-side connectivity for electronic order flow. All this is backed with powerful functionality and analysis tools provided via an intuitive and flexible user-interface.

Inside Market Data is a leading source for the market data industry on insider news and expert analysis on new developments in the rapidly changing global market data business. This is the second year that it is presenting its IMD awards, which will be given out on April 20 at the IMD 2004 Conference awards dinner. Winners for the awards, which were expanded to 15 categories this year, were chosen by Inside Market Data’s readers through an online ballot.