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SUNGARD LAUNCHES POWERDATA STREAM. A Fast, Cost-Effective Service Bureau for Streaming Quotes

NEW YORK, NY, Jun 3, 2004- SunGard Data Management Solutions, an operating group of SunGard (NYSE: SDS), announced today the release of its new streaming quote solution for cost-effective application integration. Designed for developers that require streaming, tick-by-tick quotes on specific instruments without having to manage a complete quote feed, PowerData Stream is built on proven technology and is available as an application service provider (ASP) offering.

"Following the successful launch of our PowerData Feed solution last year, we started to receive a lot of inquiries from developers of proprietary real-time analytics and trading engines looking for a low-overhead solution for streaming quotes on selected instruments," said Janet Crowley, executive vice president of SunGard Data Management Solutions. "PowerData Stream combines the efficiencies of our ASP environment with the flexibility of our PowerData Feed to create this cost-effective quote delivery solution."

PowerData Stream provides streaming quotes from the complete range of sources that are processed by SunGard Data Management Solutions, including domestic and international exchanges. With the processing, exchange reporting, and resilience managed by SunGard, developers need only to connect to the service to begin receiving quotes. Data can be streamed both real-time and delayed, and can be delivered over the Internet or through dedicated lines. Quote streams can easily be set-up using XML messages, with streams sent out in the bandwidth-efficient PowerData IP protocol.

For more information please contact:
Kenneth Kunin
SunGard Data Management Solutions
Tel: (514) 982-6687 x123