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Portware Announces Stuart Adams as Head of European Operations

NEW YORK, July 6/PRNewswire/ -- Portware LLC, the industry's leading developer of real-time execution management systems, announced today that Stuart Adams has been appointed Head of European Operations.

In this new role, Adams is responsible for expanding Portware's network
of clients and forging strategic alliances across Europe. Adams, a 22-year
veteran of the financial services industry, will also be responsible for
overseeing account management, technical support and development at
Portware's European headquarters in London.

Prior to joining Portware, Adams was Managing Director at AKJ, a
London-based technology solutions provider to the global hedge fund and asset
management community. Adams has also held executive-level positions with Brut
Europe, the European arm of the recently acquired Brut ECN, and Instinet
Global Services where he was responsible for developing senior institutional
relationships and new business as the company's Institutional Sales Director.
Adams has also consulted for a number of technology companies within the
financial sector.

"Portware is widely recognized as the leading provider of algorithmic and
portfolio trading technology," commented Adams. "It is exciting to be given
the opportunity to work with a company who is growing so quickly. I'm
thrilled at the chance to lead the company's international growth and further
contribute to its success."

"We're excited to have someone of Stuart's caliber to lead our efforts in
Europe, where we are seeing an extremely significant increase in the demand
for algorithmic trading solutions," said Eric Goldberg, CEO of Portware.
"Stuart brings a wealth of experience and a proven track record of success to
Portware. We are confident he will contribute tremendously to our continued
worldwide expansion and are pleased to welcome him to the team."