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TRADEWARE GLOBAL RECRUITS JOHN SHAW TO HEAD QUALITY ASSURANCE

New Position Signals Ongoing Commitment to Quality

(New York: May 24, 2006) - Tradeware Global Corp., the leading broker-neutral solution provider for electronic access to 58 equity markets worldwide, today announced the appointment of John Shaw to the newly created position of Vice-President, Quality Assurance. Over the course of the last several months Tradeware has announced organizational shifts necessary to build its global offerings and presence. Shaw’s appointment assures that Tradeware has in place the internal management necessary for its reinvigorated product development programs and client service enhancements. He is responsible for establishing renewed quality standards for Tradeware offerings, and the internal processes to manage and verify that the standards are met.

Shaw brings substantive experience to the role. He served as the Senior IT Advisor and Architect for the Mortgage Backed Securities (MBS) Trading Desk for Barclays Capital. At Barclay’s he was responsible for the building, testing, deployment and monitoring of all MBS trading applications globally. Prior to Barclays, Shaw spent 10 years in various management positions within development, quality assurance, and operations for Federal Reserve Information Technology (FRIT), Barnesandnoble.com, Compuware, Insurance Services Office (ISO), and Citibank. His IT career began in the military as a Signals and Electronics Warfare Officer as part of the Army's 82nd Airborne Division; then, most recently, as a Captain leading numerous Technical Reconnaissance and Surveillance missions throughout the world.

Said Howard Schwartz, Tradeware’s Chairman and CEO: “Tradeware is committed to providing our clients with efficient access to global liquidity in a cost-effective, technologically seamless way. We are building this firm as the industry standard for connectivity in global order flow. Consistent with that plan, we have established this new position. John brings a breadth and depth of global experience to the role. With his leadership in this area, we will rapidly move to the best of breed quality assurance standard.”

Said John Shaw: “Clients in financial services are increasingly knowledgeable about the technology options available to them in all areas of their operations. Tradeware represents an opportunity for our clients to use technology in the execution of global order flow in ways unavailable previously. We are determined to provide our clients with unmatched reliability across the entire suite of Tradeware’s products.”