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TraderTools™ Announces New Appointment and Promotions

Financial technology company bolsters senior management to facilitate continued growth

New York, NY, June 27, 2006 – TraderTools LLC (TraderTools), one of the world’s leading suppliers of electronic Foreign Exchange (eFX) white-label, software solutions, announced today the following new appointment and promotions:

Monty Deitcher Appointed VP, Operations
Before joining TraderTools, Mr. Deitcher was Vice President of Projects and Services for Fundtech, a leading provider of software solutions that facilitate payment, settlement and cash management. Prior to that, he was Director of Development for front-office trading systems at SureComp, an international banking software development company specializing in trade finance solutions. He holds a B.Sc. and an MBA from McGill University, Montreal, Canada.

Baruch Chasid Promoted from Chief Architect to Chief Technology Officer

Before joining TraderTools in 2000, Mr. Chasid was CTO and co-founder of Call Manage Inc., a provider of cost-reduction technology for the telephony industry, where he ran the technology group in North America. Prior to that, he was a Team Leader in PC development at Tadiran Communications. With a strong background in communications protocols, real-time/embedded programming and SQL Client/Server technology, he holds a B.Sc. in Math and Computer Sciences from Bar-Ilan University, Ramat Gan, Israel.

Aharon Haber Promoted from Director, Professional Services to VP, Strategic Services

Before joining TraderTools in 2003, Mr. Haber managed a company providing Fixed Income Research. Prior to that, he served as Vice President of Front Office Development at CSFB in New York and London, where he was responsible for systems for the Equities, Commodities, and Interest Rate derivatives desks as well as for Fixed Income Electronic Trading. He holds a BA from Yeshiva University, New York.

These new managers join the TraderTools core senior staff, including Martin S. Fawer, Chief Executive Officer and Chairman of the Board, Yaacov Heidingsfeld, Chief Operating Officer, and Mark Mayerfeld, Executive VP, International Sales.

"TraderTools is fast evolving from a start-up into a major player in electronic foreign exchange (eFX) technology," explained Marty Fawer, CEO and Chairman of TraderTools. "A broad tier of seasoned management is now necessary to help us realize our goal of becoming the leading supplier of OEM software solutions to the eFX trading community. I’d like to congratulate our new appointees and wish them luck in their new positions."