* ORBITA assists with research and teaching programmes
* Middlesex University and De Montfort already signed up

London 26th April 2001: OpenTrade Technologies has announced a University Partnership Programme which allows academic institutions throughout Europe to evaluate its ORBITA real time business messaging and application integration software and to stimulate the use of Orbita for research and training.

Joel Jervis, OpenTrade CEO, says, 'We have initiated a dialogue with a dozen of the UK's leading universities and have provided copies of ORBITA for evaluation, research and teaching purposes.'

'Our intention is that the Programme will benefit Universities by making the latest real time technology available to students and teaching staff alike. OpenTrade also benefits from the Programme as there will be a source of trained technical personnel who know ORBITA's technology.'

Universities who are currently evaluating ORBITA, or who have already signed research licenses include Middlesex University, City University and De Montfort University. Middlesex University became OpenTrade's first Research Partner in November 2000 and is envisaging incorporating ORBITA in the Computing Department's syllabus this year. City University signed a research license agreement in December 2000 and will use ORBITA for students' projects.

As part of the same Programme, Dr. Bernardo Batiz-Lazo, Lecturer in Banking and Finance at the Open University Business School, has produced a teaching case study called "Innovations in Credit Control" which cites ORBITA as 'The leading real time Middleware solution in the field'. The case study is being used by over 1,000 managers in three continents as one of the resources in the 'Financial Strategy' course (part of the OU's distance learning MBA). Research by the same author on real time finance and featuring ORBITA is being published by Lafferty Publications (London) this year as part of a study named "Best Practice Benchmarking in Financial Services".

About OpenTrade

OpenTrade Technologies is the independent software house that invented real time business messaging in the 1980s. With offices in London, Frankfurt and Milan, OpenTrade has been supplying solutions based on this technology across Europe for 17 years.

OpenTrade provides the key component of a number of mission critical solutions for the financial services industry - its technology is used daily by institutions such as the Swiss National Bank, Banca Intesa and the Helsinki Stock Exchanges to make split-second judgements.

Now, real time business messaging is in demand outside finance and banking in a wide range of industries. OpenTrade's high-performance business messaging system, ORBITA, is being deployed as an essential component in applications from vehicle scheduling to public share dealing over the Web.

Technically, ORBITA enables the reliable, efficient distribution of real time information from a data source or publisher to any number of subscribers. Built to transport and deliver tens of thousands of messages per second per node, ORBITA provides a unique high performance publish/subscribe messaging architecture that supports high-speed message transport, and enables massive system and application scalability. The publish/subscribe mechanism allows information about business events to be published efficiently and very rapidly across private and public networks for B2B and B2C communications over any IP network.

OpenTrade is a wholly owned subsidiary of the Cairnsford Technology Group.

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