TransactTools Selects FIX CITY as Preferred Integrator for Europe

Partnership will expand TransactTools’ delivery capabilities in Europe

London, UK – April 26, 2004 - TransactTools, the leading vendor of financial
messaging technology, has selected FIX CITY as Preferred Integration Partner for UK and Europe. London-based FIX CITY provide expert integration, product development and consulting services within investment management, focusing on electronic trading and the use of industry standard messaging such as the FIX protocol.

"Our relationship with FIX CITY since the launch of their ioinet service has
proven to us that the quality of their staff and expertise is top-notch,"
commented Sam Johnson, CEO of TransactTools. "Their experience of our product platform and the synergies between both companies make them an ideal integration partner for us. Customers are demanding that technology providers offer expert integration services. Having FIX CITY as our Preferred Integrator in Europe will expand our capability to deliver complete solutions there."

Paul Scott, Director of FIX CITY, noted: "We are delighted to have this
opportunity to further develop our relationship with TransactTools. Our companies have had a close and very productive working relationship for the past year with the development, hosting and production support of our ioinet
service. We have constantly been impressed with their excellent connectivity platform and the quality of support that they provide. Financial firms in the UK and across Europe are looking for a complete package of technology, services, support and expertise. By working together, FIX CITY and TransactTools can offer these firms a proven and unrivalled ability to deliver solutions."

FIX CITY's ioinet and TransactTools' Transactional Connectivity Management
platform will be on display at TradeTech Paris, April 24-26 2004.

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