STAMFORD, CT, April 2, 2004: NYFIX, Inc. (NASDAQ: NYFX), a leader in technology solutions for the financial marketplace, today announced that it had signed a binding agreement to acquire, effective March 30, 2004, 100% of Eurolink Network, Inc., in which the Company previously had a 40% ownership interest, for one-year promissory notes aggregating $0.5 million, payable in cash or NYFIX common stock at NYFIX's discretion. Also in connection with its international expansion plans, the Company recently incorporated NYFIX International Ltd., a wholly owned subsidiary in the United Kingdom. That new subsidiary is in the process of applying for membership to the Financial Services Authority (FSA) in the U.K.
In addition, the Company reported that it has opened two new European data centers, based in London and Amsterdam, which went into production this week. "Expanding the network to Europe is an important component in our international network and transaction expansion," commented Peter Kilbinger Hansen, Chief Executive Officer of NYFIX, Inc. Through the addition of these new data centers, NYFIX will offer a more cost effective global order routing capability to its institutional buyside and brokerage customers.
Jennifer P. Carberry