Kestrel CEO to be Featured Speaker at 2004 FTF Investment Technology Forecast Conference

NEW YORK, NY, November 17, 2004 – Kestrel Technologies, a leading developer of Fixed Income trading and investment solutions, today announced that Ed Bishop, President and CEO of Kestrel Technologies, will be a featured speaker at the 2004 FTF Investment Technology Forecast Conference,sponsored by Institutional Investor. This one-day interactive forum will take place on November 19th,
2004, at the Ritz-Carlton Hotel in Boston.

The focus of Bishop’s discussion and this year’s conference will be on how to achieve total system interoperability – not just integration – in order to take full advantage of the benefits of electronic trading and reporting. The objective is to combine best-of-breed technologies to acquire direct ECN connectivity; (pre- and post-trade), real-time reporting, interactive liquidity search capabilities, greater price transparency, and higher productivity.

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