Integral Sells MarginMan™ to SS&C to Focus on FX Inside™ and Direct Market Access in Foreign Exchange

MOUNTAIN VIEW, Calif., August 26, 2005 - Integral Development Corp. confirmed the sale of its MarginMan collateralized trading solution to SS&C Technologies (NASDAQ: SSNC) of Windsor, Conn. Integral acquired MarginMan as a part of its acquisition, in February 2002, of Dublin, Ireland-based International Financial Systems.

"The sale of MarginMan reflects the growing success of our strategy to provide direct market access in foreign exchange via FX Inside and the Integral Integration Network," said Harpal Sandhu, CEO, Integral. "MarginMan had simply fallen outside of our core business focus, but will serve SS&C well in the collateralized trading market."

Integral has nearly completed the major roll-out of FX Inside announced at the ACI World Congress in Stockholm earlier this year. It is the world’s first direct market access system for foreign exchange and is now being deployed to more than 55 bank and fund management customers.

FX Inside aggregates spot prices from market making banks and ECNs, giving dealers a single, executable view of all available eFX liquidity sources. It began live North American trading in late 2004 and launched its European trading operations in early 2005, delivering streaming executable prices from Monday open in Sydney to Friday close in New York for 37 currency pairs.

The Integral Integration Network is a real-time system of liquidity providers and liquidity takers for OTC financial products. Market participants connect to the each other through a single Integral APIâ„¢ interface from which they can negotiate, execute and settle trades.

Linden Advisors acted as financial advisor to Integral in this transaction.

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