XiliXTM Selected by Two Additional Asset Managers

Tokyo JAPAN, January 21, 2005 – Two (undisclosed) asset managers have newly selected XiliXTM to connect to MetaBit’s MLHTM. MetaBit’s latest clients both started trading cash equities into Japan’s markets from their respective domiciles in Hong Kong and Japan.

The choice of one of the clients was driven in particular by the latest functionality of XiliXTM, which provides a real-time, online intra-day position keeping and profit and loss module that interacts with a client’s internal position keeping system, or positions kept with the executing broker. This is the only such offering in the market.

Buy side clients find the high performance, intuitive trading GUI of XiliXTM to be a key decision maker for choosing the product. Professionals also value MetaBit’s individual customer services and close attention to traders’ needs.

"We are pleased with the market’s positive response since the release of XiliXTM in October 2004," said Yoko Tateya, Director, MetaBit, "We will continue to selectively expand the functionality of XiliXTM in response to the requirements of the buy side, while keeping its intuitive simplicity."

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