Nomura Securities International, Inc. Selects Xcitek's XSP™ Solution for Automated Corporate Actions Processing

New York, NY, June 27, 2005 - Xcitek, the leading global provider of market data, corporate actions software, and consulting & staffing services, announced today that Nomura Securities International, Inc. has licensed the XSP™ solution to automate the corporate action processing for its Equities Operation to service its clients in the U.S. and in Tokyo. As part of the license, Nomura will roll out eTRAN™ (Electronic Tracking Response and Notifications) and the ISO 15022-compliant messaging module for the automated notification and response capture of elections. The agreement also includes licensing Xcitek’s award-winning corporate actions data.

XSP features comprehensive data scrubbing tools, robust workflow management modules, web and ISO messaging for client notification and response capture, and complete entitlement processing. Utilizing its powerful rules-based, data-scrubbing engine with built-in exception handling capabilities, XSP captures and sanitizes data from multiple vendor sources and custodian data. Through workflow tools, tasks are automatically routed to designated parties to handle the required action. XSP also offers the ability to track event notifications through its web-based module, eTRAN, by generating notifications to intermediaries for desired elections. Instructions are automatically updated to the back-end system for reconciliation and entitlement processing.

Brendan P. Farrell, Jr., Managing Partner at Xcitek, commented, "We are delighted to have Nomura Securities International as one of our latest clients licensing our end-to-end solution for corporate actions processing. Nomura represents our fifth Japanese client to streamline their operations by automating this complex process to reduce cost and risk. This latest selection of XSP further strengthens Xcitek’s position as the leading solution provider in the marketplace."

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