CALYON SECURITIES SIGNS VANTHEDGEPOINT GROUP AS A CUSTOMER FOR NEW eBROKERAGE TRADING AND CLEARANCE SERVICE

NEW YORK, NY, February 21, 2006 -- Calyon Securities (USA) Inc., a subsidiary of Crédit Agricole Group, one of the world's largest corporate and investment banks, announced today that VanthedgePoint Group LLC, an integrated financial services company focused on addressing the needs of small hedge funds, has selected Calyon Securities as its clearing broker.

The Prime Brokerage, Clearing & eBrokerage division of Calyon Securities is a gateway to the breadth of products and services provided by Calyon globally. Its eBrokerage platform provides electronic access with split-second trading capabilities to all US equity markets. In addition, Calyon Securities offers a broad array of prime brokerage and correspondent clearing services covering domestic and international listed and OTC equities, corporate and government fixed income securities; and listed options through its affiliate Calyon Financial Inc.

"Our Prime Brokerage, Clearing & eBrokerage service is well designed and highly competitive," said Peter Ruel, Managing Director and head of US Equities for Calyon Securities. "It incorporates the newest architecture, giving it, we believe, a decided advantage over other legacy systems now available. It's also scalable and allows the handling of any trading strategy, regardless of density and volume of customer order flow. Having VanthedgePoint Group, which is focused on serving small hedge funds, choose eBrokerage as its clearing agent speaks to our system's broad and versatile capabilities. We're delighted to have them as an early customer, and especially appreciative of their recognition of Calyon Securities' many attributes."

"Calyon's eBrokerage gives us the global capabilities to expand our business into new investment products and markets as our clients' needs change," said Geoffrey M. Tudisco, CEO and Founder of VanthedgePoint Group LLC. "By working with Calyon we can offer a compelling new solution that helps small hedge funds improve productivity, reduce operating costs, and increase marketability."

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