WALL STREET SYSTEMS NAMED AMONG TOP 50 SECURITIES TECHNOLOGY PROVIDERS FOR CAPITAL MARKETS

London and Las Vegas - 16 October 2006

Prestigious recognition reflects growth of Wall Street Systems in front-office solutions

Wall Street Systems, the leading provider of global treasury and capital markets solutions and services, today announced that Securities Industry News and the research firm Financial Insights, an IDC company, have named Wall Street Systems within the SecuritiesTech 50, an international annual listing of the top vertical technology vendors providing front-office solutions to the industry. Wall Street Systems achieved a number 20 position on the list.

This prestigious ranking recognises firms that have shown exceptional growth over the past two years. The listing ranges from large, multi-solution firms to small, specialty shops; from traditional technology vendors to broker-dealers.

"This ranking speaks volumes about Wall Street Systems' leading presence in the global financial services market," said Joel Mandelbaum, President and CEO at Wall Street Systems. "Based on a strong product line, the company has grown over the past two years to become the market leader in high performance transaction processing software. Delivering to a broad range of financial institutions and major multi-national corporations, Wall Street Systems has developed an outstanding reputation for its quality and responsive service, and prides itself in helping clients achieve long lasting benefits and results."

Mandelbaum continued, "Looking ahead, the recent acquisition of Trema, a leading provider of treasury software to corporations and financial institutions, will enable Wall Street Systems to build on this success.
The new company is perfectly positioned to further meet the demanding infrastructure needs of the increasingly competitive and complex financial marketplace."

"Our extensive research, focused on front-office solution providers, recognises key players and their leading presence in the global financial services market," said Michon Schenck, COO of Financial Insights, an IDC company. "Wall Street Systems' number 20 position in the SecuritiesTech 50 listing is a major achievement, reflecting a company that has demonstrated significant growth".

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