CLSA Consolidates Global Trading Systems onto IPC Platform

New York, London, Hong Kong – 14 September 2006

IPC Information Systems Inc. announced today that it is implementing a single global voice trading platform for CLSA, Asia’s leading provider of equity brokerage, investment banking and asset management services. IPC will install and manage an enterprise-wide VoIP (Voice Over IP) communications platform for a mixture of new and existing sites across 11 markets - Hong Kong, London, New York, Singapore, Taipei, Bangkok, Seoul, Kuala Lumpur, Shanghai, Beijing and Mumbai.

The decision to choose IPC’s integrated solution was driven by CLSA’s desire to improve trader productivity and reduce operational risk. CLSA traders will use IPC’s next generation turret IQ/MAX, which was launched in March of this year. In addition, CLSA will reap the benefits of IPC’s EHI (enterprise, hoot and intercom) solution which offers extensive connectivity options to off-floor personnel.

IPC’s proactive monitoring and management service, AFM (Advanced Fault Management), will deliver real-time visibility into CLSA’s entire trading infrastructure. This up-to-date status and commentary will help minimize financial risk associated with costly downtime that could result from emergency situations such as a power outage.

Rajah T, CLSA chief information officer said, “CLSA wanted a strategic partner who was innovative and who could help us explore the possibilities of VoIP for the trading floor. We felt that IPC best understood our goals and how technology would match the needs of our business.”

Stephen Phillips, IPC managing director of Asia said, “The decision by CLSA to globally consolidate their trading room requirements with IPC is a huge endorsement of our investment and focus on solutions for the trading floor. IPC has an excellent track record in meeting client requirements, and we are very excited to be selected to provide solutions and services on a global level to a world class brokerage such as CLSA.”

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