Barclays Capital and Integral Enter into Foreign Exchange Technology Agreement

London and Mountain View, Calif. - 21 September 2006

Barclays Capital, the investment banking division of Barclays Bank PLC, and Integral Development Corp. have entered into a strategic technology agreement to develop a white label offering aimed at regional banks and brokers. The system will enable these clients to offer electronic FX trading functionality on to their own clients.

The new white label product offers Barclays Capital clients a world class eFX solution for their branch networks and end-user clients. The system includes the full range of liquidity controls for clients trading desks, and market leading features from Barclays Capital’s BARX for FX trading platform. Integral’s role as technology partner in hosting the platform, ensures the confidentiality and integrity of client data.

“This product will enable our financial institution clients to offer FX solutions to their own clients, benefiting from the FX technology expertise Barclays Capital has built up over the years.” said Ivan Ritossa, global head of FX at Barclays Capital. “Combining our innovative market technology with Integral’s hosted solution enables our clients to manage their own secure trading environment.”

Harpal S. Sandhu, CEO of Integral commented, “From our experience in developing eFX solutions over the last decade, the best outcomes and market differentiating results come from a close working relationship with leading institutions. We look forward to rolling out a series of technology platforms and enhancements with Barclays Capital over the coming years.”

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