IPC to Provide Global Trader Voice Communications for Merrill Lynch

New York - 13 November 2007

IPC Systems, a premier provider of mission-critical trading floor communication solutions for the financial services industry, today announced a global deal with Merrill Lynch for the sale and support of advanced voice trading systems. Under the agreement, almost 4,000 IQ/MAX next-generation trading desktops will be installed on Merrill Lynch’s two largest trading floors in New York and London, and on other trading floors throughout the globe.

IPC’s IQ/MAX, an advanced, VoIP-powered digital system, will be implemented in early 2008. The deal also includes four hardened data centers in London and New York.

Tony Kerrison, CTO, Global Technology Infrastructure at Merrill Lynch, said, “IPC focuses on what matters most to our traders: efficiency, dependability and user-friendliness. The outstanding VoIP technology IQ/MAX delivers will provide our traders with highly advanced, reliable and collaborative trading floor communications.”

Lance Boxer, Chief Executive Officer of IPC said, “Even prior to this agreement with Merrill Lynch, the launch of our IQ/MAX system had been the most successful in IPC’s history. Today’s agreement is one of the industry’s most advanced uses of this technology and a culmination of our more than 30 years of exclusive dedication to voice communications for the trading floor.”

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