QUADRISERV INC. APPOINTS MARTIN DOYLE, FORMER PRESIDENT OF ONECHICAGO, TO SENIOR EXECUTIVE POSITIONS

New York, NY - 15 November 2007

Quadriserv Inc., a pioneering provider of price transparency and efficiency to the securities lending industry, today announced that it has appointed Martin Doyle to the newly-created positions of General Counsel of Quadriserv Inc. and President of Quadriserv Brokerage Services. Mr. Doyle joins Quadriserv from OneChicago, the nation’s only security futures exchange, where he most recently served as President and General Counsel.

As General Counsel of Quadriserv Inc., Doyle will focus on legal, regulatory and compliance issues. In his capacity as President of Quadriserv Brokerage Services, Doyle will leverage his expertise to implement, and execute equity-linked derivatives trading strategies on behalf of the Company’s institutional clients. In both roles, Mr. Doyle will report directly to Joe Weinhoffer, Quadriserv’s Founder and Chief Executive Officer.

“Quadriserv is responding aggressively to the demand from hedge funds and institutional lenders for a more efficient, cost-effective and transparent securities lending process,” Mr. Weinhoffer stated. “As a result, we have greatly expanded the number of hedge fund customers and related counter-parties with whom we conduct securities lending transactions –growth which has created the corresponding need to enhance our senior leadership with dedicated legal and regulatory expertise. We are thrilled that Marty is joining us as General Counsel to oversee this important aspect of our business, and believe that his proven operational, transactional and executive leadership will play an integral part in our ongoing growth.”

“As the immediate past president of OneChicago, Marty also brings extensive futures and options experience to the job of President of Quadriserv Brokerage Services,” Mr. Weinhoffer continued. “In this capacity, Marty will lead the effort to grow our brokerage services, with a particular emphasis on single stock futures. We see substantial opportunity in this area, and believe Marty will prove instrumental to the future success of our brokerage business.”

“I am honored to be joining Quadriserv’s senior leadership team, whose experience and commitment have been instrumental in achieving first-mover advantage in the evolving security futures and lending marketplace,” Mr. Doyle added. “The Company has attracted impressive support from hedge funds seeking to achieve operational alpha. With new product innovations coming on-line over the next several months, I am looking forward to Quadriserv’s continued expansion of its customer base while sustaining profitable growth.”

Doyle has been involved in financial services since 1983. Prior to his tenure at OneChicago, Doyle was Vice President and General Counsel of Lind-Waldock, which was the world’s largest futures discount firm until it was acquired by Refco, LLC in 2000.

Doyle serves on NFA's Hearing Committee and as an NFA arbitrator. He earned a Bachelor of Arts degree from St. Mary's University and a Juris Doctor from John Marshall Law School.

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