PORTWARE NAMED BEST ELECTRONIC TRADING SYSTEM

London, UK – 19 September 2007

Portware, an independent provider of global, multi-asset trading solutions, last night won the award for Best Electronic Trading System: Buy-Side at the fifth annual Financial News Awards for Excellence in IT Europe 2007.

Judged by a distinguished panel of independent analysts and industry experts, the award recognises Portware’s success in delivering broker-neutral, flexible and highly-functional electronic trading systems to the largest European buy-side institutions.

The award criteria focused on product innovation, creativity and success in financial IT. Of the five short listed electronic trading system candidates (Charles River Development, Latent Zero, Portware, Reuters and Liquidnet) Portware was voted the best overall system.

Eric Goldberg, chief executive officer, Portware accepted the accolade at last night’s awards ceremony in London. Commenting on the award he says: “This award is a testament to our ongoing commitment to develop an electronic trading system that provides our clients with a wealth of trade workflow applications and benefits across single stock, portfolio and algorithmic trading strategies.”

Stuart Adams, managing director EMEA, Portware adds: “This award comes at a time when our business in Europe is experiencing strong growth as clients embrace our technology. Portware offers a robust and scaleable solution for the changing regulatory and market landscape.”

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