Atrium Network opens New York operation

London - 29 January 2008

Atrium Network, providers of smart connectivity for the global financial services community, today announced the expansion of its business by opening a new office in New York. The office opening marks a significant milestone in the expansion of Atrium Network's operations to locally serve Atrium Network's existing customer base and offer its services to the US market.

Atrium Network provides technology for financial services firms: secure extranet connectivity enabling interconnectivity to other financial services institutions ie brokers, exchanges, clearing houses, CSDs and market data providers; dealing desk digital VOIP turrets with fully outsourced and maintained dealing voice and order management technology and corporate technology in the form of outsourced intranet and extranet services. From the outset, Atrium Network offers low latency connections with all the US exchanges and ECNs, and offers US clients connectivity to the European exchanges and Chi-X Europe, the first live pan-European multilateral trading facility.

Atrium Network has continually expanded its reach and continues to increase in size and scope to help more clients with connectivity solutions. Atrium Network has offices in Luxembourg, London and Paris servicing its European client base and the opening of the US office provides a regional presence from which to serve the US market.

Commenting on the opening, Mike Horowitz Senior Executive Vice President, US Operations said, "Connectivity, trading, corporate technology can represent a huge cost, not to mention risk to financial services firms, particularly buy-side firms. Having witnessed Atrium Network's continued success in Europe, I am confident that their services will be very welcome in the US where technology is driving performance, but putting ever more pressure on budgets and resources." Horowitz joins Atrium from his position as CEO of IP Trade with Vinko Grskovic, Senior Vice President, Engineering.

Emmanuel Carjat, CEO of Atrium Network added, "This is a significant milestone for Atrium Network. We have been pleased with the steady growth of the firm in Europe to date. Our clients are reaping the benefits of using Atrium's extranet and corporate technology to rationalize their financial exposure and to take advantage of the operational efficiencies Atrium Network can bring. We certainly see similar demand in the North American market place and are confident that Mike and Vinko will be able to build on our existing US business."

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