Mantara Announces Strategic Equity Stake from UBS Investment Bank

Jersey City - 15 September 2010

Mantara, Inc., a provider of advanced technology solutions for high-frequency trading, today announced that UBS Investment Bank has made a strategic equity investment in the firm.

Charlie Susi, Head of Direct Execution – Americas for UBS, said: “As we examined the landscape of low-latency trading and risk management technology solutions, Mantara stands out as a fully-integrated, multi-broker, multi-asset system built from the ground up with state-of-the-art capabilities and a smart co-location footprint. We think this relationship will help us to deliver even greater benefits to our latency-sensitive clients.”

Mantara has received growing recognition for its ability to deliver a powerful combination of low-latency trading solutions coupled with robust risk management capabilities to both buy- and sell-side institutions. Fueled by a rising demand for its innovative expressWayâ„¢ product suite and regulatory pressure encouraging greater risk management and control of high-frequency trading, the company is poised for accelerated growth.

Michael Chin, Mantara’s newly-appointed CEO, stated, “UBS has a reputation for technological excellence, client service and innovative trading capabilities. We’re very pleased to have them join us as a strategic equity partner. We think the inherent synergies are exciting, and look forward to working with them as we further develop our next-generation client solutions.”

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