ALLIANCEBERNSTEIN EXPANDS PORTWARE DEPLOYMENT TO EUROPE AND ASIA

Leading Asset Management Firm Goes Live with Portware's Trading System in the UK and Hong Kong

New York and TradeTech Paris 2009 – Portware LLC today announced that AllianceBernstein L.P., one of the largest publicly-traded asset management firms in the US, has deployed Portware's Enterprise trading platform globally. AllianceBernstein's decision to accelerate the deployment of Portware Enterprise in the UK and Hong Kong follows its successful product implementation in the US.

Michael Schwartz, chief operating officer of global equity trading at AllianceBernstein, said, "Portware's Enterprise product is a great fit in meeting our global trading and workflow requirements, while the system's open architecture allows us to customize Portware to meet our specific trading and compliance needs. Portware offers truy global support, with teams in London and Hong Kong that can work closely with our local traders and IT personnel."

Eric Goldberg, CEO, Portware, comments: "We are extremely pleased that AllianceBernstein has selected Portware to support their global trading operations. We believe that their decision speaks to Portware's ongoing commitment to provide innovative trading solutions and unparalleled client support worldwide."

Media Contacts:

Cognito UK
Rod de St Croix/Jennifer Cole
portware@cognitomedia.com
+44 (0)20 7438 1100

Cognito US
Loretta Mock/Paul Damon
portware@cognitomedia.com
+1 646 495 5550

About Portware

Founded in 2000, Portware LLC is the financial industry's leading developer of broker-neutral, automated trading software for global equities, futures, options and FX. With offices in New York, London, Hong Kong and Hyderabad, Portware works in partnership with its clients to create highly integrated solutions to streamline workflow and increase operational efficiencies on trading desks worldwide. Portware's flagship product, Portware Enterprise, is a fully customizable, FIX-compliant trade management and execution system for single asset, portfolio, basket, automated and algorithmic trading. Portware Enterprise has been implemented at more than 100 financial firms worldwide, including sell-side program trading desks, quantitative hedge funds and investment management firms.

For more information, please visit www. portware.com.

About AllianceBernstein

AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. AllianceBernstein employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies and alternative investments and, through its subsidiaries and joint ventures, operates in more than 20 countries. AllianceBernstein's research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities. Through its integrated global platform, AllianceBernstein is well-positioned to tailor investment solutions for its clients. AllianceBernstein also offers independent research, portfolio strategy and brokerage-related services to institutional investors.