PORTWARE RELEASES SIGNIFICANT UPDATE TO ENTERPRISE TRADING SOLUTION

Enhanced options trading, new analytics and reporting packages highlight Enterprise 5.0

New York - May 4, 2010 – Portware, the leading provider of highly integrated, multi-asset algorithmic trading solutions, today introduced Portware 5.0, the next major release of the company's flagship trade management and execution platform. Enterprise 5.0 delivers a host of new features and product enhancements, including new trading tools, analytics packages and core technology updates. The result is an even more powerful version of Portware's award-winning Enterprise trading platform that builds on a decade of innovation in high-performance algorithmic trading technology.

Highlights of Portware Enterprise 5.0 include:

• Enhanced Options Trading. Portware has released a completely redesigned options trading platform, including an advanced front end with new configuration tools and enhanced options chains views; integration with Hanweck Associates' high-performance, low-latency options analytics solution, VoleraFEED; and an automated delta hedger that complements existing algorithmic offering.
• Custom Alerts Package: Portware's highly customizable Alerts interface helps users monitor critical trading related events in real-time. Users can easily create custom alerts that will notify them about any type of trading or market related event and automatically launch related processes.
• Global Connectivity. Enterprise 5.0 includes multiple technology updates to simplify broker connections, including a new web-based configuration tool for managing FIX connections and enhanced support for the new FIX Algorithmic Trading Definition Language (FIXatdl). In addition, Enterprise 5.0 allows users to dynamically update plugins, such as order routing and trade validation modules, without having to perform a system restart.
• New Reporting Toolset. Enterprise 5.0 also includes a new, highly configurable data warehouse and reporting toolkit that can be used by any client to generate custom reports on data within the Portware Enterprise trading system. With this new update, users have much greater control over report parameters, filtering options and scheduling.

"Enterprise 5.0 delivers powerful new trading functionality while adding a host of new platform configuration and optimization features," said Ary Khatchikian, President and CTO, Portware. "With Enterprise 5.0, we've built on our earlier success and created an even more advanced trading platform, one that will address our clients' most complex trading requirements and serve as the foundation for Portware development."

Media Contacts:

Laura Anderson
Articulate Communications Inc.
landerson@articulatepr.com
212.255.0080, ext. 11

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.