Broker-To-Broker Networks Selects OM Technology To Provide Core Technology For New Global Equity Service

Broker-to-Broker Networks selects OM Technology to provide core technology for new global equity service. New Service will enable cross-border, interbroker routing and settlement OM Technology, the world's leading supplier of transaction technology, today announced an agreement under which OM will provide the core technology for Broker-to-Broker Network Inc.'s (B2B) new global equity service. The agreement, excluding software support, is valued at approximately USD 3.5 million. B2B, based in London, is establishing an internet-based system to enable investment banks and stockbrokers worldwide to execute and settle securities transactions, including domestic and cross-border transactions. Initial operations will commence during 2000 with the full service launch, covering 15 countries, expected to take place in January 2001. "Partnering with Broker-to-Broker is evidence of our ongoing commitment to change in the marketplace and our ability to stay ahead of the curve utilizing both our global knowledgebase and meaningful innovations in transaction technology," said William S. Payne, president of the Securities System Division of OM Technology. The technology platform is based on OM Technology's OneWorld suite of applications which employs individual modules managed and maintained as a single architecture to deliver "straight through processing" across the full complement of routing, execution and settlement requirements. OM Technology, a member of the OM Group, is the world's leading supplier of transaction technology, products and services. OM operates exchanges and develops technology that increases the efficiency of financial markets worldwide. OM Technology's parent company, OM Gruppen, is listed on the OM Stockholm Exchange. For more information about OM Technology, please visit www.omtechnology.com. B2B (www.brokertobroker.net) was established in 1999. The company is based in London through a UK operating subsidiary and is incorporated in Delaware, United States. B2B is a start-up business established to provide an independent communications and financial processing system between brokers that will facilitate domestic and cross-border trading of securities.