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Radianz Selected By Boston Stock Exchange To Provide IP Network - RadianzNet Links BSE's Beacon Trading System To Global Financial Community

Date 22/10/2002

Radianz today announced an agreement with the Boston Stock Exchange (BSE) to provide Internet Protocol (IP) network connectivity to BEACON, the BSE's fully integrated communications, order-routing and trading system. Radianz's global financial extranet, RadianzNet, will enable the BSE to link an extended network of financial institutions worldwide.

Mike Curran, chief information officer of the exchange said, "As the BSE's business continues to expand, so does our need for increasingly complex and sophisticated technologies. By adding Radianz as a network provider, we are enabling our customers to access financial organizations connected to RadianzNet through BEACON."

Kevin Formby, vice president and head of U.S. Sales for Radianz said, "What institutions like the Boston Stock Exchange are finding is that Radianz offers quick and efficient access to new business. In this case, as in others, it was demand from our customers that enabled us to demonstrate to BSE the value of joining our global financial community."

Radianz targets business in the foreign-exchange, equities and fixed-income segments of the global financial services industry. Today's announcement will enable Radianz to offer institutions access to another important exchange, just one of many worldwide.