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The Archipelago Exchange(SM) (ArcaEx(R)) Announces Dual Listing Of MCF Corporation

Date 14/10/2005

The Archipelago Exchange(SM) (ArcaEx(R)), the nation's first totally open, all-electronic stock exchange, announced that MCF Corporation (Amex: MEM), the parent company of Merriman Curhan Ford & Co., a securities broker-dealer and investment bank, is now dually listed on ArcaEx.

"MCF Corporation is another great win for ArcaEx as we continue to expand our base of listings," said Sam Long, Managing Director of ArcaEx's Corporate Client Group. "There's a need for competition in the listings arena, and companies are realizing that we are driving the race to be the marketplace that works for its listed companies and their shareholders."

"We are pleased to be affiliated with the ArcaEx stock exchange for its automation, transparency and forward thinking," commented Jon Merriman, chairman and chief executive officer of MCF Corporation. "ArcaEx's open market structure is good for both the individuals and institutions who want to invest in our firm and grow with us over the long term."

In addition to providing the advantages of fully-electronic trading, ArcaEx enables NYSE-, Amex- and Nasdaq-listed companies and their investors to reap the benefits of ArcaEx's investor focused market structure. ArcaEx operates as an all-electronic auction market, with an open limit order book matching buyers and sellers directly based on simple price and time priority, leveling the playing field for all market participants.

Currently over 230 companies are listed on ArcaEx. In addition to its own listings, the exchange trades all NYSE, Nasdaq, and Amex listed stocks.