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GFT Provides Full Certification Solution with Latest CertiFIX Release

Chicago: 12 April, 2007

Leading electronic trading solutions provider, Greenline Financial Technologies Inc., announced today the release of the latest version of its Electronic Trading Certification system, CertiFIX 2.6. CertiFIX is a centrally managed certification workflow application that reduces certification costs while optimizing clients’ interactions with their customers. This release focuses on new integration methods for CertiFIX, with an option to tie directly to a real trading environment in addition to providing a fully simulated experience.

CertiFIX automates the certification process for clients of FIX enabled exchanges and financial institutions. Today, a number of these organizations have departments dedicated to facilitating manual certification against their test environment. This can be a costly and time consuming effort if not effectively streamlined. CertiFIX reduces the costs of certification by providing a rich simulation environment that can be available to clients twenty four hours a day. Instead of having certification resources working through a lengthy certification process with clients, they can optimize their time to focus only on open issues, and proactively work with their customers.

“By adopting CertiFIX, BIDS Trading was able to greatly accelerate client certification to the new BIDS ATS, thus increasing the speed at which new liquidity is brought on board” said Tim Mahoney, CEO of BIDS Trading, L.P. “CertiFIX allowed us to easily mimic the intricacies of the BIDS environment in a simulated manner and greatly reduce any issues when customers connected to the live environment for the first time.”

CertiFIX has been enhanced with many new features in its latest releases. CertiFIX can now be used both as a fully simulated environment and as a proxy to allow direct scripted interaction with a customer’s system for certification. This provides another certification option that eliminates the need for administrators to keep their simulation environment aligned with their production environment, as clients will be certifying directly to the real environment. In addition, CertiFIX can now fully simulate certification for both buy-sides and sell-sides, by accepting and initiating a connection to counter-party. CertiFIX can be deployed either in a hosted or a non-hosted environment, providing the customer flexibility in deployment and configuration unrivaled by any other product.

Management and customization capabilities of CertiFIX have also been enhanced. Administrators can now leverage hierarchical questionnaires to drive customers to appropriate tests without user intervention. In addition CertiFIX, in concert with VeriFIX, can now manage multiple custom protocol definitions for the same version and allow users to certify directly against those multiple versions. Global variables and database integration are now included in CertiFIX to make the user experience as dynamic and realistic as possible.

“With the capability in the new version to integrate directly into a customers trading environment, we have eliminated the remaining concern of any customer looking to leverage an automated certification environment.” states Josh Tolman, Managing Director at Greenline Financial Technologies. “We have seen tremendous adoption of CertiFIX over the last six months due in large part to our continued focus on making a manageable and easy simulation environment for the industry.”

About Greenline Financial Technologies

Greenline Financial Technologies, Inc. (www.greenlinetech.com) specializes in providing systemic innovation to the US and international financial services industry. Greenline emerged with the advent of the global electronic marketplace and has since distinguished itself as an industry leader in custom enterprise development for the world’s premier financial institutions. Greenline brings a wealth of industry knowledge to every project and delivers technological performance with dedication, expertise, and savvy. Greenline’s flagship product, VeriFIX, is recognized throughout the financial services industry as the most robust and feature-rich FIX testing and simulation tool available on the market. Greenline complements VeriFIX with tools to assist companies throughout the certification and client support phases of their FIX initiatives. Greenline Financial Technologies is a Member of FIX Protocol Limited – North Americas.

Contact: Tim Wilcox at twilcox@greenlinetech.com or by phone at (312) 235-5603

About BIDS Trading, L.P.

BIDS Trading, L.P. is a registered broker-dealer and the operator of the BIDS Alternative Trading System (ATS), which was designed to bring counterparties together to anonymously trade large blocks of shares. Developed by a consortium of leading financial services firms, the BIDS ATS resolves the classic paradox of the block trader – the need to find legitimate trading counterparties without prematurely revealing trading intentions. For more information, visit www.bidstrading.com.

BIDS Trading, L.P. (“BIDS Trading”) is a member of the NASD and SIPC. BIDS Trading and the BIDS Trading mark are protected in the United States and in countries throughout the world.