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Press release: for immediate release

Hatstand supports Xenomorph

London, England, 8 March 2006

Xenomorph, the leading provider of data and decision management solutions, announced today the appointment of financial technology specialists, Hatstand, as their first officially accredited implementation partner.

Hatstand has considerable consultancy expertise within the investment banking community, and in particular credit derivatives. This experience will make Hatstand an ideal consultancy and implementation partner for Xenomorph’s TimeScape data and decision management solutions.

As part of the accreditation process, Hatstand has worked with Xenomorph on a number of client-sponsored projects,including the development of new real-time data streaming interfaces which are currently being incorporated into TimeScape as additional modules available as product modules and will be available to Xenomorph’s clients very shortly.

Greg Johnson, COO, Xenomorph, said “We have really enjoyed working with Hatstand over recent months and are delighted to formalise our partnership. Xenomorph’s TimeScape solutions provide unrivalled data and decision management capabilities, while Hatstand offers considerable expertise in systems implementation and integration. Together we make a partnership capable of exceeding even the most demanding of client requirements.”

Adam Bennett, Managing Partner, Hatstand, said “It has been a great experience working with Xenomorph and we are very pleased to become an accredited partner of such an innovative company. We at Hatstand are very excited about the prospect of extending our collaboration still further.”

For further information, please contact

Xenomorph
Marketing
Tel: +44 (0)20 7614 8600

Hatstand
Adam Bennett
Managing Partner
Tel: +44 (0)20 7173 6280

About Xenomorph

Xenomorph delivers high performance data and decision management solutions for the capture, cleansing, control and analysis of high volume real-time, historical and derived data across all asset classes.

Xenomorph’s clients include global investment banks, major asset management companies and hedge funds across the world's main financial centres, where they are used by traders, fund managers, quantitative analysts, risk managers, IT and back-office staff.

Established in 1995, Xenomorph is a privately held firm with offices in London and New York.

For more information on Xenomorph, our clients, services and solutions, please see www.xenomorph.com.

Xenomorph® and TimeScape™ are registered trademarks of Xenomorph Software Limited. Other product and company names herein may be trademarks of their respective owners.

About Hatstand

Hatstand provides specialist niche consultancy services within the electronic trading systems arena including: selection, design, development, project management, business analysis,implementation and support. Hatstand also provide specialist business analysis and development skills for high performance & highly available direct exchange links, order routing and order management. Hatstand have more recently focused on project management and business analysis for the rapidly evolving Credit Derivatives IT market.

Hatstand’s clients range from tier one global investment banks though to small brokers mainly based within the London financial market but also throughout Europe. Services range from full managed service teams through to satisfying specific skill gaps for existing teams.

Established in 1999, Hatstand Limited is a privately held firm with the head office based in London.

For more information on Hatstand services, clients and example solutions, please visit our web site: www.hatstand-ltd.com.


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