Interbank FX Tops Utah Business Magazine's "Fast 50"

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Tue Sep 2, 2008 4:00am EDT

IBFX's Rapid Growth and Unique Business Model Propel the Company
                 to the #1 Spot on the Inaugural List
SALT LAKE CITY--(Business Wire)--
One week after being named the 46th fastest growing privately held
company in the U.S. in Inc. magazine's annual Inc. 500, Interbank FX
(IBFX.com), a worldwide provider of online foreign currency (Forex/FX)
trading, today announced it achieved top honors in Utah Business
magazine's first ever Fast 50 awards program--an event which
highlighted the 50 fastest growing companies in Utah. Since 2003,
IBFX's annual revenue increase has exceeded an astounding 32,000
percent.

   "When I began Interbank FX, never could I have envisioned the
tremendous growth we have experienced over the past five years," said
Todd Crosland, Chairman and President of IBFX. "I am so proud of the
talented men and women who comprise the IBFX team, without whom this
recognition would not be possible. The world-class service we offer
our customers as well as our proprietary trading technology have
established us as a leading FX brokerage, and I am so honored to be
recognized by the Utah business community for our efforts."

   The Utah Fast 50 program was designed to recognize companies for
their entrepreneurial spirit, innovative business tactics and
skyrocketing revenue growth. Other quality contenders at this year's
event included web analytics company Omniture, as well as popular
headphone and earbud manufacturer Skullcandy. IBFX was honored at an
event in Salt Lake City on August 27th and will be featured in Utah
Business magazine's September issue.

   IBFX has achieved several company milestones in 2008 year-to-date,
and has experienced rapid growth in customer accounts and trading
volume over this same time period. Among the myriad of achievements
that demonstrate IBFX's continued value proposition to customers as a
trusted foreign exchange trading platform include:

   --  Strong Growth in Customer Accounts: Current customer base in
        excess of 27,000 active accounts in 140 countries around the
        globe

   --  Record Trading Volumes: Notional one-day trading volume of
        more than $11 billion on June 30, 2008, representing the
        highest daily trading volume recorded in IBFX's history of
        operation

   --  Enhanced Revenue Growth: YTD revenues up more than 140 percent
        compared to same time period last year

   To learn more about Interbank FX or to open a free Forex practice
account, visit www.IBFX.com.

   About IBFX

   Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX.com)
is a leading provider of online foreign exchange trading services,
offering individual traders, fund managers and institutional customers
proprietary technology and tools to trade spot foreign currency
online.

   Unlike other retail FX brokers, IBFX has distinguished itself as
an industry leader with its unique "no dealing desk" agency model,
proprietary tools and services, and focus on customer care. This has
lead to longer term and more profitable relationships and has also
manifested itself in the numerous awards and industry accolades that
IBFX has compiled. The recognition includes Best Online FX Provider,
Best Foreign Exchange Broker, Best Chairman, Ernst and Young
Entrepreneur of the Year, and Inc. 500.

   Interbank FX serves over 27,000 clients from more than 140
countries and supports trading volume in excess of US$70 billion per
month. The company is regulated as a Forex Dealer Member by the
National Futures Association and is also registered with the Commodity
Futures Trading Commission as a Futures Commission Merchant. Trading
in the off-exchange retail foreign currency market is one of the
riskiest forms of investing and should only be attempted by
experienced traders.

Interbank FX, Salt Lake City
Public Relations Specialist
Corbin Layton, 801-930-6936
Corbin.Layton@ibfx.com

Copyright Business Wire 2008
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