Portware Reports Rapid Growth and Global Expansion in First Half of 2009

Company Bolsters International Presence with Additional Sales and Support Staff
NEW YORK--(Business Wire)--
Portware, the leading provider of global, multi-asset electronic trading
systems, today announced that the company is on target to achieve significant
growth in 2009. To capitalize on increased global demand for Portware`s advanced
trading solutions and support the company`s expansion, Portware has hired four
highly experienced sales professionals in North America, Europe and Asia
Pacific.

Portware`s growth has been strong across all product lines, particularly
Portware FX, the company`s ground-breaking platform that aggregates liquidity
from banks, dealers and electronic communications networks (ECNs) worldwide.
Also notable is Portware`s success among the leading global asset managers, with
the company`s 10 largest new clients managing over U.S. $5 trillion in assets
collectively.

To help support the firm`s rapid expansion, Portware has bolstered its global
sales team, adding four industry veterans in New York, London and Hong Kong. New
team members include:

* Marcus Chan, head of Asia-Pacific sales, who will be based in the firm`s Hong
Kong office. Prior to joining Portware, Chan was the regional sales manager for
the Asia-Pacific region at Orc Software, where he worked closely with both buy-
and sell-side firms on advanced electronic trading initiatives.
* Alan Price, who has been appointed regional sales manager for Europe. Price
joins Portware from Linedata Services where he was head of front office sales,
focusing on order management systems and pre- and post-trade compliance.
* Tim Kemp, head of European sales engineers, who brings eight years of business
analysis and pre-sales engineering experience to the company. He joins Portware
from SimCorp and Advent Software where he supported institutional asset and
private client managers.
* Joe Gresia, senior sales executive, a 20-year veteran of Wall Street who joins
Portware from JPMorgan Chase`s Electronic Client Services division, where he was
the vice president of sales. Gresia`s tenure at J.P. Morgan began when the firm
acquired Neovest, where he served as vice president of institutional sales.

"We`ve seen great demand among global asset managers for advanced,
broker-neutral trading solutions that can address complex workflow requirements
and provide greater visibility into firms` order flow," said Jim Feingold,
global head of sales, Portware. "We`re investing in top-notch professionals to
help us meet this demand and serve the needs of sophisticated traders
worldwide."

Portware will be exhibiting at the SIFMA Technology Management Conference in
booth #1851 from June 23-25, 2009, at the Hilton New York. For more information
or to schedule a meeting, please contact kzack@articulatepr.com.

About Portware:

Founded in 2000, Portware LLC is the financial industry's leading developer of
broker-neutral, automated trading software for global equities, futures, options
and FX. With offices in New York, London, Hong Kong, and Hyderabad, Portware
works in partnership with its clients to create highly integrated solutions to
streamline workflow and increase operational efficiencies on trading desks
worldwide. Portware's flagship product, Portware Enterprise, is a fully
customizable, FIX-compliant trade management and execution system for
single-asset, portfolio, basket, automated and algorithmic trading. Portware
Enterprise has been implemented at more than 130 firms worldwide, including
sell-side program trading desks, quantitative hedge funds and investment
management firms. For more information, please visit www.portware.com.

Media:
Articulate Communications Inc
Katy Zack, 212-255-0080, ext. 11
kzack@articulatepr.com

Copyright Business Wire 2009