FIX Flyer, Portware, Volante and Celoxica Leverage Tervela's Message
                Network To Transform Trading Infrastructures

    NEW YORK, June 9 /PRNewswire/ -- Tervela, the leading provider of
high-performance messaging systems, today announced the new Tervela
Advantage Partner Program (TAPP). The program is an ecosystem of integrated
partner solutions that extend and amplify Tervela's Message Network to
ensure that financial services firms maintain competitive advantage with
their high-performance trading infrastructures. The combined solutions
overcome the operational inefficiencies and continuity constraints of
legacy middleware and messaging software. Charter members of TAPP include
FIX Flyer, Portware, Volante Technologies and Celoxica.

    "The Tervela Message Network is an intelligent, extensible,
high-performance messaging platform engineered to exceed the requirements
of the world's most demanding, data-intensive, financial services
organizations," said Bob Cramer, CEO, Tervela. "It consists of networked,
hardware-based Tervela TMX Message Switches(TM) that provide unparalleled
message throughput, ultra low-latency, unlimited scale, and high
availability. With TAPP we're extending our solution to include
best-of-breed partner offerings so our customers increase their competitive
advantage without having to overhaul their systems from the ground up."

    Tervela has chosen partners with solutions designed to take on the
demanding performance requirements and operational challenges of
high-performance trading infrastructures. Integrated solutions offered by
TAPP members are as follows --



    -- Tervela and FIX Flyer (http://www.fixflyer.com) provide an integrated
       electronic high-performance order routing platform that includes
       rules-based logic for trading and back office processing. Benefits
       include the ability to send and process orders for low-latency trading
       and increased operational efficiency from consolidating systems and
       network connections into a simple managed strategy.  The combined
       solution gives traders the ability to safely handle unforeseen spikes
       in volume during volatile markets.

    -- Tervela and Portware (http://www.portware.com) provide a solution that
       enables firms to leverage algorithms and automated trading strategies
       across multiple asset classes (Equities, FX, Futures and Options) from
       a single interface.  Benefits include the ability to take advantage of
       trading opportunities instantaneously while reducing risk.

    -- Tervela and Volante (http://www.volantetech.com) enable ultra
       low-latency integration of incoming real-time data or messages from any
       source or platform, as well as downstream processing of Tervela message
       flows.  Benefits include the ability to normalize multi-sourced data,
       support industry standards, and develop and test market data
       applications.  Time and costs are dramatically reduced because the need
       for hand-coded integration is virtually eliminated.

    -- Tervela and Celoxica (http://www.celoxica.com) provide a microsecond
       foundation for market data distribution to enterprise-wide systems that
       include pricing engines, matching engines and automated trading
       systems.  Benefits include the ability to connect to multiple execution
       venues and source unprecedented levels of market data more quickly with
       a drastic reduction in the overall trade lifecycle.

    "In today's real-time financial markets, the proliferation of dynamic,
high-volume, time-sensitive data creates many problems," said Bob Pasker,
independent technology consultant and Java luminary. "Together with its
TAPP partners, Tervela is now able to deliver an architecture that will
have a revolutionary impact on the efficiency of data distribution and
delivery. With fully integrated components, the combined solution provides
a single interface to deliver access to real-time market data and
consistent message processing regardless of market volatility."

    About Tervela

    Founded in 2004, Tervela delivers the next-generation communications
infrastructure -- the message network -- designed and engineered to exceed
the information dissemination and processing requirements of the world's
most demanding financial services institutions. Addressing the challenges
of market volume, volatility, and visibility, Tervela invented the message
switch to enable investment banks, hedge funds, exchanges, and other
data-intensive organizations to deliver consistent, outstanding, and
predictable performance -- even in the most demanding market conditions.
The company is funded by Goldman Sachs, Sigma Partners, Acartha Group and
North Hill Ventures.



     Media Contacts:
     Steph Johnson                            Kyle Peterson
     Page One PR for Tervela                  Page One PR for Tervela
     Tel: 1-212-410-2254                      Tel: 1-415-321-2349
     steph@pageonepr.com                      kyle@pageonepr.com

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