InfoReach Rolls out an Electronic Execution Platform to UBS O'Connor

CHICAGO, IL - October 15, 2001 — InfoReach, Inc. recently completed another rollout of InfoReach TMS electronic execution platform to O'Connor, a hedge fund manager with operations in the US, the UK, as well as capabilities in Asia. The system, which has been in production for over a year, proved itself valuable in a hedge fund's transition to Straight Through Processing (STP).

According to Jim Vanek, COO of O'Connor, InfoReach and its products successfully aided a managed fund's transition to STP: "We were looking for a provider of order management technologies that would allow us to electronically connect our traders around-the-clock with global liquidity pools, centralize funds' order flow and feed the executed transactions into our back office and risk systems in real-time. InfoReach TMS provided the necessary support for algorithm-controlled electronic executions of large, multi-instrument portfolios. Its cutting edge technologies allowed us to deploy an enterprise-wide scalable system." InfoReach Inc., is a major provider of FIX connectivity, electronic order management technologies to the financial industry, and its products include InfoReach FIX Engine and Order Management Suite.

InfoReach TMS features platform-independence, scaleable distributed architecture, real-time centralized order management and reporting, and powerful end-user GUI components. It has been successfully deployed at various buy-side and sell-side institutions around the world. InfoReach Financial Information Exchange ("FIX") Engine product is a superior off-the-shelf enterprise quality solution for FIX-based connectivity.