Andreas Preuss Appointed President of Trading Technologies; Former Eurex business development chair to lead TT's expansion.

Business Editors

EVANSTON, Ill.--(BUSINESS WIRE)--March 28, 2001

Trading Technologies (TT), the leading provider of single-point to multi-market electronic trading systems, announced today the appointment of Andreas Preuss to President of TT.

A former Eurex executive board member and head of business development, Preuss joined TT in October after spearheading the a/c/e alliance of the Chicago Board of Trade (CBOT) and Eurex in Chicago. As TT President, he will be responsible for the group's global operations and business strategy.

Preuss is widely recognized for his key role in building demand for Eurex, the largest derivatives exchange in the world. Prior to joining Deutsche Borse Group, he worked for Andersen Consulting, where he was instrumental in developing the Deutsche Terminborse electronic futures and options exchange (the predecessor to Eurex) in Frankfurt, Germany.

"Andreas will be in charge of all operational issues for TT globally," said Gary Kemp, TT Chairman and CEO. "With his experience and leadership in the electronic trading industry, I'm very confident in our ability to broaden TT's product and service offerings."

"TT has a cutting edge product suite, an impressive global customer base and highly talented, professional staff," said Preuss. "I've known Gary for over ten years, and I'm looking forward to assisting him and the entire TT team in implementing the TT global vision."

Trading Technologies, www.tradingtechnologies.com, is the leading provider of trading automation solutions to the financial community and marketplace automation services to non-financial companies in the business-to-business e-commerce arena. TT is the dominant source of multi-market trading screen technology for exchange-traded derivatives. Trading Technologies' systems provide direct access to major electronic exchanges around the world, as well as the world's largest OTC markets.

This press release may contain forward-looking information, including statements regarding strategic direction. These comments constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) which involve significant risks and uncertainties. Actual results may differ materially from the information discussed in these forward-looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements are general economic conditions, competition, potential technology changes, changes in or the lack of anticipated changes in the regulatory environment in various countries, the ability to secure partnership or joint-venture relationships with other entities, the ability to raise additional capital to finance expansion, and the risks inherent in new product and service introductions and the entry into new geographic markets.