Belzberg Adds New NYSE Electronic Trading Connection.

Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 23, 2001

Belzberg Technologies Inc. (TSE:BLZ.), a leading provider of global electronic trading systems, today announced that it has launched a new high-speed, high capacity connection to the New York Stock Exchange Common Access Point, or CAP.

NYSE CAP serves as a universal bridge between the NYSE's business services and its customers' networks. This state-of-the-art connection provides high-speed, high-capacity access to NYSE services, while maintaining the highest levels of security and reliability, trademarks of the Exchange.

Belzberg is one of the first vendors able to provide customers with automated trade executions on the NYSE through CAP. Belzberg's CAP connection follows the recent completion of its NYSE Direct+ connection, an automated execution service for small institutional orders of less than 1,000 shares.

"Belzberg Technologies is already routing over 40 million shares a day to the NYSE for automated execution," said Jim Marks, President of Belzberg Technologies. "With CAP and NYSE Direct +, we offer the most up-to-date options available for electronic institutional trading, providing our customers with the quickest and most reliable NYSE automatic order execution, confirmation and cancellation."

Belzberg Technologies creates the software and networks to enable seamless, direct-access routing and execution of trades for financial institutions in the United States, Canada, and Europe. Belzberg has established relationships with more than 90 clients, including a number of leading U.S. financial institutions and most major Canadian brokerage firms.

Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices and other factors