Bridge eMarkets and Velocity Systems International Offer Flagship Solution for Bank Treasury Departments.

Business Editors

NEW YORK / SYDNEY--(BUSINESS WIRE)--January 22, 2001

Partnership leverages VSI's proven trading platform and

BRIDGE's content and global distribution

Bridge eMarkets(sm), a subsidiary of Bridge Information Systems, Inc. (BRIDGE(R)), has signed a global licensing and distribution agreement with Velocity Systems International (VSI), developers of Internet-based foreign exchange and money market transaction applications. Through the agreement, Bridge eMarkets will offer a private-labelled version of V-FX / FX Trader, VSI's flagship Internet-based solution which enables bank Treasury departments to price, execute, confirm and manage foreign exchange trading with their customers and branch offices.

The agreement provides Bridge eMarkets with a best-of-breed solution in the rapidly growing market for online institutional banking solutions and offers VSI access to global distribution via the network of BridgeStation and BridgeChannel workstation users globally.

Within the rapidly moving online foreign exchange industry, the agreement between Bridge eMarkets and VSI signals the arrival of an unmatched solution armed with proven technology and capable of leveraging BRIDGE's variety of strengths including BRIDGE's distribution platform, which directly addresses the world's largest banks in 65 countries.

The two companies have been collaborating for the past six months and have already jointly secured new clients. "Both parties wanted to ensure an absolutely solid and practical operational framework, so we tested it together. The collaboration has worked beautifully in two regions and brought more than a dozen people from each company into close working contact," said David Rutter, CEO of Bridge eMarkets. "VSI has a superior technical solution, with several established sites with large banks operational for nearly a year. Now we're ready, with VSI, to offer our growing range of financial markets dealing solutions to an increasingly receptive world market."

Velocity CEO Jim Nuzum continues "We're delighted to work in partnership with Bridge eMarkets. The collaboration draws together all the ingredients of an exacting turnkey solution for our clients: real-time news and financial markets data, network infrastructure, hosting services and a powerful, multi-product trading platform. As the industry continues to evolve, we see this holistic approach as a vital point of difference."

Through its use of the SAVVIS Communications (Nasdaq: SVVS) network, BRIDGE is an ideal springboard with which to provide client banks an immediate, turnkey ASP solution for foreign exchange, and in the near future more advanced money market products. "We see an ASP-style offering, powered by Velocity, as a natural fit for the regional bank sector globally and an integral element of our broader distribution strategy going forward," added Nuzum.

About Bridge eMarkets

Bridge eMarkets, a subsidiary of Bridge Information Systems, Inc. (BRIDGE(R)), works with international financial institutions to create and operate order and trade management systems. Bridge eMarkets draws on its industry expertise, a suite of proprietary software tools, and the vast resources of BRIDGE to bring groundbreaking concepts to market quickly and efficiently. Founded in 2000, Bridge eMarkets comprises business and technology professionals located in North America, Europe and Asia. BRIDGE, together with its principal operating units, Bridge Information Systems, Telerate, Inc., Bridge Trading, eBRIDGE, BridgeNews and Bridge eMarkets, is the largest provider of financial information and related services in North America and one of the fastest growing in the world.

For more information on Bridge eMarkets, visit www.bridge.com.

About VSI

Headquartered in Sydney Australia, Velocity Systems International is a leading developer of real time electronic financial markets trading systems. Its flagship offering, V-FX / FX Trader has quickly established itself in the global market and delivers on the promise of innovative e-banking solutions. VSI was founded in 1997 and has offices in Sydney, London, Paris and New York. With 50 percent of major Australian banks, VSI dominates its sophisticated home market, which continues in the tradition of "early adopters" in the Treasury IT space.

For more information on VSI, visit www.velsys.com.