HedgeStreet Announces Contracts Based on Revenues and EPS of Large Corporations.

New Class of Corporate Actions is a First For Any Exchange

SAN MATEO, Calif. -- The HedgeStreet Exchange announced today its plans to launch a new class of "Corporate Actions" contracts that enable investors to trade on the anticipated revenues and earnings per share (EPS) of large publicly owned corporations. These contracts are the first trading instruments of their kind on any exchange.

The HedgeStreet Exchange certified these contracts with the Commodity Futures Trading Commission (CFTC) and the first contracts, for Wal-Mart Inc. and ExxonMobil Corp., are to begin trading on June 22nd and will settle on the date of each company's next quarterly announcements.

"The HedgeStreet Exchange is introducing an important, innovative, and very cost effective new trading tool with Corporate Actions contracts," said Stephen Race, Chairman and CEO. "We are opening opportunities for traders of every variety to hedge their risk or profit from their views on corporate financial results of companies that have profound effects on national and global economies."

The new contracts are binary options, valued at $100 each. As with all binaries listed on The HedgeStreet Exchange, traders will have the opportunity to "buy" if they believe the reported value of a company's revenues or EPS will be above a certain level, or "sell" if they believe the number will be reported at or below that level. If, on the expiration date, the reported revenue or EPS value is greater than the payout criteria value, the "buyer" profits by $100. If the reported value is equal to or less than the payout criteria value, the "seller" profits by $100. A trader's risk is limited to the cost of acquiring a position, with the capped cost having a maximum value of $100 for each contract traded. Additionally, participants may trade out of their positions prior to contract expiration. Liquidity on the exchange is provided by professional market makers including Susquehanna International Group (SIG) and DRW Trading Group (DRW).

Russell Andersson, Vice President of Instrument Origination and a co-founder, said The HedgeStreet Exchange intends to introduce a variety of additional "Corporate Actions" contracts.

"Investment professionals and traders have been asking for simple trading instruments to meet their short-term risk-management and profit-enhancement needs," Andersson said. "The HedgeStreet Exchange answered with pioneering instruments based on regional housing prices, hurricane damages and other events that have since been copied by the largest exchanges in the world."

About The HedgeStreet Exchange

HedgeStreet Inc. is the only U.S. regulated exchange that lets online investors trade innovative financial instruments based on the outcome of economic events. A designated contract market (DCM) and a registered derivatives clearing organization (DCO), HedgeStreet is subject to regulatory oversight by the Commodity Futures Trading Commission (CFTC). For more information, visit www.hedgestreet.com.