MidasTrade to Distribute Managed, Real Time Exchange Information and ECN Data Over its Global Direct Access Network Via HyperFeed's MEPS.Business Editors/High-Tech Writers CHICAGO--(BUSINESS WIRE)--July 21, 2003 HyperFeed Technologies, Inc. (Nasdaq:HYPRC), a provider of Managed Exchange Platform Services (MEPS MEPS Medical Expenditure Panel Survey MEPS Military Entrance Processing Station MEPS Minimum Energy Performance Standards (Australia & New Zealand) MEPS Malaysian Electronic Payment System MEPS Military Enlistment Processing Station ) to exchanges, content providers, re-distributors, institutions, channel partners and value-added resellers, announces its agreement to provide MidasTrade.com Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). PP:MIDS MIDS Multifunctional Information Distribution System MIDS Matrix Information and Directory Services (USA) MIDS Multifunction Information Distribution System MIDS Municipal Infrastructure Data Standard ) with managed, real time exchange information, fundamental data and ECN (Electronic Communications Network) A computerized, private financial trading system. Terra Nova Trading (www.terranovatrading.com) and Instinet (www.instinet.com) are examples. data from Island for redistribution to its Asian customers. MidasTrade, a direct access broker specializing in electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. and brokerage services, is the first company to provide a direct link between Korean investors and the U.S. securities market. HyperFeed is using the Internet to create a Virtual Private Network (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ) to deliver the content in a multicast format for redistribution over MidasTrade's GDAN (Global Direct Access Network). MidasTrade's Korean customers will then view the information and make trading decisions via its TradePro suite of trading applications. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Brad Eckenweiler, Chairman, MidasTrade, "This agreement brings us closer to MidasTrade's long term goal of becoming a leader in global online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. . We chose HyperFeed as a partner because of the superior quality and reliability of its exchange information. If there is a split or correction, we know that the data cleansing See address cleansing and data hygiene. and control room components of HyperFeed's MEPS will ensure that our customers will get this data as soon as it is available." Paul Pluschkell, HyperFeed's President and COO comments, "This agreement with MidasTrade extends our global reach by marrying our MEPS technology and exchange information to their superior quality trading applications for the Korean markets. We look forward to continuing and extending our relationship with MidasTrade as they expand their business throughout Asia." About HyperFeed Technologies, Inc. HyperFeed's ticker plant technology and financial exchange managed services are designed specifically to support the delivery of real-time data, data management, data reporting, and value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services for use in distributing and receiving financial content with a competitive edge. Beginning with a comprehensive understanding of the diverse needs of the financial equities industry, the Company applies advanced technologies to the processing, delivery, distribution and access to financial market data. HyperFeed(R) offers one of the fastest, most complete and reliable managed exchange platform services that can be used with industry-leading APIs, third-party applications or online desktop solutions. HyperFeed announces not only customer wins of significant monetary value but also reserves the right to issue announcements around signature clients that are recognized as industry leaders. For more information, please visit HyperFeed's web site at www.hyperfeed.com. About HyperFeed's MEPS HyperFeed's MEPS are a complete turnkey solution for the normalization In relational database management, a process that breaks down data into record groups for efficient processing. There are six stages. By the third stage (third normal form), data are identified only by the key field in their record. , data-basing, integration and transmission of high performance, real-time data sources from exchanges, content providers and proprietary in-house sources. MEPS provides direct access to all North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. exchanges and offers a complete set of data cleansing and management tools for remote or on-site use. It provides adaptors to a number of widely used middleware platforms and can be used collectively as a complete solution or individually to augment the functionality of other vendor system products. About MidasTrade.com Inc. MidasTrade is a U.S. based company committed to the deployment of the Midas Global Direct Access Network (GDAN) that allows investors to trade securities, options and futures in real time via their online trading account through the Midas network of participating exchanges, all over the world. The Midas GDAN is designed to provide investors with immediate execution and confirmation of their securities trade with minimal surcharges and commissions. The company successfully launched Midas GDAN in South Korea and the U.S. in March 2002 and is expanding to Canada, Hong Kong and Europe. Additional information is available at www.midastrade.com. --30--VS/
CONTACT: HyperFeed Technologies, Inc.
Mary Jane Mortell, 312-322-3599
mmortell@hyperfeed.com
or
Intermarket Communications for HyperFeed
Tyler Bradford, 212-888-6115 x245
tbradford@intermarket.com
KEYWORD: ILLINOIS INTERNATIONAL ASIA PACIFIC
INDUSTRY KEYWORD: TELECOMMUNICATIONS SOFTWARE NETWORKING HARDWARE
BANKING MARKETING AGREEMENTS
SOURCE: HyperFeed Technologies, Inc.
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