06 January 2010

7ticks selects Endace to help provide low latency managed services to the Financial Sector

Chicago, IL January 7, 2010 - 7ticks, a leading provider of low-latency managed services for the financial trading sector, today announced it will leverage trading performance hardware vendor, Endace. 7ticks will now be able to measure market data trade latency with 100% packet capture accuracy using software solutions from the recently formed alliance with Correlix and Race Team.

“The NinjaBox appliance enables rapid deployment of flexible, high performance data capture and is capable of supporting multiple monitoring applications on a single device,” says Dan Murray, 7ticks’ Director of Architecture.

Mike Riley, CEO of Endace, says the partnership with 7Ticks and the 7Ticks alliance endorses the unique value Endace's technology platform delivers. "We recognized years ago that meeting the challenge of capturing and analyzing 100% of network traffic was essential to providing software applications with all the information they need and required a combination of hardware and software to solve the problem. That's what the Endace platform delivers - in an easy-to-deploy and manage, standards-compliant format that truly provides network applications with The Power To See All."

7ticks works with a number of ISVs (Independent Software Vendors) and hardware companies and will work with whatever platform a customer feels suits their needs. Direct market access is currently available for Options, Options on Futures, FX, Interbank and OTC. Direct access to equities is planned for the end of the year.

About 7ticks

7ticks is the driving force in high performance trading networks and managed services for direct access to the financial markets. The 7ticks team provides electronic trading infrastructure design, procurement, installation, and hosting services that are enhanced by ongoing management, support, and monitoring solutions.

Proprietary trading groups, clearing rms, global investment banks, brokers, market makers, hedge funds, and independent software vendors (ISVs) choose 7ticks for industry leading network performance, reliability, monitoring insight, and cost savings.

7ticks is headquartered in Chicago, IL and has an active worldwide presence, providing direct market access to leading exchanges and proximity/support services in Chicago, New York, New Jersey, Frankfurt and London.

For more information, please visit: http://www.7ticks.com

About Endace

For organisations that rely on their data networks to do business, Endace provides high performance traffic analysis, latency measurement, network security and application acceleration solutions that capture, inspect and report on every single data packet.

Our product portfolio includes high-speed packet capture technology, open development environments, multi-function network monitoring appliances and a comprehensive range of powerful yet intuitive management, measurement, alerting and analysis applications. These products provide the broadest, most capable range of packet capture technology, for any interface, speed or packet type. We enable our customers to be condent in their service performance, traffic monitoring,information security, and regulatory compliance.

Based in Auckland, New Zealand,Endace also has offices in the UK, USA and Singapore. Quoted on London's AIM, the stock code is LSE: EDA.

Contact:

Karen Bertoli - 7ticks
Director - Communications Strategy
Kbertoli@7ticks.com
ph. +1.312.498.5366


Tim Nichols - Endace
Director - Marketing
tim.nichols@endace.com