NEW YORK, June 07, 2005 — Financial securities trading technology firm InfoReach, Inc. (www.inforeachinc.com) and Hotspot FX, Inc. (www.hotspotfxi.com), the leading institutional foreign exchange (FX) marketplace company, today announced an agreement to facilitate access to Hotspot FXi by InfoReach clients directly though the InfoReach Trade Management System (TMS) platform.

The move makes 24-hour FX trading via Hotspot FXi’s electronic marketplace an available feature of the InfoReach TMS suite, which also integrates order entry, rule-based trading, order management and FIX connectivity in a single broker-neutral platform.

“Buy- and sell-side traders now have direct, real-time, anonymous access to the Hotspot FXi marketplace through the same platform they use to trade equities, futures and options,” explained InfoReach president Allen Zaydlin. “By partnering with Hotspot FXi, we are able to offer our clients a complete solution for firm-wide order execution across all major financial markets.”

Along with the ability to trade FX instantaneously on live prices, the integration of InfoReach TMS and Hotspot FXi enables InfoReach clients to enter bids and offers directly into the Hotspot FXi marketplace. Hotspot FXi’s fully transparent full depth-of-market view and live, executable multicontributor market data also gives clients insight into the whole market, real-time analysis of positions and profits, and detailed summary statements, all from within the InfoReach TMS system.

Partnering with Hotspot FXi was an easy choice, said Zaydlin. “We evaluated the existing currency trading platforms, and Hotspot FXi emerged as a logical choice to deliver transparent, instantaneous spot FX trading functionality for our trade management system.”

“Our live FX marketplace will be enhanced by participation from InfoReach’s securities and futures-trading clientele,” said R. Keith Lite, Director of Business Development, Hotspot FX, Inc. “We are excited to work with InfoReach to bridge its system and professional trading community with ours.”

About Hotspot FX, Inc.

Hotspot FX, Inc., which marks its fifth anniversary in 2005, operates the two leading spot FX marketplaces for institutional and retail market participants respectively. Both marketplaces provide anonymous, instantaneous, direct-access trading on live, executable, streaming prices supplied by leading foreign exchange banks and financial institutions. Trades executed on Hotspot FXi, Hotspot FX’s institutional marketplace, are cleared through a network of top-rated clearing banks and prime brokers. Hotspot FXi participating financial institutions include AIG Financial Products, ABN-Amro, ANZ, Bank of America, Barclays, Bear Stearns, BNP Paribas, Dresdner Kleinwort Wasserstein, Fimat, HSBC, HvB, JP Morgan Chase, Royal Bank of Scotland, Societe Generale, West LB, UBS and other leading banks.

Hotspot FXi was the top-rated Multibank Platform in the 2005 Euromoney Foreign Exchange Survey in the key Speed of Execution and STP categories. In addition, Hotspot FXi was voted Best in Automated Streaming Prices in the 2005 Euromoney Internet Technology Awards.

Trades executed on Hotspot FX, the company’s retail platform, are cleared through its regulated FCM. Hotspot FX provides connectivity to trade and order management systems, market data vendors and other platforms via its LiveLinksm proprietary API, which supports the firm’s FIX gateway as well as other connectivity protocols. Hotspot FX’s live foreign exchange marketplaces are available, or will soon be available, via leading trading and order management systems from Trading Technologies, Townsend Analytics, FlexTrade Systems, InfoReach, and Portware. Hotspot FXi market data is available from leading providers e-Signal, FutureSource, DTN Market Access, and Bloomberg L.P.

Hotspot FX is headquartered in Watchung, New Jersey, a suburb of New York City, with offices in Boston, Chicago, Singapore, Beijing, and London.

Hotspot FX is a registered service mark and LiveLink a service mark of Hotspot FX, Inc.

About InfoReach, Inc.

Since 1995, InfoReach has focused on providing leading software solutions for the electronic trading of financial securities. The company’s open, scalable and flexible products for firm-wide order execution and management include InfoReach FIX Engine and InfoReach TMS. A wide variety of features, combined with committed support, have made InfoReach the technology of choice for many major buy- and sell-side financial institutions.

Contact:

InfoReach, Inc.
New York: 212-269-2722
Chicago: 312-332-7740
sales@inforeachinc.com
www.inforeachinc.com


Hotspot FX, Inc,
Peter Burton
+1 908 322 2914