NumeriX Named “Technology Company of the Year” by Structured Products Magazine for Third Consecutive Year

New York, May 19, 2008 – NumeriX, the leading independent provider of advanced analytics for the derivative and structured products markets, today announced it was named Technology Company of the Year by Structured Products Magazine. This is the third consecutive year that NumeriX has won the award, demonstrating the company’s continued success delivering the industry’s most sophisticated analytics for pricing and valuation. NumeriX analytics enable market participants from the buy and sell sides to access independent pricing for structured products and derivative products. The award, which was announced in the April issue of Structured Products Magazine, was presented to NumeriX at Structured Product Americas on May 8th in Coral Gables, Florida.

In addition to its contribution to enhanced market standard analytics, NumeriX was recognized for advancements in fostering market transparency with its partnership with Bloomberg. As a result of this groundbreaking partnership, soon any market participant with a Bloomberg terminal will have the ability to price even the most complex structured products and derivatives ‘on-the-fly.’ The partnership enables both buy and sell-side organizations to independently price complex products, communicate via Bloomberg’s messaging service and provide for reverse inquiry, furthering market standards and transparency in an otherwise opaque market.

The coupling of NumeriX analytics and Bloomberg will enable brokers / dealers to easily structure a new instrument and upload a trade onto the Bloomberg Professional terminal. Once in the system, the buy-side and the sell-side can communicate via Bloomberg’s messenger services, enabling the two sides to analyze the deal throughout the process.

This “round-tripping” capability enables financial organizations to trade more efficiently and with greater transparency – both critical factors in an industry growing increasingly risk-averse. Once the terms are agreed upon, the deal can be booked directly into Bloomberg’s Portfolio Order Management System (POMS) or Trade Order Management System – Alternative Investor (TOMS-AI). Following the completion of a deal, users can get a price on the fly at any point in time through the life-cycle of the investment.

In addition to enhancing its 2006 partnership with Bloomberg, NumeriX continued to grow as it signed more than 100 new customers in 2007 while expanding its offerings within the systems of key market leaders and NumeriX partners such as Calypso, Misys, Reuters and Wall Street Systems.

“This award is testament to NumeriX’s leadership position as the pioneer of ‘analytic straight through processing’,” said Steven R. O’Hanlon, President and Chief Operating Officer at NumeriX. “The market for structured products and derivatives is incredibly complex, and organizations need sophisticated tools to successfully navigate the terrain. We are thrilled to be recognized for providing technology that helps organizations make sense of sophisticated products in a disjointed, tough-to-read market.”

According to Structured Products’ editors, NumeriX / Bloomberg Edition helps to build “a much needed bridge between the buy and sell-side, making its structuring models available to anyone who has access to a Bloomberg terminal.” As a result, more traders have the ability to price sophisticated financial instruments like structured products and complex derivatives.

“That we have received these this prestigious award speaks to the talented individuals that make up the NumeriX organization. Our staff consists of some of the sharpest mathematical minds in the financial services industry – a fact that is reflected by the sophistication of our pricing and risk analytics,” added O’Hanlon. “We are proud of the work we’ve done delivering the power to price extraordinarily complex financial products and opening up new markets to so many institutions.”

About NumeriX 
NumeriX is the award-winning, independent leader in pricing and risk analytics for fixed income, credit, foreign exchange, hybrids, cross currency, commodities, inflation rate and equity derivatives. NumeriX has a financial engineering and quantitative team composed largely of PhDs on the same scale as the very largest of financial institutions. More than 300 clients across 25 countries rely on NumeriX for speed and accuracy in valuing their structured products and derivatives. Trading and risk platform vendors leverage NumeriX analytics to gain a time-tomarket advantage by embedding the power of NumeriX into their systems. Founded in 1996, the company is privately held and has offices in New York, Toronto, London, Paris, Singapore Hong Kong and Tokyo. For more information visit or on Bloomberg at NUMX [GO]. Contacts: James Jockle NumeriX +1 646-512-5824 Dan Gaffney

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