GFI OPTS FOR KALAHARI'S kACE™

-- Singapore and London --

London – September 13th, 2005 – Kalahari, a global provider of real-time price discovery and analytic solutions to banks, brokers and other financial institutions, today announced that GFI, a leading inter-dealer broker, has selected kACE™ as its primary pricing tool for its new US Dollar interest rate swaps desks in Singapore and London.

Graham Mansfield, Director at Kalahari said: "The selection of kACE by GFI for its offices in Singapore and London illustrates the effectiveness of kACE as a global pricing and analytics tool."

kACE is the industry’s leading real-time price discovery and analytics solution designed for enterprise-wide use at broking firms, banks and other financial institutions and corporations. With flexibility and control as the driving design principles, kACE gives traders the tools and the freedom to innovate and concentrate on what they do best – calculate and effect the trading opportunity. With built-in flexibility that enables traders to create customised mathematical models quickly and easily, functions created in applications such as Excel can be seamlessly incorporated into kACE, combined with resident calculations from the world’s leading maths libraries, and the results published across the network. kACE collects real-time prices from all the major data platforms. Data can be analysed in two and three dimensions and in both numerical and graphical formats allowing traders to view the information in any way they want.

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