ANNOUNCING NEW SVP OF SALES TO SUPPORT RAPID ADOPTION OF IMTRADER

New York, NY – September 14, 2005 - IMTRADER, the AIM®-certified trading, communications and research distribution network, announced today that Edward McDonnell has joined as Senior Vice President of Sales.

Ed brings over twelve years of industry experience in financial sales, with over ten years at Thomson Financial. Most recently at Thomson Financial, Ed served as a Regional Managing Director of Sales and managed three regional U.S. sales teams. Ed was a member of the Thomson Financial management team responsible for establishing effective practices including sales structure, sales training, territorial alignment and account coverage.

Ed’s Thomson career started at ILX Systems in customer support, and then he moved to San Francisco in 1998 as the firm’s Pacific Northwest Sales Representative. In 2002, he moved back to New York to join Thomson’s sales management team. Prior to Thomson Financial, his experience included sales at both Prudential Securities and First Investors Corp.

"I have always been fascinated with the most cutting edge trading technologies that impact the industry," explains Ed McDonnell, SVP of Sales for Pivot Solutions, the technology firm powering IMTRADER. "My goal is to help brokers and institutions streamline their business by using the best, most efficient tools available and ideally, create a network of these firms that are early adopters."

"I am confident that Ed’s strong track record of demonstrated success, in addition to strong industry experience and knowledge, will further our deep penetration into the institutional trading community," explains Furqan Nazeeri, CEO of Pivot Solutions. "His genuine enthusiasm for the business, combined with strong interpersonal relationships and abilities, makes him the perfect fit to represent our firm."

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