CHICAGO, March 30, 2007 — CQG's March 29, 2007 press release titled "CQG DOM Free of TT Patent Threat" is misleading. CQG offers multiple versions of a ladder order entry product. One of those versions is a dynamic ladder with only one mode of operation -- the inside market is always and continuously centered. CQG released this product after TT sued CQG for patent infringement. TT has never asserted that that specific CQG screen infringes the patents-in-suit. In many of the 17 settlements reached by TT with other members of the industry, products that operate in that manner were specifically blessed and permitted. TT does continue to assert infringement against CQG's other ladder order entry products. The Court's recent claim construction ruling had no impact on which CQG products infringe TT's patents-in-suit.
About Trading Technologies Trading Technologies (www.tradingtechnologies.com) develops high-performance trading software for derivatives professionals, including the world's premier exchanges, money-center banks, proprietary traders, securities brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company's X_TRADER® software and related services provide direct access to the world's major derivatives exchanges. TTNET™, TT's Application Service Provider (ASP)/hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, London, Frankfurt, Singapore and Tokyo. Headquartered in Chicago, Trading Technologies maintains a worldwide presence with offices in New York, Houston, London, Geneva, Frankfurt, Singapore, Hong Kong, Tokyo and Sydney. In 2004, Trading Technologies was named the best technology company to work for in Chicago by Chicago magazine and ranked third among all Chicago area employers. In 2006, TT received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) as the leading technology company in Illinois. |
Ray Carmichael Vivid Ascent 312.346.2002 ray@vividascent.com

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