Company Background

Intelligent Markets provides comprehensive order management software and services to broker dealers. The Company's success follows two important market trends:

> A rapid expansion of multi-channeled client inquiry in the OTC markets is driving the need for a unified order management/trade execution system.
> Significant cost savings continue to be achieved through outsourcing industry-standard infrastructure and application needs.

Following its introduction in 2002, ALTA, the Company's flagship product has been expanded to provide services across multiple asset classes including convertible bonds, corporate bonds, OTC equities and derivatives. To facilitate this growth, the company has formed a business partnership with IBM to provide mutual customers with systems integration, industry expertise and technology services.

ALTA is currently in use and being installed at several of the largest, global broker dealers. Looking forward, ALTA's continual development and enhancements will ensure that it keeps pace with the ever-changing environment of the securities industry.