Customer Notice: JASDAQ Level II Data 8/29/2008 - JASDAQ Level II data available September 1.

Morgan Stanley Goes Live with Townsend RealTick 8/7/2008 - Townsend's RealTick Execution Management System Connects to Morgan Stanley Electronic Trading for Buyside and Global Execution

Townsend Analytics Previews RealTick EMS Enhancements at SIFMA Technology Management Conference, June 10-12, 2008, NYC, Booth #3005 6/10/2008 - New Fx hedging/trading capabilities and improved functionality for list trading top the list

Townsend Analytics Integrates with NYSE MatchPoint Dark Block Trading Facility 6/2/2008 - Users of Townsend’s RealTick execution management system (EMS) can access world’s first portfolio-based, point-in-time electronic exchange facility for leak-proof block trading

Exchange data available to RealTick customers effective June 1, 2008. 6/1/2008 - Townsend Analytics is pleased to announce that the following exchange data will be available to RealTick customers effective June 1, 2008.

Townsend Analytics Showcases RealTick EMS Enhancements at TradeTech Europe, April 22-25, 2008, Booth #31 4/23/2008 -

Townsend Analytics Integrates with New NYFIX Euro Millennium™ Dark Pool 4/22/2008 -

Townsend Analytics Integrates with New NYFIX Euro Millennium™ Dark Pool 4/22/2008 - Users of Townsend’s RealTick EMS can directly route to pioneering dark pool for U.K. listed equities

Townsend Analytics Integrates UBS Asian & Canadian Equity Algorithms And Routing Into RealTick Execution Management System (EMS) 4/8/2008 -

Townsend Analytics Integrates UBS Asian & Canadian Equity Algorithms And Routing Into RealTick Execution Management System (EMS) 4/8/2008 - RealTick users gain point-click access to UBS execution services...