w PLACEMARK INVESTMENTS LIVE WITH FIX FLYER ONLINE TRADING AND ALLOCATION MANAGEMENT
 
   
 

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PLACEMARK INVESTMENTS LIVE WITH FIX FLYER ONLINE TRADING AND ALLOCATION MANAGEMENT

Leading overlay manager experiences increased productivity

New York, New York — April 3, 2007 — FIX Flyer, a leader in FIX trading solutions announces today that Placemark Investments has begun using FIX Flyer's online service for trading and allocation management.

FIX Flyer enables Placemark to use their own file formats simplifying trade integration into Placemark's proprietary investment management and accounting systems. Traders at Placemark stage and submit lists of orders by choosing an execution destination. Fills are allocated into potentially thousands of accounts using Flyer's powerful web application designed to minimize keystrokes and processing on the trader's desktop. Allocations are sent to the broker via FIX or custom formats and then translated back into Placemark's native processes.

"Using FIX Flyer we've been able to significantly reduce our daily process time each day," said Richard Dion, Chief Operating Office of Placemark Investment. "FIX Flyer provides us with an automated, high speed, scalable trading solution."

One of the benefits to Placemark is that the new platform requires no software to be installed. FIX Flyer was able to create the hosted web allocations platform in four weeks. Replacing older client-server based technology, FIX Flyer enables Placemark to allocate accounts in a fraction of the time.

"We are very excited to deliver such productivity gains to Placemark." says Brian Ross, CEO of FIX Flyer. "Saving traders this much time allows them to pursue new opportunities and provide outstanding service to clients."

In addition to web application and integration, Flyer manages, certifies, and monitors FIX connectivity to Placemark's growing list of partners.

About Placemark Investments
Placemark Investments is the investment industry's leading overlay manager, helping managed account program sponsors develop and implement Unified Managed Account (UMA) programs, fee-based investment solutions that incorporate multiple investments such as managed accounts, mutual funds and ETFs into a customized portfolio. Placemark strives to deliver superior investment solutions for advisors and clients, working with each sponsor's existing operational infrastructure and preferred investment managers and products. Placemark helps create and administer UMA programs for wirehouses, banks, broker/dealers, and registered investment advisors. Founded in 1999, Placemark has offices in Dallas, TX, and Wellesley, MA. For more information, please visit the company's website at www.placemark.com.

About FIX Flyer
Based in Tribeca, New York City, FIX Flyer was founded in 2003 by George Kledaras and Randy Prager, pioneers in developing advanced technology for managing high-volume, multi-asset institutional securities trading using the FIX Protocol. FIX Flyer provides zero-install and fully hosted web applications to manage algorithmic trading and fund allocations for new breed portfolio managers. The Flyer Engine is the first FIX server designed to manage high volume, ultra-low latency trading networks and ECNs for scaling to thousands of connections. Visit www.fixflyer.com for company information and to download Flyer for free. FIX Flyer is a member of the FIX Protocol LTD, the industry led standards organization.

For more information about FIX Flyer please contact:
Nick Nickitas
FIX Flyer
+1 888 349-3593
marketing@fixflyer.com

Brian Ross
FIX Flyer, LLC
+1 888 349-3593
brian@fixflyer.com