Pivot Launches Suite of Tools For Secure Real-Time Collaboration, Information Management & Compliant Trade Initiation

Pivot 360° Expands Flagship IMTRADER Application into Comprehensive Collaboration Network Within and Between Enterprises

Boston, MA – June 11, 2007 - Pivot, developers of IMTRADER and one of the fastest growing communications networks for institutional investors, today announced Pivot 360°, a major expansion of the company’s flagship offering, IMTRADER. Pivot 360° is the industry’s first “inter-enterprise” approach that allows financial services professionals to communicate, integrate and collaborate with external and internal audiences in a secure, fully compliant environment from one central location. Pivot 360° advances beyond traditional instant messaging and chat capabilities to provide a comprehensive suite of tools that tighten workflow processes, expand collaboration opportunities and streamline information management.

Pivot 360° complements Pivot’s IMTRADER by managing all the information 360 degrees around a conversation or a transaction. By seamlessly bringing together people, content and services into a single collaboration point, Pivot 360° aggregates and integrates information and data across disparate sources into decision making and trading specific workflows. Pivot 360° easily integrates with proprietary and third party content to enable automated, targeted distribution. Structured data allows users to exchange transaction data to convert conversations into automated transactions that flow directly through IMTRADER.

Pivot 360° provides sophisticated content management tools that integrate seamlessly with existing systems to support the critical investment market compliance requirements while also providing a competitive advantage in a fast-paced industry. Specific features include:

• Pivot Points – Brings together people, content and services seamlessly into a single collaboration point to drive faster, smarter decisions.
• Workspaces – Personalized dashboards to filter, manage and aggregate structured data and
messaging.
• Broadcast Management – Tag and structure pre-formatted content based on symbol and sector to ensure more effective delivery of and response to revenue generating ideas and liquidity.
• Research & Third Party Integration & Distribution – Integrate with proprietary and third-party content to enable automated, targeted distribution.
• Structured Messaging – Lets users exchange transaction data to create an instant marketplace that converts conversations into automated transactions.

“Financial professionals are inundated with information all day long and need a solution that streamlines collaboration, tightens workflow and improves performance. Pivot 360° does this by turning conversations into ideas that can automatically turn into transactions,” said Lou Eccleston, chairman and CEO of Pivot. “Pivot 360° underscores our commitment to providing the financial market with a secure, compliant and comprehensive platform to accelerate decision making and to fully leverage their capital assets. Early customer reactions to Pivot 360° further validate our approach of building the preferred network for communication and collaboration among institutional investors and their constituents.”