UBS and Trading Technologies Enter Into Global Software Licensing and TTNET(TM) Distribution Agreement

UBS and Trading Technologies Enter Into Global Software Licensing and TTNET(TM) Distribution Agreement

May 23, 2007

    CHICAGO, May 23 /Xinhua-PRNewswire/ -- Trading
Technologies International, Inc. (TT) and UBS today
announced that they have entered into a global software
licensing agreement in which UBS will make available TT's
high-speed X_TRADER(R) order-entry software to its
customers and internal trading desks in the Americas,
Europe and Asia. This agreement will allow UBS to meet
increased demand for professional futures trading software
from buy-side firms and other high-volume derivatives
traders. UBS customers will have access to TT's X_TRADER
order-entry software platform and technology solutions
including TT's FIX connectivity and high-speed exchange
gateways. 

    UBS intends to utilize TT's hosting solution,
TTNET(TM), to deploy X_TRADER throughout the Americas,
Europe and Asia. TTNET accelerates customer access to
international futures markets and increases trading
platform stability through its fully redundant data centers
situated in strategic locations close to the various
exchanges. TT operates data centers in Chicago, New Jersey,
London, Frankfurt, Tokyo and Singapore with plans to open
additional facilities in Hong Kong and Sydney in 2007.

    Clark Hutchison, UBS Global Co-Head of Exchange Traded
Derivatives, said, "This agreement highlights our
commitment to provide our clients with leading electronic
trading solutions; we are pleased to be able to offer to
our clients the high-speed trading capabilities of the
Trading Technologies interface."

    "As part of our core technology suite,
distributing Trading Technologies software through TT's
hosting solution will help enable us to meet the
technological needs of our institutional and hedge fund
clients," said Bill Templer, UBS Global Co-Head of
Exchange Traded Derivatives. 

    "We look forward to working with UBS to distribute
TT's X_TRADER(R) platform to their global customers and
internal traders via TTNET(TM)," said Harris
Brumfield, CEO of Trading Technologies.

    About UBS

    UBS is one of the world's leading financial firms,
serving a discerning international client base. Its
business, global in scale, is focused on growth. As an
integrated firm, UBS creates added value for clients by
drawing on the combined resources and expertise of all its
businesses.

    UBS is the leading global wealth manager, a top tier
investment banking and securities firm, and one of the
largest global asset managers. In Switzerland, UBS is the
market leader in retail and commercial banking.

    UBS is present in all major financial centers
worldwide. It has offices in 50 countries, with about 39%
of its employees working in the Americas, 34% in
Switzerland, 17% in the rest of Europe and 10% in Asia
Pacific. UBS's financial businesses employ some 80,000
people around the world. Its shares are listed on the SWX
Swiss Stock Exchange, the New York Stock Exchange (NYSE)
and the Tokyo Stock Exchange (TSE).

    Issued by UBS AG and/or affiliates to institutional
investors; it is not for private persons. This is a product
of a sales or trading desk and not the Research Dept.
Opinions expressed may differ from those of other divisions
of UBS, including Research. UBS may trade as principal in
instruments identified herein and may accumulate/have
accumulated a long or short position in instruments or
derivatives thereof. UBS has policies designed to negate
conflicts of interest. This material is not an official
confirmation of terms and unless stated, is not a
recommendation, offer or solicitation to buy or sell. Any
prices or quotations contained herein are indicative only.
Communications may be monitored. Futures and futures
options trading is speculative, involves a high degree of
risk and is not suitable for all investors.

    About Trading Technologies

    Trading Technologies (
http://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(R)
software and related services provide direct access to the
world's major derivatives exchanges. TTNET(TM), TT's fully
managed 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, Frankfurt, Geneva, 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.


    For more information, please contact:

     Drew Mauck
     Strategics
     Tel:   [phone]
     Email: [e-mail]

     Doug Morris, UBS
     Tel:   [phone]
     Email: [e-mail]