Bondtrac Introduces Advanced Enterprise And Subscriber Features For Industry-Leading Fixed-Income Platform

Cambridge Group Investments Among Early Adopters

NEW YORK CITY, NY-December 12, 2001-Bondtrac, Inc., a pioneer in fixed-income information distribution, announced immediate availability of advanced integration tools and feature enhancements for its fixed-income eBusiness platform.

The latest enhancements to Web-based Bondtrac.com include: Portfolio Analysis & Reporting, which allows brokers to save, analyze, and edit client portfolios and generate presentation reports; full support for U.S treasury securities, certificates of deposit, zero coupon bonds & strips, and international bonds; and several other labor-saving enhancements. Along with these new capabilities, the conversion of Bondtrac's services to use Java, XML & XSL technology standards allows client firms much greater control over the presentation and look-and-feel of the Bondtrac services within their own web sites.

Early adopters of Bondtrac's new technology include Cambridge Group Investments.

"We chose to roll out Bondtrac to our correspondents because of its world class feature set, and its superior ability to customize the look and feel and functionality to different audiences," said Thomas Blasen, President and CEO, Cambridge Group Investments. "With Bondtrac, our correspondents can execute orders electronically for a wide array of bond types, with the continued confidence in our traders, who will monitor and place all trades."

Dan Powers, President of Bondtrac, added "with this latest release, Bondtrac again asserts leadership in providing both custom enterprise and individual subscriber fixed-income eBusiness solutions to dealer banks and brokerage firms. We have one of the most technologically advanced and functional platforms available, and we are committed to providing our customers with top quality support and service."

Powerful New Features for Private-Labeling Bondtrac include:

Web Site Integration Customers now enjoy new customization capabilities to brand Bondtrac with their firm's look and feel. Below is a summary of Bondtrac's powerful array of tools for enterprise roll-out:

With Bondtrac's Configurable Menu System, clients can personalize their Bondtrac view by adding, removing or changing menu items. Bondtrac's Configurable Look-and-Feel enables clients to customize the fonts, colors and look-and-feel of all of the pages in Bondtrac with Cascading Style Sheet. Clients use the style sheet from their own firm's web site or choose from a variety of Bondtrac views.

Bondtrac's use of Extensible Style Language (XSL) enables clients to add, remove, or rearrange elements of query forms, order entry forms, calculators and other pages on the Bondtrac system.

New Features for All Bondtrac Customers

With Bondtrac's new portfolio capabilities, a broker or trader selects specific corporate, municipal, agency, treasury, CD, zero coupon, and international bond offerings from thousands of up-to-date offerings and saves them in a customer portfolio. This portfolio is then used to model a customer's existing fixed-income holdings or to generate a sales proposal to a prospective customer. Once the securities are selected from Bondtrac's available inventory or entered by the user, reports are generated in either HTML or Adobe Acrobat® PDF format for presentation to the investor. Reports include: a Portfolio Summary which graphically illustrates the portfolio composition, credit quality, and monthly income; a Portfolio Detail report which is broken down by security type which fully describes each holding; and the Monthly Income report which details the interest income contributed by each holding to the total income for each month in the year. These new capabilities allow a broker to develop a bond portfolio proposal for a client or prospect in just minutes rather than spending hours attempting to build a proposal using a spreadsheet or word processor.

Other new functional enhancements include: editable Offering Worksheets that allow a broker or trader to quickly personalize an offering list for an investor; printable reports in either HTML or Adobe Acrobat® format; a new 'Print to Email' function that allows a broker to send a report to a client through email; an enhanced Bond Calculator; and online animated tutorials for self-paced individual training.

Broader Market Coverage

Bondtrac expanded its market coverage to include support for treasury securities, certificates of deposit, zero coupon and stripped securities, and international securities in addition to the municipal, corporate, and government agency bonds already supported. Brokerage firms, clearing firms, and dealer banks that use the Bondtrac services within their web site or on a subscription basis can now search, select, analyze, mark-up and place orders against all of these types of securities.

About Bondtrac, Inc.

Bondtrac, a privately-held corporation founded in 1989, provides enterprise private-label and individual subscription services to more than 200 of the world's banks and brokerage firms, with 35,000 end users. Brokerage firms and dealer banks rely on Bondtrac services to provide their employees, correspondents and customers with on-line tools for finding, analyzing, and ordering corporate, agency, municipal, treasury, CD, and international bond offerings from the inventories of thousands of dealers. Bondtrac offices are located in New York, Oklahoma and San Francisco.

Additional information is available on the Bondtrac web site at http://www.bondtrac.com, or by contacting Elizabeth Lewis, Vice President of Sales, at 212-297-6189.