Bondtrac Releases Fixed Income Research Tool for Professional Bond Investors

OKLAHOMA CITY, OK - November 1, 2004 - Bondtrac today launched a new Web-based fixed income research service titled ProInvestor™. It is intended for brokers, professional investors and money managers that need updated and reliable fixed income information.

This new product offering from Bondtrac increases the transparency and liquidity in the over-the-counter bond markets by making pre-trade pricing and availability information to bond market participants that have been traditionally lacking in complete fixed income pricing information.

ProInvestor™ allows a professional investor such as an independent investment advisor, private money manager or fund manager to search Bondtrac's massive online database for corporate, municipal, agency, and treasury bond offerings that meet specific selection criteria such as maturity, rating, and yield. Full security descriptions are available and an advanced bond calculator allows users to perform a wide-range of 'what-if' scenarios and analytics.

At a low cost, the subscription service makes extensive, accurate information available at a fraction of the price of other vendors. ProInvestor™ joins the Bondtrac XT™ trader workstation and Bondtrac XT™ broker workstation services to complete the Bondtrac product line coverage for all sectors of the bond market - traders, salespeople, and investors.

About Bondtrac

Bondtrac, a privately-held corporation founded in 1989, provides the largest fully disclosed source of more than 30,000+ fresh municipal, corporate, agency, CD, zeros, STRIPs, internationals, mortgage-backed and US treasury offerings to more than 40,000 users in brokerage firms and dealer banks. Bondtrac is available by subscription to www.bondtrac.com and through enterprise integrations that provide client firms with private-label bond trading and information systems built using the Bondtrac web-based services.