Display.IT and Currency Management to make real-time FX prices and transaction services available via the internet

Business Wire, May 23, 1997

LONDON--(BUSINESS WIRE)--May 23, 1997--Display.IT Holdings Plc. (OTC BB:DYITY) and Currency Management Corporation today announced co-operation to make real-time foreign exchange prices available via the Internet.

In a related agreement, Display.IT will integrate the 'MarketMaker' dealing and transaction processing system from Information Internet into the Display.IT application to allow large institutional users the facility to deal with their client base through the Display.IT workstation.

Peter Levin, CEO and Managing Director, Display.IT says: "This agreement expands the information available in the public domain to users of the Display.IT workstation. We are committed to increasing the range of free data sources available to our users. The addition of data from Currency Management Corporation, which has built a reputation for high quality, tradable FX quotes, can only benefit our users.

Levin adds: "The MarketMaker integration gives the Display.IT workstation a transaction processing capability. Turning it into an integrated price display and transaction terminal for institutional clients and their customers."

Peter Cruddas, Managing Director, Currency Management Corporation says: "This is a further step in the growth of executing financial products electronically -- something that Currency Management Corporation is firmly committed towards."

Company backgrounds

Display.IT

Display.IT is a subsidiary of Display.IT Holdings Plc. The product is a Windows based application which enables users to access financial data available over the Internet.

Currency Management Corporation

Currency Management Corporation Plc. was established in 1989. It is an independent market maker in foreign exchange and bullion, and quotes competitive rates to medium size banks, corporate customers, investment managers and individuals.

This release, other than historical financial information, may consist of forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by the Company with the SEC, specifically the most recent reports on Forms 20F, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements.

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