Swiss American Securities Selects Radianz Extranet for IP Network Connectivity

Business Wire, March 4, 2003

Business Editors

NEW YORK--(BUSINESS WIRE)--March 4, 2003

Swiss American Securities Inc. (SASI) has agreed to use Radianz's global financial extranet, RadianzNet, to give existing and future clients secure network access to its international trading and custody services.

SASI chose RadianzNet to ensure network efficiency across the straight-through processing (STP) chain for its global clients.

"Rather than buying and waiting for new systems to be installed, it will be far more effective and economical to leverage Radianz's existing infrastructure for connectivity to our customers," said Christian Hudson, CIO of Swiss American Securities Inc. Hudson added, "Our clients will benefit because, in many cases, no new equipment or networking will need to be installed on their premises. All that may be required to connect to our services in a simple network-enabled change within RadianzNet."

Chris Church, Radianz's executive vice president and head of Global Sales and Marketing said, "Our agreement with Swiss American Securities will enable Radianz to offer institutions access to another important component at the back end of the STP chain.

"Doing business with another established player in the international finance industry also enhances the credibility of RadianzNet, further reinforcing it as the standard for financial communication."

About The Companies

Radianz (www.radianz.com) is an independent company with the world's largest Internet Protocol (IP)-based network for the global financial services industry. The company uses its network to provide superior IP connectivity and services designed to meet the demands of professionals in the finance community. Radianz was established in June 2000 by Reuters (RTR.L) and Equant (NYSE: ENT) (Euronext Paris: EQU).

Radianz and the lighthouse logo are trademarks of the Radianz group of companies.

Swiss American Securities Inc. (www.sasiny.com), established by Credit Suisse in 1939, is a U.S.-registered broker dealer and cross-border custodian with more than 250 clients worldwide. With a focus on straight-through processing (STP) and personalized service, SASI specializes in customized, technologically innovative execution through custody end-to-end solutions.

SASI's ongoing ebusiness initiatives focus on connecting global clients to its execution and custody network as well as to international exchanges. Along with managed electronic trading solutions, SASI offers specific modules that allow financial institutions to increase their processing efficiency. Global clients can select the entire suite of products and services or pick and choose a tailored approach based on their objectives.