Nomura Securities Selects VhaYu's Real-Time and Historic Tick-Data Platform for New Trading Infrastructure in New York

Business Wire, May 10, 2004

High-Tech Writers

NEW YORK--(BUSINESS WIRE)--May 10, 2004

VhaYu Technologies Corp. announced today that Nomura Securities, Inc. (NSI), the U.S. broker/dealer subsidiary for Nomura Holding America, Inc., part of The Nomura Group (NYSE: NMR; TSE: 8604), announced today that it selected VhaYu's real-time and historical tick-data platform for its state-of-the-art algorithmic trading infrastructure for a new trading desk in New York.

According to John Comerford, managing director, equity sales and trading, Nomura Securities, Inc., who has been part of the team planning the new set up during the past six months, "VhaYu's platform and advanced technology are an excellent match for our needs. Strategically, there are competitive advantages gained by building your own algorithmic trading environment. VhaYu's ability to handle rapidly rising and massive volumes of real-time and historical ticks and simultaneously analyze the data at an impressive speed made their solution an attractive platform for our real-time data users operating locally in the Americas, where Nomura has built a competitive advantage."

VhaYu's integrated platform will also provide Nomura with the ability to pre-process its quantitative analytical trading models more efficiently. "Developing new trading strategies in hours instead of weeks is another advantage we now gain by deploying the VhaYu engine," added Comerford.

"Globally, Nomura has enjoyed a sterling reputation as being one of the most sophisticated broker/dealers in the Americas. Understandably, we're delighted that they have recognized the edge that the VhaYu platform delivers," said Shanti Dev, president, VhaYu Technologies.

About Nomura

The Nomura Group, one of the largest global investment banking and securities firms, is represented in the Americas by Nomura Holding America Inc. (NHA), operating from seven strategically positioned offices in North and South America. Nomura Securities International, Inc. (NSI), NHA's broker/dealer, functions from five of these offices including NHA headquarters in New York. Nomura backs its presence with an excess of $730 million in equity capital and over 800 employees. For more information, visit http://www.nomura.com/usbusiness/.> About VhaYu

VhaYu Technologies Corp. is the leader in delivering real-time and historical tick-data capture, storage, analytics and execution engine solutions. Through its unique patent-pending technology, the VhaYu Engine gives financial firms trading equities, options and futures a significant competitive advantage. Partnered with Reuters, SunGard (FAME), TIBCO, InfoDyne, Integra SP, HyperFeed and Semotus, VhaYu's customer base includes broker/dealers, the leading online discount broker, hedge funds, market data providers and alternative trading systems. For more information, visit www.vhayu.com.