Nomura International plc Selects VhaYu for Its Real-Time and Tick-Data Platform for New Algorithmic Trading Infrastructure in London

Business Wire, Nov 29, 2004

NEW YORK -- VhaYu Technologies Corp. announced today that Nomura International plc., part of the Nomura Group (NYSE: NMR; TSE: 8604), has selected VhaYu's real-time and historical tick-data platform for its state-of-the-art European algorithmic trading infrastructure which will be implemented by Nomura's London Portfolio Trading desk in the first quarter of 2005.

According to Barbara O'Connor, head of global portfolio trading sales at Nomura London, "The decision to adopt VhaYu's market data system for the development of our algorithmic trading models for the European markets dovetailed neatly with the decision of our colleagues in New York to use VhaYu for the development of Nomura's algorithmic trading model for the US market. Ultimately, Nomura selected VhaYu's platform because of its ability to process and analyze enormous volumes of real-time and historical tick data. Using the VhaYu engine allows us to build models that can react quickly and dynamically to market signals, thus allowing us to provide high quality executions for our clients."

"We are very pleased that Nomura International plc has chosen VhaYu's MDS. This is more evidence that our patent-pending technology provides the speed and ease of use that are required by leading edge, quantitative trading systems," said Jeff Hudson, CEO at VhaYu Technologies. "Nomura is a great customer and an important addition as we continually expand in Europe and the UK."

About Nomura

Nomura Group, with its core businesses of the securities and related businesses, is dedicated to providing a broad range of financial services for individual, institutional, corporate and government customers. The Group offers a diverse line of competitive products and value-added financial and advisory services through the 131 domestic branch offices of Nomura Securities Co., Ltd. and its overseas network that combines offices in 28 countries. Nomura's business activities include investment consultation services for domestic retail investors, securities brokerage services, securities underwriting for domestic and foreign governments and corporations, mergers and acquisition and financial advisory services, merchant banking, and asset management for investment trusts and pension funds.

About VhaYu

VhaYu Technologies Corp. is the leader in delivering fast, easy-to-use market data solutions specifically designed for financial institutions for whom market data is critical to trading operations. The VhaYu Market Data Solution allows firms to capture, store and perform real-time analytics on both historical and real-time market data. Through its unique patent-pending technology, the VhaYu Market Data Solution gives a significant competitive advantage to its customers by delivering the information needed to make trading decisions faster than any other available system. 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. VhaYu was founded in 1998 by a group of experts in multiprocessor design, real-time operating systems, enterprise database systems and financial market data and is backed by top tier investors, including Deutsche Bank (NYSE: DB), Garage.com and Menlo Ventures. For more information, visit www.vhayu.com.