BONDGLOBE ANNOUNCES KEY NEW FEATURES, RAPID EXPANSION

CONTACT:
Dechu Muthana
BondGlobe, Inc.
917-320-6456
dechu@bondglobe.com

BONDGLOBE ANNOUNCES KEY NEW FEATURES, RAPID EXPANSION

New York, NY - Only a fledgling online bond trading service six months ago but now fast expanding, BondGlobe, Inc. announced the launch of its Liquidity Browser, and Trade Advisory software. Several other enhancements also, marked the products latest release. The Liquidity Browser is an XML based search engine that seeks to link up all marketplaces where bonds trade. It will create unprecedented opportunities for unlimited price discovery, and facilitate a more active online bond market. The Trade Advisory software will enable BondGlobe participants to trade "off site" with minimal intrusion to their normal trading routine, thereby complementing any system they currently use. In addition, BondGlobe has introduced its patent pending Rule Matrix, another of its innovative products, which allows participants the flexibility of incorporating customized markups into published prices for any fixed income transaction.

One of the first few entrants of its kind into the fixed income market, BondGlobes neutral, non-broker-dealer, third-party status" and Trade Advisory capabilities are some of its unique features setting it apart from similar online financial services. A wide array of participants ranging from larger institutional broker dealers to small-sized boutique firms, are evidence of the companys rapid growth in recent months. Attractive features that promise to deliver efficiency are live prices, real time execution, prompt trade status alerts, and comprehensive information on all transactions. Currently, the product is being enhanced to enable even co-branding efforts with certain key participants, in order to provide a cross-section of trading and research services. Its innovative features are actively capturing the interest of a global fixed income community, especially among broker dealers and at institutional fixed income trading desks.

BondGlobe looks forward to significant growth in 2001. To meet the demands of expanding interest shown in its product and services, BondGlobe has added to its Advisory Board, Gordon K. Johns who headed the Kemper Fund in Europe. To expand business development, Richard Meisenheimer and Michael J. Thomson have also joined BondGlobe as Senior Vice Presidents, to cover the U.S. and European markets respectively. Mr. Meisenheimer previously served as Vice President of fixed income trading at SG Cowen. Mr. Thomson was a founding member and head of sales and trading at Quadrex Securities Corp. Earlier he held executive management positions at leading financial institutions including CSFB and Goldman Sachs.

BondGlobe, Inc. is based in Princeton, NJ. Amidst several of its initiatives to address the needs of fixed income markets in electronic trading, the companys primary focus is to be a single source for efficient price discovery, provide greater liquidity than what is currently available, and enable easy access to all retail and institutional participants. For more information on BondGlobe or its products, call 866 / 266 - 3456 or visit their Web site at www.bondglobe.com