VALUBOND INCORPORATED NAMES MARY MADDEN CHIEF OPERATING OFFICER

ValuBond announces that Mary Madden has joined its senior management as Chief Operating Officer.

ValuBond announced today that Mary Madden has joined its senior management as Chief Operating Officer. We are elated to have a professional of Marys caliber join our ranks; it's a major milestone for the Company. Mary successfully built a profitable internet company 20 years ago, long before most of us had ever heard the word 'internet. That company revolutionized its market, and we look forward to working with her to repeat her success at ValuBond. The current environment highlights the importance of having seasoned management who can manage execution with excellence. Mary is a world-class tech company manager, and will play a key role in expanding on our early success in building technology platforms for bond traders and investors", said ValuBond CEO John Pigott.

Ms. Madden was previously President and Co-CEO of Information America, a provider of on-line information services for the legal community, which she co-founded in 1982 and led to its successful IPO and eventual sale. Under Ms. Madden, Information America was named the nation's fastest growing database company by Information Industry Bulletin, one of the top ten on-line innovators in the nation by Information Industry Bulletin, and ranked three years in a row as one of Inc. magazine's list of the 500 fastest growing companies in the nation. After assisting in the sale of IA to Choicepoint in 1997, she continued as a senior executive and consultant until 2000. Ms. Madden has been named Entrepreneur of the Year" by the Information Industry Association and been a finalist for "Entrepreneur of the Year" by Inc. Magazine.

Headquartered in Atlanta, Georgia, ValuBond, through its wholly owned subsidiary, ValuBond Securities, Inc. (member NASD/SIPC), provides an electronic trading platform and broker workstations for fixed-income securities, as well as advanced trading technologies and infrastructure. ValuBond gives brokerages and investment firms a comprehensive fixed-income solution for their advisors and clients. The solution includes secondary trading, access to new issues, news, commentary and tools, which may be privately labeled and fully integrated into a firms web site. The company's partners, including dozens of securities firms, provide extensive inventory, access and trading capabilities to millions of online and offline customers.

For more information, ValuBond can be reached by email at info@valubond.com, on the web at www.valubond.com, by phone at 800.373.9478 or by fax at 404.260.5299.