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CMS BondEdge Announces General Release of BondEdge v.4.5

CMS BondEdge, an affiliate of FT Interactive Data and division of Interactive Data Corporation, announces the general release of version 4.5 of its BondEdge fixed income portfolio analytics system. Version 4.5 offers further enhancements to BondEdge's Global Analytics offering, new security pricing and modeling tools and an update to CMS's proprietary Mortgage Backed Securities (MBS) prepayment model. As highlighted in the press release dated July 17, 2001, www.cmsbondedge.com, this release also includes a connection to the Visible Markets electronic bond trading system.

Global Analytics - Major additions to the existing Global Analytics in BondEdge include expanded sector reporting, non-U.S. futures contracts and new global indices. In addition, the Currency Forward Rate Agreement (FRA) model has been expanded to accommodate an exchange of any two currencies and now includes a CMS BondEdge Pricing model. The database has been expanded to include futures contracts for German Bunds and U.K. Gilts, and JP Morgan's Global Government Bond Index has been added to the list of BondEdge indices.

Laurie Adami, president of CMS BondEdge comments, "Much of this release related to the globalization of BondEdge which will enable us to market and service BondEdge overseas. Coincident with the release of this version, we are pleased to announce the addition of sales staff in London to pursue the nonU. S. market for fixed income portfolio analytics."

Security Models and Data - Version 4.5 features enhancements to the CMS BondEdge proprietary MBS prepayment model that incorporates recent market data and yield curve conditions. Coverage of the high yield corporate bond market has been enhanced, with daily prices and descriptive data for over 3,500 high yield securities (provided by sister company, FT Interactive Data), now available via the BondEdge extended database. Corporate bonds can now be priced using a spread against the LIBOR/Swap curve, in addition to spread pricing based on the US Treasury curve. Lastly, version 4.5g includes enhanced reverse-engineering tools for asset-backed securities and CMOs that will allow CMS BondEdge to add deals to the database more quickly.

Teri Geske, senior vice president of Product Development, comments, "Enhancements to the BondEdge database and security models are part of our ongoing commitment to provide BondEdge clients with the most comprehensive tools available to analyze their fixed income portfolios. As market conditions shift, and demands change, we aim to respond quickly with quality data and analytic capabilities."

About CMS BondEdge

For over 20 years, CMS BondEdge has been recognized as a leader in fixed income analytical software. Long known for the BondEdge system, CMS BondEdge is trusted as an independent source of research, analytics and valuation tools by over 550 institutions in the U.S. and Canada. CMS BondEdge is an affiliate of FT Interactive Data and division of Interactive Data Corporation, a leading global provider of financial and business information to institutional and individual investors. More information on CMS BondEdge is available at www.cms-info.com. Corporate information on DBC is available at Interactive Data Corporation is available at www.interactivedatacorp.com.

About Interactive Data Corporation

Interactive Data Corporation is a leading global provider of securities pricing, financial information, and analytic tools to institutional and individual investors. The company supplies time-sensitive pricing, dividend, corporate action, and descriptive information for more than 3.5 million securities traded around the world, including hard-to-value, unlisted fixed income instruments. The company links to most of the world's best-known financial service and software companies for trading, analysis, portfolio management, and valuation.

Interactive Data Corporation is headquartered in Bedford, Massachusetts. Through its branded businesses, FT Interactive Data, CMS BondEdge, and eSignal, Interactive Data Corporation has approximately 1,600 employees in 22 offices in North America, Europe, Asia, and Australia. Pearson plc (NYSE: PSO), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, owns approximately 60% of Interactive Data Corporation.

Contact CMS BondEdge, Lisa Herbert, 310-479-9715, Lisa.Herbert@be.ftid.com.


WhamTech Releases Thunderbolt Open Database Engine

WhamTech Inc announced the availability of the Thunderbolt Open Database Engine (ODE), which can be used to create very large database (VLDB) systems that can be updated in real-time with a large volume of data and simultaneously allow complex queries by a large number of users. According to Gavin Robertson, chief technology officer of Dallas-based WhamTech, tests using Thunderbolt ODE in a number of different applications have shown speed increases of 10 to over 100 times faster than other database systems.

"Thunderbolt ODE dramatically changes the way data is managed," Robertson said, "but it in many cases doesn't require any major modifications or disruption to existing applications and/or databases. Thunderbolt can complement existing systems that -- as they're getting more and more complex -- have a pressing need for faster update speeds and response times."

Thunderbolt ODE increases limits on scalability, numbers of users, complex queries and real-time indexing. Primary applications include active data warehousing, data processing, business intelligence, customer relationship management, enterprise search and wireless embedded support. Designed on a Windows platform, porting is also available to AIX, Linux and Sun Solaris. In addition, Thunderbolt ODE offers the capacity to accommodate an unlimited number of tables as well as multiple databases.

The base price for Thunderbolt ODE is $20,000 per CPU. And because it requires up to 80 percent less hardware that other DBMS solutions, total cost of ownership (TCO) is lower as well. "Thunderbolt's core technology has been in existence and proven to be reliable in mission-critical applications for more than 10 years," Robertson said. "But before now, it could only be used in stand-alone environments. "With the announcement of our ODE product, however, Thunderbolt is now ready for a modern, multi-tiered system architecture. Thunderbolt sets a new standard for speed and cost savings in the transfer and management of very large amounts of data." An evaluation copy of Thunderbolt ODE is available and can be obtained by contacting the company's Dallas office at 214-696-0670 x29.

About WhamTech

Founded in l998, WhamTech Inc is a privately held technology company that develops breakthrough database-related products and technologies designed for enterprise-scale database and search systems. WhamTech's VLDB technology offers an extremely high performance-to-cost ratio, running on off-the-shelf servers, enabling simultaneous updates and complex queries by a disproportionately large number of users. Customers currently include Affiliated Computer Services, SCA Promotions and Garage Operator Inc, among others.

WhamTech's primary markets include financial services, telecommunications, retail, transportation, and utilities -- any business that needs to query and/or report on very large volumes of data. The company's products are distributed via original equipment manufacturers (OEMs), a growing network of integration services firms, and value-added resellers (VARs). Web site: www.whamtech.com.

Contact Craig McDaniel, APR Michael A. Burns & Associates Inc, 214-521-8596, cmcdaniel@mbapr.com.

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