PRESS RELEASE: January 25th, 2006 

Citadel Associates introduces interface for Exchange Data International’s Worldwide Corporate Actions feed .

Citadel Associates has, using the CADIS Data Management Platform, developed an interface to Exchange Data International’s Worldwide Corporate Actions

(London. January 25, 2006) – Citadel Associates, a leading provider of financial software to the global financial services industry, today announced the development of an interface to the Worldwide Corporate Actions (WCA) data feed from Exchange Data International (EDI), a leading provider of back office data solutions and securities data.

The design philosophy behind the CADIS Data Management Platform is based on many years experience of implementing front, middle and back office solutions for banks and investment management institutions. CADIS delivers a visualisation of an organisation’s data management process to meet data delivery targets, removing the complexity around interposing business interpretation layers between technical staff and business users.

Jean Williams, Citadel’s Managing Director, comments, “the development of the WCA interface is recognition of the need to obtain accurate Corporate Action announcements in a timely manner providing the business user with the ability to control the enterprise dataflows and data quality. Our relationship with EDI demonstrates further Citadel’s commitment to bring innovative data management software solutions to the financial services industry, supported by recognised and respected market data vendors.”

Jonathan Bloch, managing director of EDI notes that “We are impressed with the CADIS Data Management Platform as it is both easy to integrate data and is configurable by a user with limited IT skills. EDI will be providing its worldwide corporate actions service through CADIS, initially equities and warrants but fourth quarter 2006 fixed income. EDI see increased demand for tools to both display and manipulate data and we are pleased to be working with Citadel on this project.”

About Citadel Associates

Citadel Associates offers financial software and consulting services to the global financial services industry. The solution has 6 core components; DataPorter – Automates the flow of data between any number of sources and destinations; DataInspector – Analyses data for validity and quality; DataMatcher – Removes duplicates and identifies overlaps; DataConstructor – Enables users combine source data via a rules based hierarchy; DataGenerator - A single point of entry to edit and enrich data and DataBlocks – A database designed to store reference data, historical portfolio, transactional and client data.

Contact:
Citadel Associates Limited
10 Fenchurch Avenue
London, EC3M 5BN, United Kingdom
http://www.CitadelAsssociates.com
Paul Lumsden
Sales and Marketing
+44 (0)20 7663 5642
plumsden@citadelassociates.com

About Exchange Data International.

Established in 1994, Exchange Data International is the premier provider of quality and accurate international securities administration reference data. The company provides back office solutions and securities data to most of the major brokerage houses, custodians, and data vendors internationally. In the decade since it was founded, EDI has garnered a worldwide reputation for high quality and accuracy of its international securities administration data. EDI has won acclaim for its innovations and rapid deployment of state- of-the-art technologies. This has allowed the company to expand both its product range and its geographic coverage, while retaining its original advantages as a lean company with low overheads that listens to its clients and responds to their needs and concerns in a flexible, innovative and cost- effective manner. EDI is a wholly owned subsidiary of Information Publishing Plc.

Please contact us if you have any questions or wish to discuss your data needs.