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Thursday, June 30, 2005

 

Penny Stocks HYPR HyperFeed Launches HTRS and ActiveH; HyperFeed Announces the Global Launch of HyperFeed Trading Room Systems (HTR

HYPR HyperFeed Launches HTRS and ActiveH; HyperFeed Announces the Global Launch of HyperFeed Trading Room Systems (HTRS) and ActiveH Financial Desktop: "HYPR HyperFeed Launches HTRS and ActiveH; HyperFeed Announces the Global Launch of HyperFeed Trading Room Systems (HTRS) and ActiveH Financial Desktop

CHICAGO--(BUSINESS WIRE)--June 30, 2005--As the result of the acquisition of Telerate by Reuters, the U.S. Department of Justice and European Union mandated Telerate/Reuters to divest itself of their TRS and Active8 software in order to satisfy anti-monopoly requirements. Following a rigorous selection process, HyperFeed Technologies Inc. (OTCBB:HYPR) was selected as the provider best positioned to receive source code for this software. Under the terms of the license, HyperFeed is entitled to use and further develop the TRS technology to offer its own market data system (HTRS) worldwide. In addition, exercising its rights to use and develop upon Telerate's Active8 technology, HyperFeed has launched ActiveH, an industry-leading, open-systems market data display workstation that connects to HTRS.


'Our goal is to create a global agnostic market data platform and financial desktop using a proven global platform that currently supports more than 25,000 users,' said Paul Pluschkell, HyperFeed's President and CEO. 'As a neutral provider of software and services, HyperFeed will offer our HTRS Market Data Platform and ActiveH Application on equal terms to all content publishers, application providers and end users. Our goal is to create the industry's first collaborative open and agnostic global platform for data, transactions and platform integration through a soon to be announced series of global partnerships.'
HTRS technology is widely considered t"

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