June 6, 2005 -- Fixed income managers are increasingly facing pressures on best execution and cost transparency from both their clients and regulators, following similar requirements in equities. Commenting on the development effort, Dave Ritchie - founder and CEO said "The challenges in developing a solution were considerable, demanding technological sophistication and thoughtful analysis of data. We at CodeLab are delighted to have been among the first to meet these challenges and deliver a cost effective solution for our clients. We are confident that in the current environment the software we have developed will have widespread application, directly and indirectly within the global money management community."

CodeLab Technology Group (www.codelabtech.com) is based in Wakefield MA. The company develops mission critical applications for financial services firms in need of flexible high value software solutions.