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[December 06, 2004]

VhaYu Names Industry Veteran John Coulter Vice President, Marketing and Business Development

LOS GATOS, Calif. --(Business Wire)-- Dec. 6, 2004 -- VhaYu Technologies Corp. announced today that John Coulter has been named vice president, marketing and business development.

Mr. Coulter is an industry veteran who has worked for leading financial technology firms providing solutions designed to eliminate the many complexities that thousands of institutions looking to trade electronically are faced with, including leading brokerages and exchanges such as Morgan Stanley, Bank of America, Charles Schwab and NYSE. He has been at the forefront of promoting electronic trading via FIX since its inception and has written numerous articles on the benefits of trading automation.


"John brings to the table an outstanding depth of market experience and trading automation industry knowledge that are a great asset to VhaYu," said Jeffrey Hudson, CEO at VhaYu. "We are very pleased to have such a seasoned senior financial IT executive on our team."

Most recently, Mr. Coulter was president and COO of Javelin Technologies where he successfully turned the company profitable from 2001 to 2003 after its acquisition by NYFIX, Inc. (Nasdaq: NYFX), a leading provider of trading workstations, middle-office trade automation technologies and trade communication technologies to the financial markets.

He was also a member of Ease Technologies where he was a founder of the group that created the TRIAD indication of interest management system from 1995 to 1997, one of the first commercially viable FIX applications on Wall Street. He has also held various product and sales management positions at ADP, Bridge, VIE Systems and Reuters over the last 14 years and has promoted trading technology products in the U.S., Europe and Asia.

He holds BA degrees in Journalism and English Literature from Fairfield University.

About VhaYu

VhaYu delivers the fastest and easiest-to-use real-time software solutions to the world's leading financial institutions for the capture and high-speed analysis of massive amounts of streaming and historical data. Through its unique patent-pending technology, the VhaYu Market Data Solution gives a significant competitive advantage to its customers by delivering the information needed to make trading decisions faster than any other available system. Partnered with Reuters, SunGard (FAME), TIBCO, InfoDyne, Integra SP, HyperFeed and Semotus, VhaYu's customer base includes broker/dealers, the leading online discount broker, hedge funds, market data providers and alternative trading systems. VhaYu was founded in 1998 by a group of experts in multiprocessor design, real-time operating systems, enterprise database systems and financial market data and is backed by top tier investors, including Deutsche Bank (NYSE: DB), Garage.com and Menlo Ventures. For more information, visit www.vhayu.com.

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