Celoxica announces shipment of ultra-low latency market data solutions on Intel PCI Express® platform.

Celoxica announces shipment of ultra-low latency market data solutions on Intel PCI Express® platform.

Oxford, 3 November 2008 – Celoxica Ltd, a leading provider of low latency trading solutions, announces today that it is now shipping its hardware-accelerated market data products on the Intel PCI Express® platform.

As a result of customer demand for Celoxica’s hardware-accelerated market data products on the latest server platforms, Celoxica has worked in collaboration with Intel to produce a PCI Express® implementation of its Accelerator Series.

The Celoxica Accelerator for PCI Express is now available with ultra-low latency, high-volume market data feeds for OPRA, ISE, NASDAQ ITCH, CME, ICE, NYSE and NYSE ARCA markets. Recent tests for the Accelerator have proven latency of less than 10 microseconds, processing market data from ISE, OPRA and ITCH at over 3 million messages per second. A further seven feeds, including European markets, will be available in Q1 2009.

Lee Staines, CEO of Celoxica commented: “We have listened to our clients and in particular those participating in our early adopter programme and are pleased to announce that we are now able to offer our ultra-low latency feed handler solutions on the very latest technology available. Celoxica is committed to enabling ultra-low latency trading and market data solutions through hardware acceleration and will continue to ensure that our line handler solutions are at the forefront in terms of speed, consistency and reliability.”

About Celoxica

Celoxica is a leading provider of hardware accelerated low-footprint, ultra low latency market data, order entry and risk trading solutions for the global financial services industry. Headquartered in the UK with offices in Chicago and New York, Celoxica delivers trading solutions to automated trading firms, banks and brokers seeking to optimize the performance of their trading applications across multiple asset classes in all market conditions, whilst reducing their total cost of ownership.
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For additional information, contact:

Lee Staines, President Celoxica Inc
t: +44 207 313 3180 or +1 212 880 2075
Lee.Staines@www.celoxica.com

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Salli Roskilly Saffron Communications
t: +44 1763 208708
e: salli@saffroncoms.com