Tom Myers joins Nexa as Vice President of Sales, based in Austin, Texas, and Matthew Barkway joins as Director of European Sales. The rapidly expanding team will further Nexa's ability to capitalize on the increasing demand for its online and direct access trading solutions throughout Europe and North America, including the recently-launched suite of hosted and managed institutional brokerage trading solutions.

Tom Myers joins Nexa Technologies as Vice President of Sales, from V2R Ventures, a business consulting and angel investing company he founded in 2004. Myers previously worked at trading platform provider TradeStation and financial trading technical analysis solution provider Nirvana Systems.

Matthew Barkway began his career in the financial services sector as a pit-based futures and options trader at the London International Financial Futures Exchange (LIFFE). Since then, his roles have moved into the sales arena, including GL Trade Software Solutions and Thomson Financial. During his time at GL Trade, Barkway was instrumental in developing GL's market data pipeline. As Director of European Sales for Nexa Technologies, Barkway will be responsible for business development of Nexa's continually expanding product lines throughout Europe.

Myers comments: "With increased demand for cross border trading, Nexa is responding to the global opportunities available through the rapid development of new generation trading technologies for the online and direct access trading market. With over 100,000 active retail and professional users throughout North America and Europe, managing up to 200,000 transactions per day and hosting more than 500,000 customer accounts, Nexa is well positioned to take the market by storm."

Barkway adds: "For some time, European broker dealers have been constrained in their choice of institutional brokerage trading solutions. Nexa's unique offering, delivering the market coverage and exchange trading functionality of the high-end trading systems, in a cost-effective, hosted and managed solution is a real break from the past. This unique offering, combined with the wealth of opportunities we have in the pipeline, promises to make 2005 an exciting year for Nexa and its growing client base."

Eric Stoop, President, Nexa Technologies, Inc., says of the appointments: "Having invested significant resources into extending functionality of our existing direct access trading systems to include broader market data coverage, order management and global exchange connectivity, it is only right that we match our investment by making these appointments. With significant interest for a cost-effective alternative to the existing, less flexible solutions available, Nexa Technologies products are in high demand. As we continue to strengthen our position in the North America and expand our presence to the UK and Europe, it is imperative that we appoint sales staff with the expertise to take our leading-edge products to the market."