Espeed delivers market data via Vodafone network in UK

Source: Espeed

eSpeed, Inc. (NASDAQ: ESPD), a leading developer of electronic marketplaces and trading technology for the global capital markets, today announced that it has been awarded Vodafone Certified application status in the UK for its wireless market data and trading application.

eSpeed's wireless solution will be distributed in real time across the Vodafone UK network to institutional market participants, enabling them to execute trades and view critical market data in benchmark US Treasuries and Spot FX products without being restricted to their desktops. The application is currently available on Vodafone's RIM BlackBerry 7290 and will shortly follow on the 8700 handheld device later this month.

In order to achieve Vodafone Certified status, eSpeed's wireless solution underwent technical evaluation by Vodafone UK and as a result, passed the approval process, meeting the high standards demanded by Vodafone UK's customer base and delivering value to the UK marketplace.

As a Certified application, eSpeed's wireless solution will be identified by the "Vodafone Certified Application" brand logo. This will allow eSpeed and its clients to benefit from Vodafone UK's position as the UK's largest mobile network operator, offering its customers in-depth support and peace of mind when deploying new mobile applications.

"eSpeed is proud to partner with a leading worldwide mobile communications provider such as Vodafone," said Brent Wilkins, Managing Director at eSpeed. "Our combined expertise is second to none and we look forward to widening the appeal of our innovative product by bringing our premier wireless services to our clients in the UK."

John Lillistone, head of data services, Vodafone UK said: "For many of our customers, mobile data applications, such as job scheduling or workforce management are a business imperative. Having experienced the business benefits that such applications deliver, these customers are now considering additional solutions to address day-to-day business requirements. eSpeed's wireless solution has proven that it can address these needs and we look forward to working with its team to enable our customers to realise the efficiencies that the solution] delivers."

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