News

28 February 2005

B2BITS FIX Engine Now Free to SWIFTNet FIX Customers under Newly Signed Memorandum of Understanding

February 28, 2005 - B2BITS Corporation and SWIFTNet FIX have now established a marketing arrangement that will give new customers of SWIFTNet FIX a 6-month trial license to the B2BITS FIX engine. B2BITS' FIX engines include FIX Antenna, the highest performing FIX engine in existence.

Mark Bisker, CEO of B2BITS, said, "We are excited about this new opportunity to partner with a great organization in order to accelerate the take up of SWIFTNet FIX and to reach out to more new customers. This will provide financial services firms a one-stop shop for an efficient and highly complementary package of technologies for financial message creation, validation and transmission."

"SWIFT is pleased to be associated with B2BITS, one of the leading FIX application solution providers, and welcomes the opportunity that this brings our mutual customers," said Simon Cleary, Director Securities Markets at SWIFT.

Use of the B2BITS FIX engine in conjunction with the SWIFTNet FIX service provides firms new to FIX with a more complete initial FIX solution. Firms that choose to use the SWIFTNet FIX service can now begin active usage at an earlier stage. Customers can easily convert to a full B2BITS software contract after the expiry of the trial period.

For more information, contact Alexander Mologoko at sales@b2bits.com.

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