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HedgeStreet Deploys Lightstreamer for Real-Time Pricing on Ajax-Comet Portal

Milan, November 20, 2006. Lightstreamer, the high-performance AJAX-Comet engine, has been deployed by HedgeStreet to provide live prices to thin Ajax clients.

Lightstreamer announced today that HedgeStreet.com, the USA’s first government-regulated person to person online futures trading market for binary and futures contracts, has implemented web based real-time streaming prices with Lightstreamer. This streaming Ajax solution from Lightstreamer allows HedgeStreet customers to access live HedgeStreet prices via the Internet and trade from anywhere with just a simple browser, thus avoiding complications which result when downloads or plug-ins may be required.

Ravi Viswanath, VP, Engineering and Chief Technology Officer, HedgeStreet, comments: "It’s our goal to have seamless technology for our site, making it a better user experience for our members. Lightstreamer helps us accomplish this."

Lightstreamer is a push engine conceived for live data distribution to any kind of client application (thin, thick, mobile, etc.) In the case of thin clients, it relies on the AJAX-Comet paradigm to stream real-time data to any HTML browser without the need to download or install anything on the client.

"We are pleased to see that Lightstreamer is selected as the leading commercial Streaming Ajax solution by customers such as HedgeStreet", said Simon Walmsley, Vice President Sales of Lightstreamer.

Adds Bill McIntosh, Vice President Marketing, HedgeStreet, "With Lightstreamer, we have a strong source for our future expansion."

About Lightstreamer
Lightstreamer is a high-performance, Java-based push/streaming engine based on the AJAX-Comet paradigm that delivers real-time textual data to Web browsers and to desktop applications. When using browsers as a client, nothing is installed or downloaded (no applets or ActiveX, but only pure HTML/JavaScript). Lightstreamer was originally developed by the Financial Systems Integration activity of privately held Par-Tec SpA group (founded in 1998). In 2004 a separate company was formed within the group as an ‘ISV’ to provide Lightstreamer 'Push' middleware solutions for streaming real-time Market Data, or any live information, to web browsers and custom application clients. Lightstreamer is compatible with many browsers on the market, such as Internet Explorer, Firefox, Opera, Netscape, Safari, etc. For more information see www.lightstreamer.com where several on-line demo’s are also freely accessible.

About HedgeStreet
HedgeStreet Inc. is the only U.S. based person-to-person market that lets online investors trade innovative financial instruments based on economic events and price movements. HedgeStreet offers its members online futures trading, online currency trading and online commodity trading. A designated contract market (DCM) and a registered derivatives clearing organization (DCO), HedgeStreet is subject to regulatory oversight by the Commodity Futures Trading Commission (CFTC). For more information, visit www.hedgestreet.com.