SKYLER TECHNOLOGY, INC. ADDS TWO FINANCIAL SERVICES PIONEERS TO ITS BOARD OF DIRECTORS

Bill Lupien and Dr. Terry Rickard sign on as members of Skyler's Board of Directors

Walnut Creek, CA - January 23, 2007 —Skyler Technology, Inc., an innovator in providing in-memory databases for real-time processing of market data for the financial services industry, has appointed two financial markets pioneers to its Board of Directors. Bill Lupien, pivotal leader of Instinet, the first ECN, and Dr. Terry Rickard, who together with Lupien co-founded OptiMark, a leading provider of matching, negotiation and exchange technology, will bring their vast expertise to guide Skyler’s increased focus and solution development for the financial services industry.

Through his decision to join the company, Bill Lupien shows his endorsement of the Skyler C3 Database as the leading solution in the rapidly growing market for real-time databases. He explains, “I joined Skyler because the Skyler C3 Database for Dynamic Data is perfectly timed to meet the demands of increasing market data volume and more stringent compliance requirements.”

Lupien has over 40 years of financial market experience, in addition to being one of the key leaders of Instinet, and was co-inventor of OptiMark’s patented trading technology. Lupien’s experience in the industry, especially in electronic trading, will help Skyler to further focus its product offering. “With his in-depth knowledge, first hand experience, and great industry contacts, Lupien is an invaluable asset to our company,” stated Steve Cooper, Skyler Technology Founder, Chairman and CEO.

Dr. Terry Rickard’s appointment to the Board will also be a tremendous benefit to Skyler. Dr. Rickard, a Senior Fellow at Lockheed Martin, has written many in-depth technical articles in the fields of electronic market structure, matching algorithms, and trading strategies. He was formerly President and Chief Scientific Officer at OptiMark, and co-invented its patented trading technology. Dr. Rickard has over 34 years of experience in high-technology organizations and has been an innovator throughout.

“His decision to become a Skyler board member will be a significant gain for Skyler, and will be leveraged to create stronger product offerings. Without a doubt, his technology expertise and market understanding will contribute greatly to the product roadmap of the C3 Database,” said Cooper.

Skyler C3 Database is a real-time in-memory database tailored to the needs of the capital markets. The system combines a real-time cache, a stream processing engine, and a time series database in one fast, flexible, and easy-to-use product. The C3 system can be applied to power real-time applications including: order book servers, algorithmic trading engines, smart order routing applications, ticker plant systems, and much more.

Skyler Technology, Inc. is a privately held company located in Walnut Creek, California.

For more information or to arrange a greater in-depth look at our software, please contact Valerie Bannert-Thurner at (925) 952-4880.

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Contact:
Valerie Bannert-Thurner
VP Marketing & Business Development
valeriebannert@skylertech.com
1.925.952.4880

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