RAVENPACK PARTNERS WITH ALPHACET TO FUEL RESEARCH ON NEWS-DRIVEN QUANTITATIVE STRATEGIES

Ravenpack to use Alphacet Discovery to support research of news-derived analytics

Stamford, Conn., November 10, 2009 - Alphacet, Inc., a developer of innovative software solutions for quantitative analysts, portfolio managers and traders, today announced that it has partnered with Ravenpack, a leading global provider of news analytics technology and content, to support Ravenpack's internal research and development projects.

According to the agreement, Ravenpack will use Discovery to investigate adaptive trading models that leverage real-time news analytics and consider the news-based sentiment trend in the market. RavenPack News Scores and other content products created by RavenPack are fully compatible with the Alphacet Discovery platform, creating efficiencies in the quantitative research process.

"Today's 24-hour news cycle has made real-time news events one of the primary drivers of capital markets," said Armando Gonzalez, president and chief executive officer. "By combining our news analytics with Discovery's advanced model building functionality, we now can show traders how they can capitalize on news stories in automated trading programs to uncover new sources of untapped alpha."

"As the importance of news continues to grow within the quantitative field, we are excited to partner with Ravenpack, one of the premier providers of news analytics and content," said Peter Sibirzeff, chief executive officer for Alphacet. "Through this partnership, Ravenpack will use Discovery to build quantitative strategies quickly and efficiently to report new and innovative ways to leverage emerging news sentiment trends and analytics."

Alphacet Discovery is the only off-the-shelf, straight through processing alpha generation platform on the market. With Discovery, users can develop, back test, walk forward and launch strategies seamlessly from one fully integrated platform to reduce strategy development time by up to a factor of five.

Alphacet was awarded the Best Buy-Side Newcomer in 2009 by Buy-Side Technology. In addition, Discovery received top ratings from the Aite Group in its 2008 "The World According to Quants" report and was nominated as a finalist for The Technical Analyst's Best Automated Trading Product award in 2009.

About Ravenpack

About Ravenpack RavenPack specializes in developing solutions for analyzing, interpreting and delivering actionable information from real-time news media. Using the most advanced techniques in linguistic analysis, RavenPack provides real-time alerts, indicators, and other analytics derived from global news providers. The company delivers value-added content within milliseconds of news publishing. For more information, please visit www.ravenpack.com.

About Alphacet

Alphacet, Inc. is a developer of innovative software solutions for quantitative analysts, traders and portfolio managers. Alphacet's management team combines experience in the development and marketing of complex trading technologies with practical trading expertise and extensive academic and research talent. The company was founded in 2007, building on development work begun in 2003, based on pioneering work by researchers at the University of California. Alphacet is headquartered in Stamford, Connecticut. For additional information please visit www.alphacet.com.

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