Broadway Technology Expands Its Austin Headquarters

NEW YORK, NY and AUSTIN, TX--(Marketwire - Oct 26, 2011) - Broadway Technology, LLC, the emerging leader in high-performance trading solutions for top-tier global banks and hedge funds with dual headquarters in New York and Austin, announced today that it has moved its Austin office to a new 8,300 square feet location overlooking five acres of lakeside property on the shores of Lake Austin.

The new Austin location at 5000 Plaza on the Lake more than triples Broadway's previous 2,500 square feet of office space. Tyler Moeller, Chief Executive Officer, said, "Broadway is growing fast and this latest move reflects our commitment to expand our operations in Austin, a hotbed for high-tech talent. We are excited about the future of Broadway and the innovation that will come out of Austin."

David Meeker, Principal and Director of Broadway's Austin Headquarters, said, "Broadway's team has more than doubled in the past 18 months and our company continues to push forward at a vigorous pace. We have assembled a phenomenal group of people and the new space was chosen to attract the best and brightest minds in Austin."

The move coincides with the eighth-year anniversary of Broadway's launch in October 2003. Broadway has been profitable every year since it was established, with revenues growing more than 50% annually the past four years, thanks to Broadway's innovative software solutions and groundbreaking event-driven distributed data-oriented architecture.

About Broadway Technology
Broadway Technology is the emerging leader in high-performance financial trading solutions and consulting services for top-tier global banks and hedge funds. Broadway's software manages billions of dollars in transactions daily worldwide for premier financial institutions. Founded in 2003 by experts in computer science, high frequency algorithmic trading and enterprise software, Broadway has been profitable every year since its inception, with revenues having grown more than 50% annually since 2008. The company has employees spread across five countries with headquarters located in New York and Austin. To learn more about Broadway, visit us at: www.broadwaytechnology.com, or contact us at: info@broadwaytechnology.com / tel: 646.912.6450.