CZ Capital Replaces Linedata Beauchamp With Paladyne FastStart(TM)

NEW YORK, NY and LONDON and HONG KONG--(Marketwire - Apr 26, 2011) - Paladyne Systems, Inc., the leading provider of next generation investment management solutions, today announced that CZ Capital, a London-based long/short hedge fund manager, has successfully implemented Paladyne FastStart™ as its fully-hosted front- to back-office solution.

CZ Capital utilizes Paladyne FastStart™ for electronic trading and order management, pre- and post-trade compliance, real-time P&L monitoring, portfolio management, daily reconciliation, and firm-wide reporting. Paladyne FastStart™ is offered as a fully hosted ASP solution complete with managed IT services, 24×7 technical and product support, hardware, product upgrades and quality assurance, market data infrastructure, and mirrored ("hot site") disaster recovery.

"Our decision to switch from Linedata Beauchamp was driven by our need for enhanced front-office trading and compliance capabilities, and superior levels of support," said Matthew Wright, Manager of Operations at CZ Capital. "Paladyne's combined technology, data, and hosting services are head and shoulders above the competition, and our experience with the implementation and on-going support has been first-rate and reinforces our decision."

"We are very happy to have CZ Capital as part of our growing European client base," said Sameer Shalaby, CEO of Paladyne. "CZ reflects a clear need in Europe for more comprehensive technology and higher service levels, as well as, a trend toward ASP solutions. Paladyne has recently expanded both its London office and European data center facility in response to this increasing demand."

About Paladyne FastStart™

Paladyne FastStart™ is an easily deployable ASP-delivered solution that combines Paladyne's front-to-back technology platform, with operational and IT support, and is designed to reduce cost and improve operational efficiency and control.

About Paladyne Systems®

Paladyne Systems, Inc. (www.paladyne.com), is the leading provider of next generation investment management solutions. Paladyne offers its integrated front-, middle- and back-office platform, known as the Paladyne Suite™, to hedge funds, asset managers, fund administrators, and prime brokers. The modular Paladyne Suite™ includes order management, portfolio management, reference data management, data warehouse reporting and reconciliation, and is complemented by the Paladyne Network™, which is comprised of a number of preferred strategic partnerships with leading software and market data firms. The solution can be delivered onsite or via Paladyne's industry-leading application service provider solution, Paladyne ASP™. Paladyne was established in 2005 and now serves over 140 clients worldwide. The firm has approximately 160 employees, and is headquartered in New York, with regional offices in New Jersey, London, Russia, and Hong Kong.