( BW)(NY-SUPERDERIVATIVES-INC) SuperDerivatives Launches First
Cross-Asset, Turnkey Derivatives Platform for Hedge Funds and Asset
Managers

   Business Editors

   LONDON & NEW YORK--(BUSINESS WIRE)--March 6,
2007--SuperDerivatives(R), the benchmark for options and the leading
provider of option pricing, independent revaluation, trading and risk
management systems, announced today that it has launched SD-Funds -
the first online multi-asset derivatives platform that combines
accurate pricing, analytics, trading, risk management and compliance
reporting.

   SD-Funds is a major breakthrough in buy-side hedge-fund
technology. It includes all pre-trade and post-trade activities with
powerful features specifically designed for hedge fund and asset
managers, covering all assets and derivatives classes. Backward
testing of strategies allows accurate retroactive performance
comparison of alternative derivatives trading strategies, based on
detailed historical 12-year market data. Completed trades can be
directly captured into fund administrators and prime broker systems
using straight through processing (STP). SD-Funds incorporates the
SuperDerivatives independent revaluation service (SD-Revaluation)
utilizing the SuperDerivatives benchmark pricing model. Compliance
with various regulations such as MiFID best execution is easy, using
features such as built-in automated price auditing.

   Web-based SD-Funds provides real-time market-accurate prices for
an extremely wide range of vanilla and exotic options, both
over-the-counter (OTC) and exchange traded products, in all asset
classes including cross-asset hybrids. It also comprises the
industry's richest set of analytical and structuring utilities, as
well as mark-to-market and net asset value (NAV) reporting in a
fully-fledged multi-asset, risk management system. The system can
easily be customized for different reporting formats and standards and
supports any back office requirement.

   "We've created an extremely rich multi-asset solution for hedge
funds and asset managers, a solution that contains all the elements
required by portfolio managers and traders. The development of
SD-Funds took over two years, during which we incorporated various
SuperDerivatives technologies that were successfully proven in our
other platforms, such as on-line trading and rich customizable
reporting tools," said David Gershon, President and CEO of
SuperDerivatives. "I am certain that SD-Funds will have a huge,
positive impact on the hedge fund and asset management industries,
which is definitely in the best interest of fund investors and the
financial community in general."

   SD-Funds is available for a free 30-day trial at
http://www.superderivatives.com.

    --30--KS/se*

    CONTACT: Metia
             UK
             +44-0-20-3100-3566
             jonathan.angeloni@metia.com
             or
             USA
             Tinne Teugels, +1-917-320-6458
             tinne@metia.com
             or
             SuperDerivatives
             Michael Swack, Media Relations Manager, +44-207-648-1099
             m.swack@superderivatives.com