ESPD Espeed (MM)

eSpeed, Inc. (NASDAQ: ESPD), a leading developer of electronic marketplaces and trading technology for the global capital markets, today announced that it has been awarded Vodafone Certified application status in the UK for its wireless market data and trading application. eSpeed's wireless solution will be distributed in real time across the Vodafone UK network to institutional market participants, enabling them to execute trades and view critical market data in benchmark US Treasuries and Spot FX products without being restricted to their desktops. The application is currently available on Vodafone's RIM BlackBerry 7290 and will shortly follow on the 8700 handheld device later this month. In order to achieve Vodafone Certified status, eSpeed's wireless solution underwent technical evaluation by Vodafone UK and as a result, passed the approval process, meeting the high standards demanded by Vodafone UK's customer base and delivering value to the UK marketplace. As a Certified application, eSpeed's wireless solution will be identified by the "Vodafone Certified Application" brand logo. This will allow eSpeed and its clients to benefit from Vodafone UK's position as the UK's largest mobile network operator, offering its customers in-depth support and peace of mind when deploying new mobile applications. "eSpeed is proud to partner with a leading worldwide mobile communications provider such as Vodafone", said Brent Wilkins, Managing Director at eSpeed. "Our combined expertise is second to none and we look forward to widening the appeal of our innovative product by bringing our premier wireless services to our clients in the UK." John Lillistone, head of data services, Vodafone UK said: "For many of our customers, mobile data applications, such as job scheduling or workforce management are a business imperative. Having experienced the business benefits that such applications deliver, these customers are now considering additional solutions to address day-to-day business requirements. eSpeed's wireless solution has proven that it can address these needs and we look forward to working with its team to enable our customers to realise the efficiencies that the solution) delivers." About Vodafone UK Vodafone UK has 16.3 million customers and is part of the world's largest mobile community offering a wide range of voice and data communications. The company is committed to providing mobile solutions that allow both consumer and business customers to make the most of now. In addition, Vodafone connects customers across the globe with roaming agreements worldwide. It provides 3G roaming in 18 countries and offers great roaming value with Vodafone Passport. For more information, please visit www.vodafone.co.uk. Vodafone UK was the first mobile operator to offer a 3G data card in the UK with the introduction of its 3G/GPRS Mobile Connect Card in April 2004. Vodafone UK has sold over 150,000 3G Mobile Connect cards in the UK and leads the UK market with the largest share of 3G data cards*. About eSpeed, Inc. eSpeed, Inc. (NASDAQ: ESPD) is the leader in developing and deploying electronic marketplaces and related trading technology that offers traders access to the most liquid, efficient and neutral financial markets in the world. eSpeed operates multiple buyer, multiple seller real-time electronic marketplaces for the global capital markets, including the world's largest government bond markets and other fixed income and equities marketplaces. eSpeed's suite of marketplace tools provides end-to-end transaction solutions for the purchase and sale of financial and non-financial products over eSpeed's global private network or via the Internet. eSpeed's neutral platform, reliable network, straight-though processing and superior products make it the trusted source for electronic trading at the world's largest fixed income and foreign exchange trading firms and major exchanges. To learn more, please visit www.espeed.com. The information in this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current expectations that involve risks and uncertainties. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Our actual results and the timing of certain events may differ significantly from the results discussed in the forward-looking statements. Factors that might cause or contribute to such a discrepancy include, but are not limited to, the costs and expenses of developing, maintaining and protecting our intellectual property, including judgments or settlements paid or received and their related costs, the possibility of future losses and negative cash flow from operations, the effect of market conditions, including trading volume and volatility, our pricing strategy and that of our competitors, our ability to develop new products and services, to enter new markets, to secure and maintain market share, to enter into marketing and strategic alliances, to hire new personnel, to expand the use of our electronic system, to induce clients to use our marketplaces and services and to effectively manage any growth we achieve, the effects of the attacks on the World Trade Center on September 11, 2001, and other factors that are discussed under "Risk Factors" in eSpeed's Annual Report on Form 10-K filed with the Securities and Exchange Commission. We believe that all forward-looking statements are based upon reasonable assumptions when made; however, we caution that it is impossible to predict actual results or outcomes or the effects of risks, uncertainties or other factors on anticipated results or outcomes and that, accordingly, you should not place undue reliance on these statements. Forward-looking statements speak only as of the date when made, and we undertake no obligation to update these statements in light of subsequent events or developments. Actual results and outcomes may differ materially from anticipated results or outcomes discussed in forward-looking statements.