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Rolfe & Nolan gets off to a flying start in 2003
30 January 2003

Rolfe & Nolan announces Risc and e-Route agreements for Mitsui, Larson, Cresswell and Clifden

CHICAGO, January 30th - Rolfe & Nolan started the New Year on an upbeat note, announcing service bureau agreements for Mitsui & Co. Investment Products Corp. (hereafter "Mitsui"), Cresswell Capital, Clifden Futures, and The Cliff Larson Company. Rolfe & Nolan will be supplying its back-office processing system RISC, as well as e-Route, its Internet / Intranet data formatting and delivery system.

The agreements were implemented under an STP ASP (Application Service Provider) model, allowing these firms to outsource hardware, network connectivity, application processing and exchange connectivity requirements to Rolfe & Nolan.

"We needed a reliable back-office system from a quality vendor," said Atsushi Katayama, president of Mitsui. "RISC is widely regarded as a dependable product, and Rolfe & Nolan has both significant experience and a positive industry reputation."

"My company selected the Rolfe & Nolan ASP-based offering because it required minimal infrastructure build-up on our end," said Cliff Larson Jr., chief executive officer of The Cliff Larson Company. "We won`t need a large infusion of hardware or staff. For small companies such as ours, this type of solution provides critical advantages that help us to minimize cost and maintain our competitive edge."

"We wanted a highly-functional STP solution that could grow with our expanding needs," said Hilary Bergman, president of Clifden Futures. "The availability of Rolfe & Nolan`s integrated products influenced our decision to choose their offering."

Cresswell, Clifden and Mitsui contracted for products beyond RISC and e-Route. Cresswell and Clifden also contracted for RANweb, a scalable web infrastructure that hosts Rolfe & Nolan web-enabled applications. Mitsui also took RANmargin, Rolfe & Nolan`s world-class margin calculator, and RISC FX, a comprehensive foreign exchange trading module.

"Numerous signings in a tough commercial environment certainly validate the Rolfe & Nolan strategy," said Bob Sylverne, chief executive officer of Rolfe & Nolan Inc. "Furthermore, multiple products were contracted in all of the agreements. This is a strong indication that firms are seeing the value in Rolfe & Nolan`s complete ASP solution."