Released on: May 8, 2008, 1:39 pm

Press Release Author: Cachematrix

Industry: Financial

Press Release Summary: Cachematrix Holdings, LLC, the leading provider of
institutional money market fund trading software and back office solutions for banks
and financial institutions hits record high of $1 trillion

Press Release Body: Denver, May 7, 2008-Cachematrix Holdings, LLC, the leading
provider of institutional money market fund trading software and back office
solutions for banks and financial institutions, announced today that more than $1
trillion in institutional money market fund assets have been traded through portals
and customized trading systems powered by its software.

"Crossing such a significant milestone in less than five years in business is
testament to the power of our portal trading systems to transform the institutional
money fund marketplace for our financial services clients," said Cachematrix Founder
and CEO George Hagerman.

Launched in 2003, Cachematrix currently powers the software behind many of the
world\'s largest financial institution\'s money market portals. This technology allows
institutional investors with multiple fund selections, real time trading, research
and customizable reporting through one secure web-based site. Cachematrix clients
include four of the top 10 banks in the world, and six of the top 100 U.S. banks, as
well as three of the world\'s top 10 investment banks.

Hagerman said that with a volatile stock market and the virtual evaporation of the
auction rate preferred market, corporate treasurers are finding a safe haven in
money funds. "The market is driving unprecedented growth in money market funds, and
our systems are handling record trading volume for the best financial institutions
in the business," said Hagerman.

As of May 1, total money market mutual fund assets were $3.418 trillion, according
to the Investment Company Institute, with assets of institutional money market funds
tallying $2.186 trillion. Over the past 52 weeks, money funds have pulled in more
than $1 trillion in assets.

In addition to its trillion dollar trade volume, Cachematrix has more than doubled
its client base in the past twelve months. The firm has also integrated its portals
and customized trading systems into many leading treasury workstations, further
assisting the trading and reporting for many underlying bank corporate clients.

Recent software enhancements, including a compliance trading module, dual authorized
trade module, customized email notification system, future dated 24/7 trading
module, multi-currency functionality, and advanced customizable reporting module
have created an even more robust platform. "Corporate treasurers appreciated that
these enhancements and added functionality make for an easier and safer way to
execute their money fund trades," said Hagerman.

With money market trading software for banks and financial institutions becoming a
must-have service that is being demanded by corporate and institutional clients,
Cachematrix provides a variety of information-from white papers to product demos-on
its website at www.cachematrix.com

About Cachematrix Holdings, LLC
Cachematrix is the leading financial software provider (SaaS) of on-line
institutional trading systems for banks and financial institutions worldwide,
providing turnkey solutions for money market portal technology, as well as fixed
income and variable NAV trading systems. Cachematrix enables banks and other
financial services firms to offer its corporate clients on-line access to a choice
of institutional funds and a convenient, single source platform for managing them,
including access to comprehensive analysis, online trading, and account management.


Web Site: http://www.cachematrix.com/

Contact Details: Jim Etten Cachematrix Holdings,
LLC 303-468-5500 jim.etten@Cachematrix.com