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FFastFill Initial Statement
The Board of FFastFill Plc ("FFastFill"), the AIM- listed global supplier of electronic trading technology leading provider of application services to the derivatives community, announces that a settlement agreement has been signed between Trading Technologies International (''TT'') and FFastFill in relation to a lawsuit filed against it yesterday in the United States District Court ("Court") by TT, alleging that FFastFill has infringed certain of TT's patents. The lawsuit will be disposed of once the settlement has been approved by the Court. The Directors believe that this agreement is in the best interests of FFastFill and they further believe that it will have no material financial impact on the Company, and they further believe that it will have no material financial impact on the company.. Once the lawsuit is officially resolved, a more detailed further announcement will be made. About FFastFill
FFastFill is the leading provider of application services to the global derivatives community. FFastFill services and solutions utilise the latest developments in technology to automate trade flow processes across a firm's front, middle and back offices. FFastFill solutions encompass electronic order routing, clearing, risk management and back office reporting as part of an integrated, yet modular system architecture. FFastFill application services provide institutions with cost savings in their administrative and IT departments and significantly reduce or eliminate the investment costs associated with maintaining their own technology infrastructure. All of FFastFill's services are delivered against a contracted Service Level Agreement (SLA), which can be tailored to an institution's business requirements. This quality of delivered service has been enabled through the deployment of a uniquely engineered and totally managed software and technology infrastructure. For further information, please contact:
FFastFill plc - 020 7665 8900
Keith Todd, Executive Chairman Rostron Parry
John Parry - 020 7490 8062 Hansard Communications
Andy Tan - 020 7245 1100
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