SAN FRANCISCO and LONDON, November 23, 2004 --

Sofaer Selects 4th Story

4th Story, a premier provider of software that identifies and manages trading opportunities for hedge funds, broker-dealers and institutional investors, announced that Sofaer Global Research has licensed 4S.Yellowstone™.

4S.Yellowstone provides a comprehensive infrastructure for developing, testing, optimizing and operating arbitrarily complex automated strategies, as well as performing fundamental and technical analysis studies, such as multifactor and valuation models. Sofaer will be deploying 4S.Yellowstone globally to automate proprietary analysis and research.

"We are impressed with Sofaer’s commitment to high quality analysis and strategy tools and pleased to be selected to provide them," said Steven Smith, Chief Executive Officer of 4th Story.

4S.Yellowstone is one of several products offered by 4th Story to analyze and manage trading strategies. 4S.Klondike™ mines pairs trading potential while 4S.Everglades™ is real time trading system for arbitrarily complex automated and algorithmic trading strategies. It includes FIX connectivity, a full set of blotters, compliance checking and real time P&L reporting. All of 4th Story’s products are asset class agnostic and integrate tightly with third-party products such as data feeds and Microsoft Excel.

About 4th Story (www.4thstory.com)

4th Story, LLC is a software firm focused on enabling trading opportunities. The company's products give the user the power of rapid testing and implementation of arbitrarily complex automated and algorithmic trading strategies. The company develops its products on the Microsoft .Net platform.

Contact
Steven Smith +1 415 672 4716
ssmith@4thstory.com