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Press Release Category Business - Financial - Xasax Corporation Release Date: February 21, 2009

Xasax Announces the Appointment of Daniel Nole as Chief Operating Officer


By Xasax Corporation
February 21, 2009
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Xasax, the Innovator in Low Latency Infrastructure, Announces the Appointment of Daniel Nole as Chief Operating Officer.

PR9.NET February 21, 2009 - New York, NY - Xasax Corporation is challenging the boundaries and integration of network infrastructure and systems technologies through its leading edge Xasax Financial Backbone. Built on Dark Fiber routes and a la carte trading services, Xasax is exceeding customer expectations. In keeping with this mantra, Daniel Nole was appointed Chief Operating Officer. His mandate, to guide the process and spearhead operations in providing this ultra low latency solution to the markets.

"Xasax is pleased to have an experienced top tier player on our team. Dan's level of expertise and industry knowledge is certainly in keeping with the Xasax gold standard of quality and service. He plays a significant role in our overall planning and execution. The entire Xasax team is excited to have him," said Noah Lieske, Xasax Chief Executive Officer and Founder.

Mr. Nole remarked, "The Xasax Offering is unlike any other on the street today. Low latency has a new meaning and definition under the Xasax model; speed to market, scalability, customizability, and flexibility are the hallmarks of this next generation solution. I am pleased to be a part of this tradition of excellence and look forward to assisting Xasax in the expansion of its global reach."

Mr. Noles' prior appointments include COO at NYFIX Millennium, Portware, and FTEN. Mr. Nole leverages his grass roots beginnings in financial audit at Ernst & Young, as well as his trading and operations expertise on the Floor of the Boston Stock Exchange. Dan brings a unique blend and wealth of knowledge from leading financial technology companies to Xasax.


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Contact Information of Xasax Corporation Contact Information of Xasax Corporation
Phone 888-339-2729
Website http://xasax.com/
E-Mail E-mail Address Protected
Address 1001 Tenth Avenue South,
Suite 216,
Naples, Florida
34102

About Xasax

Xasax Corporation provides an ultra-low latency financial network called the Xasax Financial Backbone built by lighting diverse dark fiber paths. The XFB encompasses the majority of available liquidity in the US with dark fiber interconnections. Xasax services include proximity hosting / co-location; raw and consolidated market data; order routing and execution management systems; Vendor of Record/entitlement solutions, and historical data warehousing. This infrastructure facilitates high-frequency traders, hedge funds, and financial service providers.

About Xasax Corporation

Xasax Corporation provides an ultra-low latency financial network for black and grey box trading systems; order, execution and trade management systems; historical data warehousing; and financial services. Our clients include active traders, hedge funds, and financial service organizations.

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