eSpeed, Inc. the frontrunner in the field of electronic marketplaces and related trading technology for the global capital markets announced here today of the Court ruling that has gone in its favor thus making it possible and preserving its internationally owned prestige. It has been affirmed, that the definite Court ruling with major implications for the expectations of the global markets has brought forward a new hope under the initiative of the US District Court for the Northern District of Illinois. The ruling, regarding the contemporary and the most recent productions of the eSpeed Inc stating that its futures-trading software however do not contravene any of the patents that are being asserted by the Trading Technologies International.

eSpeed, Inc. from its inception in the December of 1999, has been performing as a  definitive marketplace technology provider for the financial capital markets of the world. The company by now is regarded as a frontrunner organization in developing and deploying electronic marketplaces and related trading technology that offers traders access to the most liquid, efficient and neutral financial markets in the world. The chief function of the company lies in operating in multiple buyer, multiple seller real-time electronic marketplaces for the global capital markets that includes the world's largest government bond markets and other fixed income and foreign exchange marketplaces.

However it has come to the knowledge that though the trial has not begun up till now, the court granted summary judgment of non-infringement, that has been designed as appropriate when no reasonable jury could find that the patents were infringed by the products indicted as part of the very process. The order covers the Dual Dynamic and espeedometer versions of the eSpeed and ECCO products.

Mr. Howard W. Lutnick, Chairman, the Chief Executive Officer and President of eSpeed, while commenting on the Court ruling said, "In another clear victory for our customers and the broader markets, the Court has again supported our belief that our eSpeed and ECCO products do not infringe the Trading Technologies patents. Our futures business is in a stronger position to satisfy customers' needs with a suite of innovative new products. We look forward to resolution of the remaining issues, including those related to whether Trading Technologies' patents are valid."