OptiMark, Inc.

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SOFTBANK To Lead $100 Million Private Placement Investment In Optimark

Jersey City, NJ, July 2, 1999 - OptiMark Technologies, Inc. today announced that it has reached an agreement under which SOFTBANK Capital Partners LP will invest up to $100 million in the Company. This private placement would represent SOFTBANK's initial investment in OptiMark.

"We are extremely pleased that SOFTBANK is becoming an investor in OptiMark," said Phillip J. Riese, Chief Executive Officer of OptiMark. "In our corporate funding plans, we were looking for a strategic investor who has global expertise and commitment to all forms of e-commerce, particularly those related to financial markets. SOFTBANK perfectly fits the bill." "OptiMark is clearly a pioneer in electronic trading and, we believe, will become the trade execution system of choice for many professional investors," said Ron Fisher, Vice Chairman of SOFTBANK. "We are extremely excited about this investment and look forward to a long-term relationship with OptiMark."

SOFTBANK Capital Partners LP was recently formed to make investments primarily in later-stage Internet and technology-related companies with a focus on companies operating in the United States. SOFTBANK Corporation of Tokyo is a leading provider of information and distribution services for the digital information industry. As Japan's largest distributor of software and computer technology publications, SOFTBANK has stakes in more than 60 Internet and technology-related companies. For more information about SOFTBANK, please visit the World Wide Web at http://www.softbank.com.

OptiMark Technologies, Inc., a privately held transaction services company, offers an innovative securities matching facility that increases the efficiency and lowers the cost of trading. The OptiMark(tm) Trading System's patented design offers traders a unique, confidential way to express their full trading interests without paying the typical market impact costs. OptiMark is headquartered in Jersey City, New Jersey, and has offices in the U.S., Canada and Japan, including in New York City, Boston, Chicago, Durango, Colo., Los Angeles, San Francisco, Toronto and Tokyo. Additional information on the company is available on the World Wide Web at http://www.optimark.com.