News: UNX in the News

April 03, 2006

UNX Announces Strategic Investments from Goldman Sachs and UBS

New York, NY – April 03, 2006 – UNX, Inc., the independent institutional brokerage and market structure experts, today announced it has received strategic equity investments from Goldman Sachs and UBS. As a result of the investments, Goldman Sachs and UBS will become minority shareholders in UNX and the company's board of directors will be expanded to include new appointees Jim Rogan and Will Sterling.

"We are excited to expand our relationship with UNX," stated Mr. Rogan, Managing Director at Goldman Sachs. "We have been actively working with UNX in various capacities for several years, and believe this investment helps solidify our relationship with the company."

Mr. Sterling, Managing Director at UBS, commented, "Our clients count on us to provide them with the very best in execution capabilities. Our partnership with UNX helps accomplish this goal, and we look forward to continuing to work with the company in an expanded capacity."

UNX provides customizable trading solutions for institutional investors to meet a wide range of trading needs with advanced functionality, proprietary technology and superior client service. "We believe the strategic equity investments by these two world class organizations validate the UNX value proposition," said Michael Dura, Chief Executive Officer of UNX. "We look forward to working with our new partners as we continue to develop the organization."

Goldman Sachs and UBS will join existing investment firms Lovell Minnick Partners, Gazelle TechVentures, and Blue Chip Ventures as investors in UNX.

About Goldman Sachs

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

About UBS

UBS is one of the world's leading financial firms, serving a discerning global client base. As an organization, it combines financial strength with an international culture that embraces change. As an integrated firm, UBS creates added value for clients by drawing on the combined resources and expertise of all its businesses.

UBS is the world's largest wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking.

UBS is present in all major financial centers worldwide. It has offices in 50 countries, with about 39% of its employees working in the Americas, 37% in Switzerland, 16% in the rest of Europe and 8% in Asia Pacific. UBS's financial businesses employ more than 69,500 people around the world. Its shares are listed on the SWX Swiss Stock Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).

About UNX

UNX is an institutionally focused agency brokerage providing advanced electronic trading solutions and premium services. With flexible connectivity options and core platform technology that consolidates market access and provides a true depth-of-book view of the US equities market, UNX enables buy-side investors to minimize market impact, reduce transaction costs and manage today's fragmented liquidity to their advantage. UNX meets the demanding requirements of institutional trading through innovative, reliable technology to streamline trade operations and help sophisticated traders find best execution opportunities within a completely anonymous environment. The company's commitment to trading efficiency extends to its multiple value-added services, including advanced electronic trading capabilities, commission management tools and an agency trade desk. For more information, please visit www.unx.com. Member:NASD/SIPC

UNX: Market Structure Experts

Media Contacts

Damon Leavell for UNX, Inc.
Forrest PR
(973) 590-5155
damon@forrestpr.com