Syndera Corporation Announces Release of Syndera 2.3

Leading Real-time Operational Intelligence Company Sets New Standard with Flash-Based UI

REDWOOD CITY, Calif., December 5, 2005 - Syndera Corporation, a leading provider of real-time operational intelligence software, today announces the release of Syndera 2.3, enhancing their industry-leading software with the incorporation of the category's first Flash-based UI. The new release empowers users with a dynamic and customizable user experience to make more intelligent decisions while minimizing IT involvement.

Syndera 2.3 provides real-time operational intelligence that equips decisions makers to easily monitor and analyze key performance indicators, readily identify problems, discover opportunities and take immediate action. Syndera also provides end users with a customizable dashboard for unparalleled usability and flexibility with minimal IT involvement. Through the dashboard, users can define metrics and display them in forms that are the most relevant to them. They can then view the metrics and alerts on the dashboard as well as the desktop, a key feature in industries where desktop real estate is overcrowded with applications.

"Our customers asked for easier and more powerful ways to display analyze and manage business events," said Karen Barnes, Vice President of Engineering at Syndera. "This product release is a significant move toward a customizable user interface that reflects light speed changes to events as they occur, continued Barnes.

Some of the world's largest capital markets companies, in fixed income, foreign exchange and equities, are using Syndera 2.3 to monitor and provide proactive decision making during millisecond trades. Syndera 2.3 enables trading organizations to see specific transactions as they occur, understand if the process is performing quickly enough to win business and execute back-office systems to mitigate threats and assure profitable trades. Moreover, if a trade is stuck in process Syndera proactively alerts the user and helps determine the best course of action to quickly complete the transaction.

"Black box trading requires traders to make decisions at unprecedented speed. Software solutions that provide traders with visibility and control of sub-second trading event information, in a timely and meaningful manner, will end up as winners in this newly competitive marketplace." said Robert Iati, partner with TABB Group

About Syndera 2.3

Syndera 2.3 provides context-specific, actionable intelligence delivered to both business and IT users in real-time. The Syndera 2.3 solution includes a flexible and customizable Flash-based dashboard that provides real-time, end-to-end visibility of automated processes; a powerful correlation engine that continuously collects events and computes metrics and alerts; and a content repository that allows users to model information to meet their exact business requirements.

With Syndera 2.3, companies are better equipped to respond to opportunities and threats as they occur resulting in greater customer retention and increased revenues.

About Syndera

Syndera is a leading provider of Operational Intelligence software that delivers real-time visibility and control of automated processes. The Syndera solution empowers users to monitor, analyze and react to events in a timely, effective manner, and establish a more responsive, competitive business. Headquartered in Redwood City, CA, Syndera Corporation is a privately held company funded by leading investors including Clearstone Venture Partners, Andy Ludwick and ONSET Ventures.

For more information about Syndera, please visit www.syndera.com.