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Lava Trading Honored Nationally as One of the 50 Best Places to Work.

NEW YORK -- Great Place to Work(R) Institute Selects "Best Small & Medium Companies to Work for in America"

Lava Trading Inc. has been named among the top 50 Best Small & Medium Companies to Work for in America. The list was announced on June 28th before 12,000 human

resource professionals at the Society for Human Resource Management's 56th Annual Conference & Exposition in New Orleans.

This year marks the launch of the list, which ranks the top 25 small and top 25 medium companies in America that have used smart people management strategies to develop a strong trust between employees and management. The organizations, ranging in size from 50 to 999 employees, were selected and ranked by the Great Place to Work(R) Institute based on various criteria, including a randomly distributed employee opinion survey. Each evaluated company was given a score based on employees' responses to a detailed questionnaire about the organizations' workplace cultures.

The winning organizations will appear in the July issue of HR Magazine, the Society's flagship publication, available at www.shrm.org/hrmagazine and also listed on the Great Place to Work(R) Institute website at www.greatplacetowork.com.

Lava is a leading developer of high-performance trading solutions for the financial services industry. In just five years, the company has grown from a startup with five employees, to a profitable company with a staff of nearly 200. As a cost effective and neutral provider, its OTC, Listed and Foreign Exchange solutions are used by leading broker/dealers, including most of the top 20 U.S. investment banks, market makers, hedge funds and institutional investors.

"We are honored to receive this tribute," said Richard Korhammer, Chairman and CEO, Lava Trading Inc. "Lava's tremendous success has been attributed as much to its people as to its technology. Since our founding, we have engendered a can-do and winning culture at Lava. We have created a fun, team-oriented, high-growth environment that has attracted and retained dedicated, knowledgeable individuals of the highest caliber."

"Being a top employer is critical to long-term growth and success," said Society for Human Resource Management President and CEO, Susan R. Meisinger, SPHR. "Too often only large organizations receive credit for great people practices. The Society is very proud to show that smaller organizations can and do compete for top talent and may even have added flexibility or innovation to help employees perform well while loving their jobs."

Great Place to Work(R) Institute cofounder Robert Levering said, "The companies on this list set the standards for all workplaces. They show that companies can become successful by creating an environment where employees trust their management, have pride in their work and have positive relationships with their coworkers."

About The Society for Human Resources Management (SHRM)

SHRM is the world's largest association devoted to human resource management. Representing more than 185,000 individual members, the Society's mission is both to serve human resource management professionals and to advance the profession. Founded in 1948, SHRM currently has more than 500 affiliated chapters and members in more than 100 countries.

About Great Place to Work(R) Institute

The Great Place to Work(R) Institute is a research and management consultancy headquartered in San Francisco with affiliate offices in 25 other countries throughout the world. The organization produces other "Best Companies to Work for" lists, including Fortune's "100 Best Companies to Work for"(C), which recognizes employers with 1,000 or more employees.

About Lava Trading Inc.

Lava Trading Inc. is an innovative technology firm that develops unique, high-performance trading solutions for the financial services industry. Lava's products are created as true ASP solutions built to withstand maximum volumes in the most volatile conditions. As a cost effective and neutral provider, Lava's OTC, Listed and Foreign Exchange solutions are used by leading broker/dealers, including most of the top 20 U.S. investment banks, market makers, hedge funds and institutional investors. With its patented products and capital markets expertise, Lava creates value-added trading solutions that combine speed, intelligence and reliability. For more information, visit www.lavatrading.com.

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