Vernon & Park Capital Acquires Stake in Canadian Trading and Quotation System Inc. ("CNQ")

Vernon & Park Capital, L.P. announced today that it has acquired a minority
stake in CNQ, Inc., the first and only new Canadian stock exchange in over 70
years. CNQ has also developed and launched a high-speed trading facility, Pure
Trading, which provides an effective and cost efficient alternative for the
trading of Canadian equity securities designed to meet the needs of today's
global electronic participants. Details of the transaction were not released.


"Vernon and Park is pleased to announce our new investment in CNQ," said Jim
Ginsburg, Managing Partner of Vernon & Park Capital. "We are impressed with the
management team and the governing body of CNQ, which is revolutionizing equities
trading in Canada. The team has developed the right product at the right time.
Their execution platform is very attractive to the current generation of traders
and investors."


"We established Pure Trading to address the increasingly sophiisticated needs of
the tradin community," said Ian Bandeen, Vice-Chairman and Chief Executive
Officer of CNQ. "We are very pleased that Vernon & Park has chosen to invest in
our company. They bring considerable industry expertise and relationships in the
financial market sector. Their involvement with us will help us achieve our
goals of making the trading of equities in Canada better, faster and cheaper".


About Canadian Trading and Quotation System Inc. ("CNQ"), operator of the CNQ
stock exchange and Pure Trading marketplace:


Pure Trading provides an effective and cost efficient alternative for the
trading of Canadian equity securities. It is the second major initiative of CNQ,
which launched the first and only new Canadian stock exchange in over 70 years
in 2003, and which continues to steadily add to its complement of listed
companies, participating dealers and trading volumes. For more information
please visit the websites at www.puretrading.ca and www.cnq.ca. or call Lida
Preyma at 416.572.2000 ex 2285.


About Vernon & Park Capital, L.P.:

Vernon & Park Capital, L.P. ("VPC") is a private equity firm that focuses on
investments in the Exchange and Financial Market Sector (the "Sector"). Since
2001, VPC and affiliated parties have combined industry expertise and experience
with rigorous financial analysis to successfully deploy its investment capital
in the Sector. Through its investment activities, VPC provides capital to its
portfolio companies and utilizes its extensive network of industry contacts as a
strategic resource to help those companies realize their full economic
potential. For more information, please visit www.vernonpark.com or call Bruce
Werner at 847-374-3953.