Oslo, Norway - November 28, 2023 - Smartoptics, a leading provider of optical
networking solutions, today announced that IPC Systems, a provider of secure,
compliant communications and multi-cloud connectivity solutions for global
financial markets, has selected Smartoptics to meet high-performance customer
requirements for electronic trading. The Smartoptics solution offers low latency
combined with simple management, short lead times and competitive pricing.

IPC is a leading fintech service provider serving the financial markets globally
with solutions for ultra-low latency electronic trading connectivity. In this
high-stakes business, customers require proven interruption-free latency
performance, down to the microsecond.

To meet an urgent customer demand in its New York metro network, IPC selected
Smartoptics open line system, transponders and muxponders to deliver lower
latency 100G Ethernet services. Extensive lab testing confirmed that the
Smartoptics solution was able to meet the customer's ultra-low latency
requirements.

"Smartoptics not only provided us with lower latency compared to other solutions
we assessed but also offered simplified management, shorter lead times, and more
competitive pricing," says Jeffrey Britell, Senior Vice President - Global
Network Services, IPC. "As a dependable vendor with a stable management team,
strong growth prospects, and impressive agility, Smartoptics stands as the best
-kept secret in optical networks for algorithmic trading. We anticipate
significant growth potential with Smartoptics and plan to expand our deployment
of their equipment. We look forward to continuing a close collaboration."

Following the successful deployment in New York, Smartoptics' solutions are also
being deployed in Asia where interoperability, usability, performance, and
simple installation are key success factors.

"Our products are carefully designed to be high-performance, flexible, and
reliable, all the while maintaining maximum simplicity and cost efficiency. This
has been proven for the world to see once again by IPC's rigorous testing and
successful deployment in a very high stakes use case. Even when there is zero
margin for error and tight deadlines to be met, Smartoptics delivers. IPC's
feedback and collaboration are valuable to us as we explore this new market
segment and continue to build on our initial success," says Magnus Grenfeldt,
CEO, Smartoptics.

For more information please contact:
Magnus Grenfeldt
CEO Smartoptics
+46 73-366 88 77
Email: magnus.grenfeldt@smartoptics.com

About Smartoptics
Smartoptics provides innovative optical networking solutions and devices for the
new era of open networking. Our customer base includes thousands of enterprises,
governments, cloud providers, Internet exchanges as well as cable and telecom
operators. We have an open networking approach in everything we do which allows
our customers to break unwanted vendor lock-in, remain flexible and minimize
costs. Our solutions are used in metro and regional network applications that
increasingly rely on data center services and specifications. Smartoptics is a
Scandinavian company founded in 2006. We partner with leading technology and
network solution providers such as Brocade, Cisco and Dell and have a global
reach through more than 100 business partners.

For additional information about Smartoptics, please visit
https://smartoptics.com/

About IPC
A specialist technology and service leader powering global financial markets for
over 50 years, IPC Systems is at the forefront of electronic trading
connectivity and state-of-the-art cloud communications, setting the standard for
exceptional service, innovation, and expertise.

IPC's customer-first approach is bolstered by an extensive and diverse financial
ecosystem that spans all asset classes and connects market participants anywhere
in the world for enhanced communication, collaboration, and compliance. Global
services include electronic trading, trading communications, and infrastructure
-as-a-service solutions.

IPC is ideally positioned to anticipate change and remain aligned with rapidly
transforming markets, and to empower customers to adapt to change, now and in
the future.

To learn more, visit www.ipc.com, (http://www.ipc.coma/) explore our
Insights (https://www.ipc.com/ipc-insights/) page and follow us on
LinkedIn. (https://www.linkedin.com/company/ipc-systems-inc-/)