To: steve goldman who wrote (4946 ) 6/18/2002 12:18:25 PM From: steve goldman Respond to of 4969 FOR IMMEDIATE RELEASE YAMNER & CO., INC. ANNOUNCES WEB-BASED HTML TRADING VIA THE NETEXCHANGE CLIENT SITE June 18, 2002, Saddle Brook, NJ - Yamner & Co., Inc. today announced the production release of its NetExchange Client trading platform, allowing clients to enter equity, option and mutual fund transactions from the internet using a standard web browser. The NetExchange trading functionality ties directly into the widely-utilized NetExchange site currently used by many Yamner & Co., Inc. clients to view transactions, balances and money line positions. “Complementing our Yamner Direct Order Entry, which we released last week, the Net Exchange online HTML-based order entry platform is going to be a great tool for many of our clients that have more simplistic order flow. While a vast majority of our clients are still best served utilizing our Tier One trading desk via other communication technologies, many will come to greatly appreciate the simplicity and outstanding performance of the NetExchange Client systems”, states Steve Goldman, Chief Executive Officer. The NetExchange technology is part of the service offering provided to Yamner & Co., Inc. by its clearing firm, Pershing, a division of CFSB. Yamner & Co., Inc. is a discount brokerage firm servicing the financial markets for nearly three decades. Yamner & Co., Inc.’s Tier One trading desk services both the small- and mid-sized institutional markets as well as the retail sector. The firm offers more than twenty-six execution systems and eighty-two liquidity sources. For more information on the NetExchange, please visit trading.yamner.com .’ Contacts: Yamner & Co., Inc. Derek Ralston dralston@yamner.com (201) 587 – 2424 yamner.com