[November 02, 2005]

Private Trading Systems Files Provisional Patent on Electronic Trading System

SCOTTSDALE, Ariz. --(Business Wire)-- Nov. 2, 2005 -- Private Trading Systems, Inc. (Pink Sheets: PVTD) announces filing the first provisional patent on its electronic transaction processing and trading system. The provisional patent filing becomes a key element in the overall intellectual property strategy of the Company, which is anticipated to include patent, trade secret, trademark and copyright components under the guidance of its patent counsel, Kenyon and Kenyon - New York. The process leading up to the patent filing included a coordinated team effort involving Private Trading's domestic and foreign supporters. The Company anticipates extending their intellectual property coverage to various asset-based technology applications.

About Kenyon & Kenyon

Kenyon & Kenyon, with over 200 specialist attorneys based in their offices in New York, Washington, D.C., and Silicon Valley, is internationally recognized for its outstanding reputation in all fields of Intellectual Property law, with specific expertise including Intellectual Property development. Kenyon & Kenyon has done formative work in the design of information science patents and has for many years represented numerous international clients. Its practice is vertically integrated, incorporating all aspects of Intellectual Property law, including the design phase, implementation of IP strategies, advice for IP asset valuation, and coordination of the international defense of such properties.

About Private Trading Systems

Private Trading Systems, Inc. is developing turnkey exchanges for all types of assets to which a CINS/CUSIP number can be assigned or created. Private Trading Systems is a quick, effective and proprietary venue for secure, clean and efficient electronic transaction processing. It is designed to preclude specific forms of illegal manipulative trading of any security for which it provides exchange services. The intention of the Company is to offer an "exchange environment access" through a unique design of exchange services and proprietary integration of functions that is not currently available anywhere in the world. Private Trading Systems has partnered with Societe Bancaire Privee (SBP) of Geneva, Switzerland as the Company's custodian and bank partner. The Swiss Federal Banking Commission must approve all exchanges taking place on Private Trading Systems prior to concluding any transaction.

Forward-Looking Statements

This press release contains statements that are "forward-looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.

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