Hudson Ridge Trading & Research LLC and Xtract Research LLC Announce Research Distribution Agreement
Hudson Ridge Trading & Research announced today an exclusive research distribution pact with Xtract Research.

NEW YORK, NY, October 03, 2009 /24-7PressRelease/ -- Hudson Ridge Trading & Research LLC announced today an exclusive research distribution pact with Xtract Research LLC. The arrangement will allow institutional bank loan clients of Hudson Ridge to have access to certain reports and loan documents previously available only to subscribers to LSTA/Xtract Bank Debt Review. Xtract provides an in depth summary and analysis of credit agreements by a team of experienced finance attorneys, who are available to consult with Hudson Ridge clients.

"Having spent many years working in bank loan portfolio management, I fully appreciate how a tool like LSTA/Xtract Bank Debt Review will enhance productivity of our client's trading and analytical team" said Matthew O'Callaghan, President of Hudson Ridge Trading & Research LLC. "This will strengthen Hudson Ridge's already prolific suite of offerings and distinguish us from other boutique loan trading desks."

LSTA Xtract Bank Debt Review provides a comprehensive analysis of credit agreements covering both newly issued loans and loans in the secondary market for both public and private agreements. The service also allows clients to view a side-by-side comparison of Xtract's proprietary baseline agreement to the credit agreement under review. All reports are updated for any amendments.

"Xtract is pleased to announce this venture as it will provide the means to a much wider distribution of our services and will allow lenders to take advantage of our highly value-added commentary simply through trading with Hudson Ridge" added Michael Knox, President of Xtract Research.

About Hudson Ridge
Hudson Ridge is an institutional trading and research firm specializing exclusively in both performing and non-performing syndicated bank loans. The firm was founded by Matthew O'Callaghan, a seasoned trader and analyst who has more than ten years of experience dedicated to trading and analysis of bank loans.
About Xtract Research
Xtract Research is an independent, fixed income research firm specializing in covenant research in convertible, high yield, investment grade securities and credit agreements. Its clients consist of many of the world's preeminent hedge funds, investment managers and investment banking firms.

For more information please contact:

Xtract Research: Kim Clyne at 203-599-1000 or kclyne@xtractresearch.com

Hudson Ridge: Matt O'Callaghan at 212-710-2727 or matt@hudsonridgetrading.com

Website: www.hudsonridgetrading.com, www.bankdebtreview.com

Press Release Contact Information:

Kim Clyne
Xtract Research
Director of Marketing
23 Catoonah Street
Ridgefield, CT
USA 06877
Voice: 203-599-1000
Website: Visit Our Website