Quantitative Alpha Trading Inc. Announces Appointment of New President and COO of US Subsidiary

TORONTO, Aug. 17, 2011 /PRNewswire/ – Quantitative Alpha Trading Inc. (CNSX:
QAT)(OTCQB:RTNSF) (the “Company” or “QAT”) is pleased to announce today
that Mr. Benjamin Chesir has joined QAT’s wholly owned US subsidiary,
Quantitative Alpha Trading (USA), LLC, (“QAT USA”) as President and
Chief Operating Officer, with his engagement to commence in
mid-September, 2011.

Mr. Chesir has also agreed to join QAT’s board of directors effective
upon his commencement, replacing Michael Boulter, who is stepping down
as the current transitional phase of the Company comes to an end. “We
are delighted with this appointment and also grateful to Mr. Boulter
for the service he provided to the Board and to the Company during a
critical period of reorienting QAT for growth,” stated Todd Halpern,
Chair.

Mr. Chesir has over 15 years of capital markets experience focusing on
all facets of trading and money management. He started his career at
Merrill Lynch in a variety of roles including software developer,
market data executive and futures and options sales trader. Mr. Chesir
also served as First Vice President at ABN AMRO Inc and as a Director
at Citigroup, where he built and ran the risk management infrastructure
and functions for those firms’ North American exchange-traded
derivatives businesses.  Mr. Chesir joined the New York Mercantile
Exchange as its Senior Vice President of New Product Development in
2006 focusing on new initiatives including formation of the Green
Exchange, launch of various index futures products, as well as its M&A
and strategic joint ventures.  After the CME Group’s acquisition of
NYMEX he took a position at OTC Global Holdings as its Chief
Development Officer helping that firm develop and distribute its
electronic trading platform to institutional clients and brokers

QAT’s CEO Jim McGovern stated “We are very pleased to have attracted
such a talented executive as Ben Chesir to lead our US operations.  Ben
brings a wealth of experience and strategic relationships that will
accelerate our US business plan”.

“I am excited to be joining an entrepreneurial firm with a tremendous
technology platform,” Mr. Chesir added. “We will be executing joint
ventures with multiple organizations as well as developing investment
funds for broad distribution”.

Mr. Chesir will be working closely with QAT’s Vice Chairman Mr. Richard
Schaeffer, also based in New York City.

About QAT

For more than a decade, QAT has been researching, developing and
maintaining proprietary algorithmic securities trading systems that
operate across numerous financial markets. Relying on behavioural
science patterns, the Company’s proprietary systems use a linked series
of computer programs to analyze securities market data in real-time and
directly execute buy or sell orders over the electronic securities
exchanges while monitoring the status of every trade within a given
portfolio without human intervention. The Company trades on CNSX under
the symbol QAT and in the United States on the OTCQB under the symbol
RTNSF.

Except for historic information, the matters discussed in this document
contain certain forward-looking statements. These statements involve
known and unknown risks, delays, uncertainties and other factors not
under the Corporation’s control that may cause actual results, levels
of activity, performance or achievements to be materially different
from the results, levels of activity, performance, achievements or
expectations expressed or implied by these forward-looking statements.

CNSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of the content of this news release.

SOURCE QUANTITATIVE ALPHA TRADING INC.