Quadriga Groups signs with KL Minardi Asiatech.

KL Minardi Asiatech is today pleased to announce the team will be joined at this weekend's Grand Prix of Europe by new commercial partner, the Quadriga Group.

Founded in Austria by Christian Baha, Quadriga is one of the most successful global hedge fund managers. Impressively, as of May 31, 2002, the capital under company management amounted to US$200 million. This marks the first time Quadriga has become involved in the world of Formula One.

Quadriga is one of Europe's leading investment groups, offering institutions and private investors alike access to the dynamic world of hedge funds. It employs a fully automated trading system that executes transactions on all international and futures exchanges in the United States, Europe and Asia. The company's trading strategy assures investors of above-average gains in both falling and rising markets.

Quadriga's trading systems are unique, and the firm's hedge fund products are among the best such performers in the world. The Quadriga GCT futures fund has been ranked No 1 for two consecutive years, and Quadriga-managed funds have already received Micropal, Lipper and MAR Hedge awards as being the best international funds in their sector. Christian Baha is convinced that computerised trading systems, which completely eliminate human emotion from capital management, will soon overtake the traditional fund industry.

The company has offices in Vienna, Frankfurt, Zurich, New York, Chicago and Grenada.

"In the world of investing, the hedge fund industry is surely considered the premier class, just as Formula One is considered the pinnacle when it comes to motor racing," observes company founder and CEO, Christian Baha. "Through our partnership with Minardi, we now aim for pole position in one of the fastest emerging hedge fund markets in the world. We will go full speed into Asia and Australia, with the strength of the Minardi name and the popularity of Mark Webber and Alex Yoong supporting the company's expansion into these regions starting in the summer of 2002."

KL Minardi Asiatech Team Principal, Paul Stoddart, is equally enthusiastic about the potential of the new partnership. "The Quadriga Hedge Funds already have a strong presence in their home market, but the Minardi team will help to establish the brand name in South East Asia," he comments. "These are both young companies driven by an ambition to succeed and a desire to do things a little differently from the competition. We look forward to carrying Quadriga's distinctive green and white 'bull' logo on our cars and to tasting joint success in the future."