Prescient Securities Signs Toyota Motor Credit Corporation To cpmarket.com Platform

    WHITE PLAINS, N.Y., May 24 Prescient Markets, an Internet
solutions company for commercial paper distribution, today announced through
its wholly owned broker-dealer subsidiary, Prescient Securities, LLC, a signed
agreement with Toyota Motor Credit Corporation (TMCC).  TMCC, a retail and
wholesale financing company, will issue commercial paper through Prescient
Securities' Internet-based portal, cpmarket.com(TM).
    "We are very pleased to announce the addition of yet another key issuer to
our platform," said Laurent Paulhac, president and CEO of Prescient Markets.
"TMCC joins an already impressive roster of issuers that understand the value
of cpmarket.com and how it can increase distribution and reduce their cost of
funding."
    "In the past couple of years, there has been a lot of talk regarding
Internet distribution of fixed income products," said Jean Liao, National
Treasury Manager for Toyota Motor Credit Corporation.  "For some products, it
hasn't been very successful, but we feel that in the commercial paper market,
the Internet will be a very viable method of distribution.  With cpmarket.com,
we anticipate reaching a larger investor base, including the middle market
institutions."
    cpmarket.com, which was launched in June 2000, is the first Web site for
commercial paper trading,* allowing real-time transaction capability directly
between issuers and investors via an Internet portal (market volatility and/or
congested system access may delay trade executions).

    About Prescient Markets
    Prescient Markets, introduced " ... the first web site for CP (commercial
paper) trading,"* and provides Internet technology that supports the
short-term funding markets.  The company, established in February 1999, is
based in White Plains, N.Y.

    *Treasury & Risk Management, December/January 2001

    About TMCC
    Toyota Motor Credit Corporation provides retail and wholesale financing,
retail leasing and certain other financial services to authorized Toyota and
Lexus vehicle and Toyota Industrial Equipment dealers and their customers in
the U.S. (excluding Hawaii) and the Commonwealth of Puerto Rico.  TMCC is a
wholly owned subsidiary of Toyota Financial Services Corporation, which is, in
turn, a wholly owned subsidiary of Toyota Motor Corporation.

    Prescient Securities, LLC, member NASD, SIPC

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