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Tamarac Secures Financing

Financial software firm's rapid success and growth strategy fuel additional financing from initial investors

Seattle, Wash., January 4, 2008 - Tamarac Inc., the premier portfolio rebalancing and trade order generation software provider for investment professionals, today announced the receipt of additional funding from its initial investors. This financing will be used to accelerate the development and distribution of the company's web-based financial software positioning the company to achieve profitability.

Tamarac develops proprietary web-based applications for the financial advisory market, which enables advisors to significantly enhance the precision and efficiency of their practice by automating critical operational functions such as portfolio monitoring, rebalancing, cash management and directed trading. These benefits result in lower operational costs for the practice and can net higher returns for their client portfolios.

"Tamarac has developed the most comprehensive and widely used portfolio rebalancing software solution available, which is a result of significant research and development with wealth management, advisory firms and other investment professionals" said Matt Springer, Founder and President of Tamarac. "Continuous dialogue with our clients is a driving principle in our business that allows us to release monthly feature enhancements that meet our clients' needs. Thanks to our web-based application, clients instantly benefit from our regular feature enhancements."

Tamarac's executive team brings a wealth of experience in the financial services and software industries as well as a history of driving accelerated company growth. Through their direction the company is uniquely poised to maintain its leadership position in addressing advisors' need to make the process of portfolio review, rebalancing, cash management and directed trading more efficient and accurate.

"Current public research shows that the large majority of advisory firms are still using a manual portfolio rebalancing process as opposed to rebalancing software. This tells us that the addressable marketplace is primed for our solution and our growth trends tell us that we have hit upon something that advisors find extremely valuable as reflected in the growth of our clients' the assets under management (AUM) which has increased over 375% in the last year alone, growing from $12 billion to now over $45 billion" said Stuart DePina, CEO of Tamarac. "The additional financing will allow us to further accelerate our growth in product development, sales and marketing efforts."

About Tamarac Inc.

Founded in 2000, Tamarac focuses on web-based portfolio rebalancing and trading software and consulting services for investment professionals that enable them to grow their business by automating critical portfolio management tasks. Tamarac is the leading portfolio rebalancing software provider with a collective client AUM in excess of $100 billion. Tamarac maintains over a 95% client renewal rate by working with each client to implement its technology and providing continuous support.

Tamarac is headquartered in Seattle, WA. Its website address is: http://www.tamaracinc.com