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Stuart DePina Joins Tamarac as Chief Executive Officer

DePina brings a successful track record of driving profitable growth strategies

Seattle, Wash., April 16, 2007 - Tamarac, Inc., the premier, web-based rebalancing platform for financial advisors, today announced that Stuart DePina has joined the organization in the role of Chief Executive Officer.

As CEO, Stuart DePina will manage the near and long-term growth strategies of the company. His balanced leadership is rooted in deep financial experience and the belief that a solid organization is built on customer focus, commitment, perseverance and thoughtful business practices. DePina's professional history is distinguished by leadership roles in guiding firms through various stages of development, including IPOs and acquisitions.

Most recently, DePina served as CEO of Who's Calling in Kirkland, Washington where he was responsible for taking the company into new markets and expanded product lines. During his tenure the company enjoyed a doubling of its revenue base and conversion into profitability generating operating margins exceeding 20% on a recurring basis.

"Stuart has a proven track record of building profitable and rapid growth at several well-known national and local companies. The board feels extremely fortunate to have him on the team," says Mark Spangler, chairman of Tamarac and himself a registered investment advisor. "We have multiple opportunities for growing the business and Stuart's leadership will provide clear direction on the most advantageous direction for the company."

Prior to Who's Calling, DePina was president and CEO of xSides Corporation, a developer of trusted computing and digital rights management technology. Additionally he served as CFO for Ticketmaster Corporation, Inc., and a partner at a Big 4 public accounting and consulting firm, KPMG, providing services to clients in the financial services and information communications industries.

"Tamarac has developed a unique solution which enables advisors to solve the complex and time consuming process of rebalancing portfolios using our robust web-based application," said DePina. "In the last five months we have seen our clients' assets under management soar from $12 billion to $30 billion. The main value proposition to our clients continues to be driving operating efficiencies within their back-office through best-of-breed technology, which in turn enables them to more rapidly grow their business with greater profitability."

Depina continues, "We are very bullish about the upcoming release of our reconciling technology, which when paired with our rebalancing product, Advisor, will further build out our rebalancing platform to provide greater automation and ease when it comes to fulfilling SEC compliance regulations."

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