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Tamarac Inc. Joins Advent Software Certified Integration Vendor Program

Tamarac to Provide Tax-Efficient Separate Account Component on Advent Axys Platform

SEATTLE, WA, May 08, 2002 - Tamarac Inc. (www.tamaracinc.com), a leading provider of highly scalable, tax-efficient separate account management tools, today announced it will become an Advent Software Certified Integration Vendor. Advent Software, Inc. (Nasdaq: ADVS) is a premier provider of software, data and services for the financial services industry.

Through the Certified Integration Vendor Program, the two companies will collaborate to provide a seamless interface between Tamarac and Advent's Axys® portfolio accounting and management solution. "This is an important integration for Tamarac," said Matt Springer, Tamarac CEO. "Axys is the accounting and reporting platform of choice for many of our customers, and we are pleased to make it simple for them to use our tools to create separate accounts within a reporting framework that they know and depend on."

Tamarac's tax-efficient portfolio management technologies cater to the full spectrum of professional advisors, whether they are "passive" or "active." Advisors, institutional managers, or brokers can add tax-efficiency and customization to their existing equity offerings. Additionally, Tamarac provides an elegant and scalable solution to the back office complexities of running separately managed accounts (SMAs) and multiple style portfolios (MSPs). The result is the ability to increase the value of your existing offerings and efficiently enter the rapidly growing separate accounts marketplace.

Advent's Certified Integration Vendor program was designed to provide seamless integration between Advent's solutions and the products and services of a wide range of qualified firms. Through Advent-supported XML-based integration, Advent's clients benefit from a host of applications that meet a variety of their business needs. "Tamarac is developing new technologies to support the rapidly changing investment advisory business, including wealth management and separately managed account functionalities. Tamarac is a great fit for our program and we're pleased to offer their solutions to our customers," said Tom Catanese, Senior Business Development Manager at Advent.

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

About Advent Software, Inc.

Advent Software, Inc. (www.advent.com) has been providing trusted solutions to the world's leading professional money managers since 1983. Firms in 45 countries use Advent technology to manage investments totaling more than US $8 trillion. Advent's quality software, data, services and tools enable managers to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent's common stock is traded on the NASDAQ National Market under the symbol ADVS.


 
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