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The Mutual Fund Store Selects Tamarac's Portfolio Management System

Will Assist Financial Advisors In Management of More Than 27,000 Client Accounts Nationally

Seattle, July 25, 2006 - Tamarac Inc. today announced that The Mutual Fund Store has selected Tamarac Advisor, a state-of-the-art, web-based, global rebalancing and trade order management system, to assist its advisors nationally in the management of more than 27,000 client accounts totaling more than $2 billion in assets. Headquartered in Overland Park, KS, The Mutual Fund Store is an independent fee-based advisory firm that focuses exclusively on mutual funds.

"We are excited to announce our partnership with The Mutual Fund Store, a recognized industry leader," said Richard Thomas, chief executive officer of Tamarac. "The company will utilize the Tamarac system as a firm-wide solution for more than 120 financial advisors in 42 offices around the country. This is a significant client win for our firm and speaks to our growing reputation as the preferred rebalancing and trade order management system."

Tamarac's technology, which allows users to rebalance to asset class models, creates tax efficiencies and cost savings that can help advisors improve investment returns for their clients, Thomas said.

"Because client customization and strategic asset allocation are at the heart of each advisor's mutual fund portfolio recommendations, we see Tamarac Advisor as a great partner for The Mutual Fund Store," said Adam Bold, founder and chief investment officer of The Mutual Fund Store.

"We fully expect this software system will enable our advisors to enhance performance and manage accounts more efficiently, so that they will have more time to focus on continuing to generate the results and the high quality client service for which we are known," he said.

In commenting on the announcement, Mark Spangler, chairman of Tamarac, noted, "The alliance between Tamarac and The Mutual Fund Store not only represents a valuable solution to a business need, but also a timely response to the significant growth that The Mutual Fund Store has experienced over the past ten years.

"When Tamarac Advisor is rolled out companywide over the next six months, The Mutual Fund Store will be able to enhance its advisory service platform to provide additional support for what is one of the fastest growing and most respected financial advisor teams in the country."

Spangler noted that Tamarac will also provide education and ongoing technical assistance to The Mutual Fund Store to ensure that advisors are maximizing the software to achieve optimal efficiencies.

A unique mutual fund portfolio management solution, Tamarac Advisor boasts functionality that provides: automated cash raising or investing simultaneously across multiple accounts; tax loss harvesting; automatic substitution of alternative securities for closed funds and powerful rebalancing capabilities for the tracking and controlling of mutual fund redemption fees.

The software system also offers enhanced trading capabilities. It automatically creates uploadable, multi-custodian trade order files and supports a wide number of securities including stocks, bonds, mutual funds, ETFs and alternative investments.

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 The Mutual Fund Store

Mutual Fund Store (www.mutualfundstore.com) is one of the nation's first fee-based investment advisory firms to focus exclusively on mutual funds. The Mutual Fund Store advisory offices across the U.S. collectively manage client assets in excess of $2 billion utilizing a proprietary Strategic Asset Allocation System (SAMS) and a variety of analytical tools to screen over 18,000 mutual funds and fund managers. This process allows The Mutual Fund Store advisors to recommend personalized investment portfolios designed to be consistent with clients' objectives, time frames and risk tolerances. Special emphasis is placed on evaluating performance of individual fund managers and selecting those with historically strong records. Clients include individuals and company pension plans.


 
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