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Tamarac Releases Advisor 5.0. Power Functionality Added for Mutual Funds, Trading and Tax Loss Harvesting. Product to Demo at Schwab Impact Conference in Seattle September 25 to 28.

"Rebalance 1000 Accounts in Less than 10 Minutes"

SEATTLE, WA, September 19, 2005 - Tamarac Inc., the premier provider of robust, web-based rebalancing and trade order generation systems for financial advisors, today announced the release of its newest version; Tamarac Advisor 5.0. The product has been enhanced to include new and improved functionality for mutual funds, rebalancing and trading. "This latest release of Tamarac will revolutionize the way investment managers do business," said Richard Thomas, Executive Vice President, Business Development. "Tamarac 5.0 allows advisors to not only rapidly rebalance thousands of accounts in minutes, but to also do so in a tax-efficient manner. Bottom line: advisors reduce costs and improve investment returns for their clients"

New or improved features in Tamarac Advisor 5.0 include 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. Tamarac Advisor 5.0 is web-based and integrates seamlessly with leading portfolio management systems such as Schwab PortfolioCenter.

Tamarac Advisor 5.0 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. "Work that could take days even with several employees can now be done at the touch of a button. This frees up advisors to spend more of their time on more important functions such as building their businesses," says Thomas.

Tamarac Advisor 5.0 will be demoed at the Schwab Impact Conference in Seattle from September 25 to 28 at Booth 733.

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