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Assets Managed on Tamarac Advisor Rebalancing and Trade Order Management System Soar to $12 Billion

Seattle, October 31, 2006 � Tamarac, Inc., the premier provider of a robust, web-based rebalancing and trade order management system for financial advisors, today announced that its clients are now managing over $12 billion in assets through the Tamarac System. This achievement marks a tremendous year of growth for Tamarac with assets growing from under $300 million to over $12 billion since the product was introduced to the market during the last year.

In the 12 months since its launch, Tamarac Advisor has been implemented by over 100 advisory offices ranging in size from as little as $25 million in assets under management to over $3 billion, demonstrating the flexibility and scalability of the product.

Richard Thomas, chief executive of Tamarac, attributed the rapid expansion to "our consistent ability to attract new advisors on the strength of what is a uniquely advisor-friendly software product."

"Tamarac Advisor is a product that's proven to be a huge value-added benefit to advisors," Thomas added, "but I'm not surprised. The financial advisor community actually played a key role in developing enhancements in the product, among them, our new functionality for managing families and their underlying member accounts."

A singularly impressive endorsement of the product came with its selection by The Mutual Fund StoreTM earlier this year. The Mutual Fund Store, an investment advisory firm that focuses exclusively on mutual funds, chose Tamarac Advisor to assist its advisors nationally in the management of more than 28,000 accounts.

According to Jon Bentz, chief operating officer of The Mutual Fund Store, "Implementation of Tamarac's software system has enabled our advisors to enhance performance and manage accounts more efficiently, so that they have more time to focus on continuing to generate the results and the high quality client service for which we are known. We are very pleased to be a part of Tamarac's growth and look forward to our continued mutually beneficial relationship."

Mark Spangler, chairman of Tamarac and himself a registered investment advisor, said, "As a financial advisor, it is very gratifying to see that our product is making such a positive impact on the industry and that it is so well received and beneficial to fellow advisors."

Spangler added, "By utilizing Tamarac's portfolio management system, advisors not only realize reduced costs and enhanced investment returns for their clients, but have more time for client service, practice management and new business development."

Tamarac also announced that it will be exhibiting at the upcoming Schwab Impact 2006 Conference in Washington, D.C. from November 5 � 8. Tamarac's booth number is 229.

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