Advent Software Adds Five New Partners to its Alliance Program.

Business &High Tech Editors

SAN FRANCISCO--(BUSINESS WIRE)--Jan. 24, 2000

Advent Software (NASDAQ: ADVS), the leading provider of Enterprise Investment Management (EIM) technology, announces that Zacks Investment Research, Vestek, Kinder, Lydenberg, Domini &Co. (KLD), Econoday and Baseline all have joined the Advent Alliance Program.

The Alliance Program was designed to enhance the Advent Office(TM) suite by leveraging the expertise of the financial industry's leading providers of software and services. Since its launch in May of last year, the Advent Alliance Program has signed 13 partners. By integrating its partners' solutions with the Advent Office product suite, Advent provides its clients with streamlined processing and a reduced workflow, while increasing and extending the value of its customers' investments in Advent solutions.

The latest group of partners to join the Advent Alliance Program delivers a wide array of solutions that will enable Advent clients to enhance their investment decisions. From research to analytical tools to automating social investing criteria, these products and services are ones in which Advent's clients can find tremendous value in the course of their daily decision making.

Zacks Investment Research has been a premier developer of integrated software/data systems for the investment industry for more than 21 years. The Zacks Research System provides Institutional Money Managers with a comprehensive, insightful set of analytical tools designed to optimize their equity decision-making process. Advent will provide access to Zacks Research System modules for portfolio managers, which integrate Windows-based analytical software with databases containing price, estimate and fundamental data for more than 6,500 companies. The software's architecture and design, as well as the suggested selection of corresponding databases, allows users to shorten the collection and process time of data, eliminate manual re-entry of information, and analyze the impact of various influences on their investment process.

Vestek is an innovator in applying technology to help investment professionals make more informed decisions. Advent will integrate with Vestek's powerful portfolio management products. These include Portfolio Analyzer, a flexible system for evaluating the sources of performance; Strategy Developer, an integrated tool to help investment managers back-test their strategies; and Portfolio Builder, an optimization tool to assist managers in constructing portfolios. These sophisticated tools are used by hundreds of asset management organizations, including institutional portfolio managers, mutual funds, master trust banks, pension funds and consultants.

Kinder, Lydenberg, Domini (KLD) is the leading provider of social research for institutional investors, serving institutional clients who wish to integrate social criteria into their investment decisions. Advent will integrate with the company's Socrates product, which allows users to screen thousands of companies in more than 40 global markets. The firm is widely known for its Domini 400 Social Index, which it launched in 1990.

Econoday, founded in 1990, is a market leader in delivering economic resources to the investment community. Its newest suite of products, online, browser-based financial calendars, comprises a rich array of economic information including an entire year of economic trends, financial information and proprietary analysis. The calendar is customized to the look and feel of a client's Web site and may also be supplemented with client data to broaden the amount of data a client is able to deliver to its customers. Econoday has designed its online calendar content to educate investors about current and future economic trends with the objective of improving an investor's understanding of how economic conditions can affect the investor's portfolio and investment decisions.

Baseline's core product, BASELINE, is an interactive application that delivers long histories of company fundamental statistics, price action, ratios, earnings estimates, technical analysis and financial statements for more than 8,000 stocks. The information is presented in a visually revealing, graphical framework that delivers instant insight into the strengths and weaknesses of stocks and portfolios. Designed specifically for institutional money managers, BASELINE is a powerful tool for examining stocks, industries or sectors, individually or at the portfolio level.

Advent Software Inc. is the leading provider of Enterprise Investment Management solutions. The company provides a suite of complementary products for the front, middle and back offices of investment management organizations. The company's common stock is traded on the NASDAQ National Market under the symbol ADVS.

Editor's Note: For more information or to license Advent Software products, readers can contact Advent Software, 301 Brannan Street, San Francisco, CA 94107; phone [phone], or visit Advent's Web site at http://www.advent.com.

Advent Software Inc., and Advent Office are registered trademarks of Advent Software. All other products or services mentioned herein are trademarks or registered trademarks of their respective companies.