Arsin Corporation Announces Unique Web-Based ePortfolio Software Product at e-finance Expo and Conference.

Business Editors/High-Tech Writers

e-finance San Francisco 2000

SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 7, 2000

High-Performance ePortfolio(TM) Provides a Smarter,

More Efficient Way for Investment Houses to

Meet the Needs of High Net Worth Individuals.

Arsin Corporation, a provider of collaborative e-Business products and services, today unveiled its new ePortfolio software offering at the e-finance expo and conference. ePortfolio represents a new application product category that is designed to meet the unique and complex needs of investment banks serving high net worth individuals. ePortfolio is a highly secure, streamlined suite of Web-based financial products and services that simplifies labor-intensive transactions associated with key corporate service activities. Financial institutions, stock administrators in client firms, and client firms' employees are provided with access to information from diverse sources and personalized services.

ePortfolio has been under development for the past 18 months. Initial deployment at two major national investment firms commenced in September, with production status expected by January. The initial 3 application modules -- Options, ESPP, and Directed Share Program, are available today. Additional modules will be delivered next year, based on initial customer needs and market opportunities. In addition to the licensed software product, implementation service and support are available nationally through Arsin's offices in San Francisco, New York, and Kansas City. ePortfolio can be fully integrated with industry-standard back-office operations -- including cashiering, tracking, book reconciliation, etc.

Arsin's ePortfolio Web-based software includes modules that greatly enhance productivity and online business intelligence -- Company Stock Option Plan, Company Employee Stock Purchase Plan, and Directed Share Program (friends and family). ePortfolio is a highly scalable solution built on BEA's WebLogic Server(TM). WebLogic's open architecture will enable the rapid integration of ePortfolio with a financial institution's existing back-office infrastructure.

Investment management firms using ePortfolio gain a full range of value-added e-Finance tools:

-- Client account application, electronic order processing (both execution and
customer reporting), and complete customer, corporation, and broker accounting
records. The reports package includes comprehensive blotters, new account
reports, and tax reporting, as well as printed confirmations and cash
settlements.

-- Data is reconciled daily via direct data links with back-office software
systems.

ePortfolio provides a smarter, more efficient way for investment houses to meet the needs of high net worth individuals by offering new and valued services that are more profitable to the financial institution. With ePortfolio, administrative overhead is dramatically reduced, corporate services productivity is greatly increased, and client (companies and individual investors) satisfaction is significantly enhanced.

"The Internet has served as a catalyst to dramatically increase the demand for Web-based financial services," said Bruce Stouffer, general manager of the eFinance Division at Arsin Corporation. Arsin is strongly committed to focusing its resources on supporting this growing demand. Utilizing leading-edge technology, ePortfolio represents the first wave of a new product breed that meets the needs of businesses and consumers alike. ePortfolio provides value-added services to three different target audiences: financial institutions, stock administrators in client firms, and client firms' employees."

The e-finance expo and conference, to be held November 7-8 at the San Francisco Hilton and Towers, will bring together the brightest business minds from the financial services industry under one roof with the world's most innovative technology leaders. In an informative presentation to conference attendees on November 8, Rodger Mastako, Arsin's ePortfolio managing director, will discuss complex challenges facing financial institutions in the new economy. The presentation will address industry trends, financial industry responses, and promising e-Business opportunities that leverage emerging Internet technologies.

About Arsin Corporation

Since 1995, Arsin Corporation has excelled at providing innovative e-Business solutions to Fortune 1000 and emerging Internet companies worldwide in finance, banking, healthcare, and high technology. Arsin assists companies in building their e-Business systems and end-to-end IT infrastructures that leverage existing investments and integrate business-critical applications. Arsin Corporation offers a comprehensive suite of e-Business integration services and industry-specific e-Business solutions, from initial strategy and design, through development, automated testing, and continuous deployment to address rapidly changing e-Business environments. Headquartered in Santa Clara, California, Arsin Corporation can be reached at www.arsin.com or 408/653-2020.

Note to Editors: Arsin(TM) and ePortfolio(TM) are trademarks of Arsin Corporation. All other company names are service/trademarks of their respective owners.