Axys Wins Over EPG.

SAN FRANCISCO--(BUSINESS WIRE)--August 18, 1998--When EPG Inc., a $2 billion Boston-based asset manager serving New England community banks, needed to move its portfolio management from an outside distributor to an in-house system, the company enlisted an outside consultant to help identify the best software vendor for the job.

The solution of choice, the consultant determined, was Axys(tm), Advent Software's (NASDAQ: ADVS) Windows-based portfolio management solution that is part of the Advent Office software suite of enterprise investment management tools. With Axys, EPG now benefits from enhanced functionality, including fixed income capabilities, sophisticated multicurrency accounting, and performance and management reporting.

"Axys won our business because of its functionality, reliability and service support," said Dave Thomas, president, EPG Inc. "That Advent is the leader in the field also ensured that we made the right decision. Another reason we chose Advent was its integratedsuite of solutions that are easily scaleable in case we need to add other functionality to our operation in the future."

Added Irv Lichtenwald, Advent's chief financial officer, "What many firms are discovering is that Advent Office provides an attractive, cost-effective alternative to developing a 'Frankenstein' system -- those in-house or vendor solutions that utilize lots of different components that were never designed to work together. Advent's state-of-the art technology is easy to implement and all of the components function synergistically. And, because Advent Office can get up and running very quickly, it saves on the time and money that would otherwise be spent on in-house development."

Axys provides investment professionals with comprehensive portfolio accounting, timely decision support, sophisticated performance measurement and flexible reporting. Axys integrates information flow and boosts productivity by linking and streamlining multiple functions of mission-critical operations. Axys also provides users many automated features to save time and money, minimize errors, improve efficiency and meet a shorter settlement cycle. This functionality provides users with the critical components necessary for achieving straight-through processing.

Other components of Advent Office include Qube(R), the client relationship management solution; Moxy(R), the most widely used intra-day order management solution; Advent Warehouse(tm), the world's first investment warehouse management solution; Advent Partner(tm), a partnership accounting solution; and Rex(tm) the industry's first Internet-based automated reconciliation solution.

Advent Software Inc. is a 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 should contact Advent Software, 301 Brannan Street, San Francisco, CA 94107; phone [phone] or visit Advent's Web site at http://www.advent.com.

Axys, Moxy, Qube, Rex, Advent Warehouse and Advent Partner are all trademarks or registered trademarks of Advent Software. All other products or services mentioned herein are trademarks or registered trademarks of their respective companies.

    CONTACT: Leslie Dunbar/Jason Kannon
              Austin Lawrence Group
              203/961-8888, ext. 3012/3002