EstateWorks Inc. Announces EstateWorks 2005; Addition of Planning Module Makes Product Complete Solution for Trust and Estate Professionals.

MAYNARD, Mass. -- EstateWorks, Inc. today released EstateWorks 2005, a significant enhancement to its unique workflow management software for Trust and Estate professionals. Most notably, EstateWorks 2005 now includes an Estate Planning Module that, together with its Estate Settlement Module, makes it a complete software solution for estate professionals.

"The addition of the Estate Planning Module is tremendously significant for our customers," said Gina Macdonald, CEO of EstateWorks. "Prior to the release of EstateWorks 2005, we offered a product that addressed only part of the estate process - the settlement portion. Now customers can control the entire planning and administration of an estate from initial client interview through final settlement."

Currently the only product of its kind on the market, EstateWorks 2005 is a secure, web-based, and highly customizable solution that allows lawyers, bankers, and CPAs to control the entire estate planning and administration process. Using EstateWorks 2005, client data is entered once, then used to automate client letters and other documents including probate forms. It generates reminders for Crummey notices and provides a management overview of all documents, team assignments, and projects completed.

"The more we use EstateWorks, the more we love it," the project manager handling the introduction of EstateWorks at one of the three largest banks in the country said recently. Their deployment of the EstateWorks solution began in January 2005 and already is handling over 150 estates in seven states.

Because it is web-based, EstateWorks 2005 enables the planning and settlement of estates in companies with satellite offices. It encourages information sharing and collaboration through any web-accessible computer in any location.

EstateWorks 2005 interfaces with EstateVal for securities reporting as well as industry-standard tax and probate forms including 706 forms from Thomson Fast-Tax, Intuit's Lacerte, CCH's ProSystem fx, Lackner's Estate Administration System, and FASTER Systems LLC. It also integrates with Lexis Nexis HotDocs(R).

"Prior to purchasing EstateWorks, many of our customers planned and settled estates using a fragmented process involving a variety of software products, methods, even paper and pen," said Ms. Macdonald of EstateWorks. "With EstateWorks, these customers report to us dramatic savings in time, increased efficiency, and, naturally, increased profitability."

EstateWorks 2005 sells for $1,500 per user annually before volume discounts.