INVESTEDGE LAUNCHES ASP 3.0 WEALTH MANAGEMENT SOFTWARE.

InvestEdge, Inc., a provider of investment management solutions for wealth managers in large banks, trusts, and brokerage firms, has launched InvestEdge ASP 3.0. The latest release of InvestEdge ASP features key enhancements to the software's patent-pending technology and an open architecture that supports Web services.

The release of InvestEdge ASP 3.0 provides financial services institutions with an enhanced set of web-based tools to more efficiently and effectively manage the portfolios of high net worth investors. With the software, wealth managers have an intuitive system for analyzing, managing, and reporting on client assets. A unique feature of InvestEdge ASP is its ability to leverage data from multiple sources -- including back office systems and other data suppliers. The core modules in the software include automated investment tools, asset report generators, information management, and customer contact tracking.

The latest release of InvestEdge ASP incorporates the new standard for interoperability -- Web services. Web services are software modules that use open standards to share data or software capabilities over the Internet. InvestEdge ASP 3.0 will enable customers, other vendors, and systems integrators to easily integrate the software with virtually any enterprise application, including legacy systems.

"This development will allow for unmatched levels of customization and integration," said Roland Collins, chief technology officer at InvestEdge. "We now have a fully exposed API, allowing third-party applications full access to our engine. This ability is especially important to the financial services market where mergers and acquisitions often require rapid integration of disparate systems."

The move to Web services will also dramatically simplify future development and implementation efforts. Previously, InvestEdge developed custom interfaces for each client based on the existing technology in place. Web services will enable InvestEdge to use the same interface for each point of integration.

"The real winners will be banks, trusts, and brokers, as well as their high net worth clients," said Bob Stewart, InvestEdge CEO. "From IT's perspective, our solution is now easier than ever to integrate and customize. From the business side, our customers will experience even greater ROI through increased productivity and efficiency, consistent investment strategies and performance, and higher sales. Meanwhile, their customers will receive dramatically better service and greatly enhanced reports."

About InvestEdge, Inc.

InvestEdge develops and licenses web-based investment software that enables wealth management professionals to more effectively administer and grow the assets of their high networth clients and win new business. Applying patent-pending technology, InvestEdge solutions leverage data from existing portfolio and accounting systems to automate key front-office functions. With InvestEdge, wealth managers are able to manage more accounts, more efficiently, with automated portfolio monitoring, analysis and rebalancing tools, create best-in-class client report packages automatically at period ends, and gather assets under management by loading outside accounts, running scenario analyses, and providing a compelling presentation for customers. As a result, firms are able to increase productivity and efficiency, deliver consistent investment performance, and generate more sales from existing and prospective high networth customers. Founded in June of 2000, InvestEdge is quickly growing through the addition of major customers in banking and brokerage such as Deutsche Bank Alex Brown and Wilmington Trust.

InvestEdge can be found on the World Wide Web at http://www.investedge.com.

For more information, call 412/860-8067.