MicroEdge Releases New Features for DonorCentral(R).Web-based Portal Now Connects Donors with Specified Areas of Interest NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- MicroEdge, a wholly-owned subsidiary of Advent Software Advent Software (NASDAQ: ADVS) makes software designed to automate portfolio accounting for investment management firms, ranging from family offices and investment advisors to large institutional investors and hedge funds. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADVS ADVS Automatisiertes Datenverarbeitungssystem ADVS Assistant Director Veterinary Service ) and a leading provider of solutions for the grantmaking community worldwide, has released a powerful new suite of features for its popular DonorCentral[R] Web portal See portal. . DonorCentral[R] is the industry's first major Web-based product that allows donors and advisors to monitor the status of their philanthropic assets and to make grant recommendations from anywhere, at any time, utilizing the Internet. The latest version of DonorCentral[R] allows foundations using MicroEdge's FIMS FIMS - Form Interface Management System and FoundationPower to connect donors to causes in which they have particular interest by using an intuitive interface. The new version of DonorCentral[R] enables donors to identify and specify areas of grantmaking interest within the prospective portfolio. Each time donors log into DonorCentral[R], they will see a customized page with relevant content and a pre-filtered list of proposals and/or charities that match their areas of interest. This allows donors to efficiently elect to support - in part or fully - one or more of these proposals via a donor-suggested grant from their Donor Advised Fund Donor Advised Fund A private fund administered by a third party and created for the purpose of managing charitable donations on behalf of an organization, family, or individual. Notes: Donor advised funds have become increasingly popular. . The filtering process eliminates the tedious review of numerous grantmaking proposals that are unrelated to a donor's unique social interests. Proposals are earmarked by the foundation within FIMS or FoundationPower for publication to the DonorCentral[R] Web portal. "In the past year, donors have accessed DonorCentral[R] about 95,000 times and they have suggested nearly $500 million in grants. Donors clearly want online services, and foundations need cost-effective, faster mechanisms to get grant opportunities in front of their donors. The latest release of DonorCentral[R] does both," says David Dietrich, Vice President for Strategy and Product Management at MicroEdge. "With these new features, we're making it easier for foundations using FIMS and FoundationPower to efficiently connect their donors with opportunities that are in need of funding at the time when funding is needed, thus achieving greater community impact while dramatically reducing costs." The Community Foundation of Broward has embraced the enhanced functionality in DonorCentral[R], making a strategic investment in MicroEdge products which helped to shape and facilitate some of these new enhancements. "DonorCentral[R] is bringing about greater connectivity between our donor community and the causes that are near and dear to each of them," comments Sheri Brown, Vice President, Grants and Initiatives for the foundation. "We're very excited at the prospect of enabling grantseekers and donors to more efficiently interact, while at the same time significantly streamlining our operations." Foundations will also benefit from enhanced communication features that make it easier to deliver targeted content, e-mails and online e-alerts directly to their donors based upon their specified interests - enabling foundations to proactively communicate information such as proposals, news, events, projects and grantee An individual to whom a transfer or conveyance of property is made. In a case involving the sale of land, the buyer is commonly known as the grantee. grantee n. profiles. "This latest suite of enhancements to the DonorCentral[R] platform further extends MicroEdge's strategy of enabling organizations to leverage the Internet and their primary back-office systems," continued Dietrich of MicroEdge. "When used in conjunction with the MicroEdge Portico[TM] GRM GRM Gross Rent Multiplier GRM Geospatial Resource Management (GIS, mapping) GRM General Routing Matrix GRM General Relationship Model GRM Gregg Reference Manual GRM Gross Refining Margin GRM Global Request Manager online grantee relationship management system, it creates a streamlined, administration-free workflow. Grantseekers submit proposals online through Portico GRM, the grant proposal data subsequently flows through FIMS or FoundationPower, and the opportunities can be published to the donor community via an efficient, paperless process." These latest tools are part of an expanded feature set and are provided at no additional cost to users who are current on an annual maintenance plan as part of the DonorCentral[R] platform. For more information about DonorCentral[R] and upcoming eLabs, visit http://www.microedge.com/products/donorcentral/. About MicroEdge MicroEdge, Inc. (www.microedge.com), a subsidiary of Advent Software, Inc. is the leading provider of software and services to the giving community worldwide. The MicroEdge suite of Windows and Web-based software delivers a powerful, integrated, and open framework upon which effective charitable giving can be made. The company is committed to providing the best technology toolset for foundations, corporations, government agencies, donors, advisors and financial institutions. Together, these tools help organizations to work with one another to raise, invest, manage and award charitable currency. MicroEdge, Inc. is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. with regional offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , and supports thousands of clients worldwide. About Advent Advent Software, Inc. (www.advent.com), a multi-national company, has been providing trusted solutions to the world's leading financial professionals since 1983. Firms in more than 60 countries are using Advent technology to manage investments totaling more than US $12 trillion. Advent's quality software, data and services enable financial professionals to improve service and communication to their clients, helping them grow their business while controlling costs. Advent is the only financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. software company to be awarded the Support Center Practices certification for being a world-class support organization. Forward-looking Statements Any forward looking statements included in this press release, including those pertaining to new products, involve risks and uncertainties that could cause actual results to differ materially from our expectations. These risks and uncertainties include market acceptance of new products, the impact of initiatives by competitors, and other risks detailed in Advent's filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. , as amended, copies of which may be obtained by contacting Advent Software at 415-645-1787, or by visiting Advent's Investor Relations Investor relations The process by which the corporation communicates with its investors. website at www.advent.com. |
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