National Penn Bank selects SRC Software's Advisor Series for Budgeting and Financial Reporting.

Business Editors

PORTLAND, Ore.--(BUSINESS WIRE)--Aug. 3, 2001

SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination." Software, a top provider of enterprise budgeting and financial reporting solutions, today announced that National Penn Bank, Boyertown, PA will be implementing SRC's Advisor Series(TM). National Penn Bank is a 127-year old financial institution with 59 offices located in 9 southeastern Pennsylvania counties.

National Penn chose SRC Software's Advisor Series because it will enable them to automate their budgeting system. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3. Linda Strohmenger, National Penn vice president, "We were looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a system that would allow us to move from using manual spreadsheets to an electronic format. The Advisor Series will enable us to do just that."

In addition, the Advisor Series will allow National Penn to have access to their budgeting process via their internal intranet. "We were most impressed with SRC Software's superior technology and support system," said Strohmenger.

National Penn Bancshares, Inc. (Nasdaq: NPBC NPBC National Penn Bancshares, Inc
NPBC Newport Pagnell Baptist Church (UK)
NPBC Node-Pair Binding Cache ; www.natpennbank.com) is a $2.6 billion 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. company headquartered in Boyertown, PA. NPBC currently operates 59 banking offices in southeastern Pennsylvania through National Penn Bank and its three divisions (Chestnut Hill Chestnut Hill may refer to:

In geography:

Chestnut Hill, Cumbria, England
Chestnut Hill, Massachusetts, United States
Chestnut Hill, Philadelphia, Pennsylvania, United States
Chestnut Hill, West Virginia, United States

In education National Bank, 1st Main Line Bank, and Elverson National Bank), and 2 banking offices in southeastern Pennsylvania through Panasia Bank N.A. Panasia Bank N.A. also operates four banking offices in the northern New Jersey marketplace. Trust and investment management services are provided through Investors Trust Company; brokerage services are provided through Penn Securities, Inc.; insurance services are provided through Penn Securities, Inc. and Link Financial Services, Inc.; and mortgage banking activities are provided through Penn 1st Financial Services, Inc. National Penn Bancshares, Inc. common stock is traded on the Nasdaq Stock Market Nasdaq stock market

The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol "NPBC." Additional information about the National Penn family is available on National Penn's Web site at www.natpennbank.com.

SRC Software develops, markets and supports the Advisor Series, a suite of financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and analytic products consisting of the Budget Advisor(TM) for detailed budgeting; the Payroll Planner(TM) for employee-level payroll budgeting; and the Information Advisor(TM) for consolidations and reporting. An established presence in the financial planning market, SRC currently has over 1200 installations and thousands of users worldwide. For more information please contact SRC Software at 800/544-3477 or visit their web site at www.srcsoftware.com.

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Publication:	Business Wire
Date:	Aug 3, 2001
Words:	380
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