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London, 17 July 2003 – Linedata Services (UK) Ltd., a leading provider of software and services to the global financial services marketplace, today unveiled Icon version 5.00, the latest release of the UK’s leading investment management, valuation and fund accounting system.

This new release is a significant milestone, as it marks the first release of Icon since the acquisition by Linedata Services of the portfolio products of Thomson Financial.

There are a number of new features in Icon version 5.00, including:

* A new Data Integration Platform (DIP), which will replace the existing data feed mechanism and provides numerous benefits, such as:
- Improved flexibility – where users can define their own templates for data requests.
- Enhanced usability – including automatic recovery and intelligent logic to handle exceptions.
- A platform for future data related enhancements and modules.

* An Early Support Programme (ESP) for those customers wishing to upgrade their Icon system to version 5.00, which will assist in the adoption of new functionality. This programme includes demonstration days and additional support during the customer-testing phase.

Paul Westgate, Icon Product Manager at Linedata Services (UK), comments “The launch of Icon version 5.00 will bring substantial benefits to all our users, particularly in the area of data ingest, and also marks the introduction of our Early Support Programme, which we anticipate being of enormous assistance to our customers as they upgrade their Icon system in the future. Icon version 5.00 also sees us move from a release cycle that is ‘specific date driven’ to one that is still time bound but more ‘content-driven’. This will allow us to focus on delivering tangible product enhancements in each major release”

Paul Roberts, Chief Operating Officer at Linedata Services (UK), adds “I am delighted with the progress we have made over the past few months since the Linedata Services acquisition and this new release of Icon demonstrates how totally committed our new parent company is to the future of the product”.