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Asset Managers prepare for pending regulatory changes by implementing Eze Castle Software’s Commission Optimizer

Boston, MA (June 8, 2004) – Eze Castle Software, the market leader in commission management and evaluation software, has signed three new clients to their Commission Optimizer product. The Boston Company Asset Management; LLC, Tudor Investments Corporation, and Lee Munder Capital Group are implementing the Commission Optimizer product to manage their commissions and fund expenses.

"Commission Optimizer goes deeper into the process by giving us the ability to view past, present and future budgets to meet SEC requirements and it stores all vendor application and service licenses information associated with soft and hard dollars. It also gives us the ability to track and record justification for each analyst vote for broker allocations. Commission Optimizer is an all around product that gives us better control of our commission and fund expense management," says David Bentley, Applications Manager for The Boston Company Asset Management; LLC.

"Commission Optimizer is used by 11 of the top 50 asset managers," says David Quinlan, President of Eze Castle Software. "Given the ongoing regulatory pressures from the FSA and SEC to increase transparency and accountability of commission spending, it is only logical that firms implement the technology to track, analyze, and report their commission activity. Our product Commission Optimizer is the technology they need to meet the pending regulatory standards.

Currently 23 asset managers with a combined total of over $1 trillion dollars under management use Commission Optimizer to manage their commissions and expenditures.