FASCET LLC

FASCET LLC Expands Both Geographically and in Personnel

New York, April 25th, 2006 - FASCET LLC, a leading provider of portfolio management solutions, is pleased to announce its expansion to a new office in New York City, the establishment of Chicago operations, as well as the hiring of key personnel.

The head office located at 381 Park Ave South in New York City, provides a centrally located, technologically advanced space well suited to meeting strategic goals. With the opening of an office in Chicago Ill., Fascet will be also be expanding into one of the worlds largest financial centers. Fascet Chicago is poised to meet the needs of financial institutions in Illinois as well the Midwest and Mountain States with value added services and products from resources based in their region.

Along with the new offices, Fascet is pleased to announce the hiring of key personnel both in the professional services and software development arenas. These individuals bring with them experience in financial services and technology, and will provide clients with the level of services they expect from a top tier provider.

By establishing a new base of operations as well as expansion both geographically and in valued personnel, Fascet is positioned to build upon its role as a preeminent supplier of professional services and synergistic software to the investment management community.