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Linedata Services Named the Best Portfolio Management System in North America, by the Hedge Fund Journal

Linedata Services (LIN:FP), the leader in award-winning investment software, solutions and services, today announced that its Hedge Fund Solution has been recognized as the "Best Provider of Portfolio Management Systems," at the 2008 U.S. Hedge Fund Journal Awards.

This award reflects the growing dominance of Linedata Services in the North American hedge fund space during what has been an incredibly productive year across its entire asset management division. With unique industry partnerships and new product offerings, such as Linedata Risk Analytics, Linedata Services continues to meet the escalating demands of the alternative investment space under the strains of an increasingly volatile and challenging financial market.

Anvaraly Jiva, CEO and Chairman of the Management Board of Linedata Services, said, "We are honored to have received the UK Hedge Fund Journal award for the last two years as the Best Portfolio Management System in the European hedge fund space and this same recognition in North America solidifies our outstanding global reputation."

"We are privileged to be recognized by our peers, our clients and the industry as a whole. We have over 280 hedge funds currently on the Beauchamp Hedge Fund Solution platform globally," said Annie Morris, Managing Director of Linedata Services North America. "Further, we have one of the most sophisticated client bases in the world and we must keep pace with its ever increasing requirements for innovation and robust functionality. This award is a testimony to that."

The premier 2008 U.S. Hedge Fund Journal Awards took place on 18th September, at the Guggenheim Museum in NYC. A variety of criteria were used for selecting the winners, including: industry leadership, customer service, competitive pricing and innovative technologies.