AMERICAN CENTURY INVESTMENT MANAGEMENT SELECTS INVESTTECH TO MANAGE STRATEGIC INVESTMENT SYSTEMS PROJECTS

Woodland Hills, CA, October 13, 2003 – American Century Investment Management announced that it has selected InvestTech Systems Consulting, a leading provider of investment systems consulting and professional services for institutional investors as the implementation partner on a number of strategic investment systems initiatives.

As part of a strategic initiative to upgrade investment systems technology, American Century recently selected new portfolio management and data hub software, a new portfolio order management system for fixed income trading, a new pre-trade compliance system, as well as a number of other solutions. Recognizing the challenges of concurrently implementing and integrating multiple large-scale systems, American Century made the decision to secure the services of InvestTech, which has specialized expertise in investment systems integration and implementation.

"We selected InvestTech because they impressed us with their focused investment knowledge, as well their application integration expertise with the specific products we are implementing" said Mr. Keith Kinart, Vice President Investment Management Technology, at American Century.

Mr. Jeremy Hurwitz, InvestTech principal and co-founder, stated, "We are very pleased to have been selected by American Century for this critical project. As an investment systems firm specializing in large complex trading, investment accounting and data warehouse integration projects, we believe InvestTech is uniquely positioned to serve American Century on this forward-thinking project. We have been fortunate to serve many of the largest investment management organizations with similar re-engineering projects."

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