ALBRIDGE SOLUTIONS CELEBRATES ONE-YEAR ANNIVERSARY OF CORPORATE NAME CHANGE WITH NEW WEB SITE AND EXPANSION OF SERVICES

August 18, 2005--Lawrenceville, NJ– Albridge Solutions, the industry leader in enterprise financial data consolidation and performance reporting, marked the first anniversary of its corporate name change by launching a redesigned Web site to reflect the company’s expansion of products and services as a full-line provider of Web-based data solutions to the financial services industry. Formerly known as StatementOne, the Albridge Solutions name was unveiled last summer to more accurately reflect the evolution of the company beyond its original focus of consolidating financial data for performance reporting and portfolio accounting.

"Albridge’s success is based on the performance of our products and the results they have achieved for our clients," said Greg Pacholski, President and CEO, Albridge Solutions. "We have become a preferred provider that can be a ‘bridge’ to all the applications financial professionals need to succeed. Our growth is evident on the new Web site which demonstrates how Albridge’s suite of services offers an integrated, cost-effective platform on which to build success."

The Albridge Solutions portfolio has grown to include Web Services, Replicated Data Services, Fee Billing and Data Aggregation, complimenting its highly successful Wealth Reporting solution. Detailed information on each of these services is featured along with free webinars, a Wealth Reporting demo, training and client support.

The Albridge Advisor Report was introduced earlier this summer as the initial offering from Albridge Information Services, which will provide advisors and institutions with metrics, benchmarks and analysis that help measure performance and competitiveness. Delivered quarterly and electronically, the report features the Albridge Advisor Rating which scores advisors on multiple metrics within a relative peer group in four categories (performance, activity, diversification and growth). In addition, the report will contain key metrics on advisors performing in the top five percentile for a Best-of-Breed Analysis that includes sales and performance. Albridge’s Information Services will provide a variety of research for institutions and their advisors as part of the Albridge Advisor Report, the Albridge Institutional Report and customized research projects.

"In the course of a year, Albridge Solutions has quickly become a name that represents quality and choice for the financial industry," said Stuart Tarmy, Vice President, Marketing at Albridge Solutions. "Our Wealth Reporting solution alone has experienced a 50 percent increase in advisor users from last year and a phenomenal 1,000 percent growth in individual investors using our platform. Advisors who use Albridge are confident their clients will receive the most up-to-date and accurate information that is relevant to them. Albridge continues to listen to its clients and will unveil additional services that will deepen the support we offer as a one-source solution provider."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development