ALBRIDGE SOLUTIONS SELECTED BY TFS SECURITIES FOR ITS BEST OF BREED DATA AGGREGATION AND ADVANCED PERFORMANCE REPORTING TECHNOLOGIES

January 10, 2005-Lawrenceville, NJ-Albridge Solutions, the industry leader in financial data consolidation and performance reporting, announced today that TFS Securities, Inc. of Lincroft, New Jersey has chosen Albridge Solutions (formerly StatementOne) to provide its network of advisors across the nation with comprehensive state-of-the-art data access, collection and reporting capabilities. In addition, TFS advisors will have the support of Albridge’s training and technical staff to quickly resolve issues and enable them to focus more on client relationships and not technology.

By utilizing Albridge’s automated account consolidation and performance reporting solution, TFS Securities will provide hundreds of affiliated advisors with one of the most sophisticated suites of solutions available in the industry. This will increase competitiveness, streamline processes and enhance client service as well as assist in compliance and recruiting. TFS Securities, Inc. is a complete financial service organization with more than 35 years of industry experience offering a full line of insurance and investment products, mortgages, and comprehensive financial planning services. TFS has hundreds of affiliated financial consultants located across the nation.

"The Albridge solution will give our advisors the tools they need to compete in a challenging marketplace. Our advisors ability to access and process all client account activity across many product lines will allow them to better manage their client relationships, properly tailor their asset allocations, and streamline client communication," said Thomas P. Hyland, President of TFS Securities. In addition, our OSJ and Home Office Compliance personnel will be well equipped to review client account activity, determine suitability and study production trends with the push of a button."

"Albridge’s growing portfolio of services and solutions is customer-centric focused: we’re committed to empowering our clients with the most sophisticated, reliable and user-friendly tools available in order for them to offer the best information and counsel possible to their clients," said Stuart Tarmy, Vice President, Marketing at Albridge. "By offering a complete set of services, firms such as TFS can focus more on building client relationships and leave the technology to us."

Albridge’s Wealth Reporting provides financial institutions, their advisors, and their permissioned clients with immediate, on-demand access to the transaction-level data that's critical to successful wealth management. Albridge clients are provided with a hierarchical view which provides users at all levels the ability to securely view, analyze and report on their respective clients and/or account information. Advisors can create on-line portfolios, households of any combination of clients or accounts and can generate in-depth reports to use in their practices. Users are also empowered with the ability to automate the preparation of regularly reoccurring statements and reports as well as e-mailing them to clients - effectively streamlining business operations, enabling increased productivity and allowing more time to gather (and retain) assets.

Albridge Data Aggregation, powered by CashEdge, incorporates held-away asset information of TFS clients into the Albridge Wealth Reporting Solution which has been designed to deliver a seamless, tightly integrated data consolidation and reporting experience. Typical held-away asset information includes self directed brokerage accounts, away asset management accounts, trust accounts, pension plans, 401k's and IRA's.

Since announcing its first enterprise financial institution client four years ago, Albridge has become a leader in providing enterprise data consolidation and Web-based portfolio accounting/performance reporting solutions to the financial services industry and counts more than 85 institution-level clients and tens of thousands of advisors as users.

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