Netage Unveils the First Online Store for Hedge Fund Software

Body Text: CAMBRIDGE (MA) – June 15th, 2005 – Netage Solutions, a leading global provider of front-office software for the alternative assets industry - hedge funds, private equity, venture capital and funds of funds – today announced the launch of the first online store for hedge fund software allowing startup and growing hedge funds to purchase, download and install an investor and compliance management system in a matter of minutes.

The InvestorDynamo Online Store, located allows visitors to purchase software, along with unlimited free upgrades and updates, and choose from three levels of service for a range of support and training options. Preferred member discounts are applicable through prime brokers and capital introduction groups.

According to the Hennessee Group's 11th annual hedge fund survey, the industry now has more than 8,000 hedge funds, a 15% increase over the last year, managing in excess of US$1 trillion in assets. A lot of these funds are startups with rapid asset growth.

"Witnessing the unprecedented growth of the industry and the challenges it brings, we see that the factors differentiating funds that stagnate, from those that successfully attract new capital will be the fund’s capability to track key data, communicate with investors and consistently meet compliance requirements” said Mr. Krassen Draganov, CEO of Netage Solutions. “Netage responds to these fundamental needs with an affordable and easy-to-use application that assists emerging hedge funds in supporting rapid asset growth. Our online store gives growing hedge fund managers a convenient, secure and trusted resource for reliable investor and compliance management software."

InvestorDynamoâ„¢ Starter Edition stores client and prospect information in a central repository and helps meet compliance requirements, proactively track key statistics, and send mail merge correspondence. Major benefits include:
• Compliance monitoring
• Investor correspondence management
• Easy deployment
• Clear upgrade path
• No risk to mission-critical systems
• Essential reporting
• Outlook integration
• PDA accessibility
• Customizability
• Data import tools

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