Asset Control Allies with Sun Microsystems To Deliver AC Turnkey Data Solutions

Sun Hardware to Underpin New AC Solution Center in New York City Opening in July, in Addition to European Solution Center

New York, NY, June 20, 2005 – Asset Control, a leading provider of centralized data management solutions to the financial industry, today announced it is working jointly with Sun Microsystems to provide Asset Control customers with AC Turnkey Solutions. These turnkey solutions combine reliable and powerful Sun servers with industry-proven AC Plus software. Configured to customer requirements, they are built in the AC Solution Center labs, tested and customer-approved before installation at the customer site, ready for downstream integration.

"Our relationship with Sun enables us to provide a complete hardware-and-software turnkey solution, offering our customers full confidence in the core elements of their strategic data management initiatives," said Ger Rosenkamp, CEO of Asset Control. "According to our customers, Sun servers are the favored hardware platform for the enterprise-wide data integration solutions we provide. We are delighted that our first turnkey project built on Sun hardware in our Solution Center was accomplished at a European bank within days."

Sun hardware also furnishes the Asset Control European Solution Center in the Netherlands, as well as the new Solution Center in Times Square in New York City, scheduled to open in July. The Solution Centers serve as development labs for configuration of turnkey solutions prior to installations at customer sites. In addition, the Solution Centers serve as a near-production environment for running AC Plus solutions for Basel II data and reference data, enabling on-site and on-line visitors to become familiar with the features and options of Asset Control software.

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